New Venture Creation NQF 4

Learnership Overview

The New Venture Creation Learnership is intended for persons who wish to start, operate, manage, and grow
a new small to medium business venture. It is designed to equip learners with a variety of technical, business,
managerial and personal skills and strategies to help them succeed in the creation and sustenance of a
business. The purpose of this qualification is to help potential and existing entrepreneurs to capitalise on
opportunities to start and grow sustainable businesses that form part of the mainstream economy, enabling
the learners to tender for business opportunities within both the public and private sectors.

On achieving this qualification, the learner will have competencies in:

  • Demonstrating an ability to identify and create a new venture;
  • Demonstrating knowledge of interpersonal skills required in a business environment;
  • Demonstrating an understanding of basic economics within a market economy
  • Managing a new venture by applying business principles and techniques; 
  • Demonstrating an understanding of the role of leadership and management.

Pre-requisites / Assumed Learning

Learners accessing this Learnership should be competent in:

  • Communication at NQF level 3 (Grade 10)
  • Mathematical Literacy at NQF level 3 (Grade 10)

Further Study Options

Learners completing this qualification may consider further studies in:

  •  Business Administration (NQF 4)

Communication

1
Unit 1: Introduction to Communication
2
Unit 2: Meetings
3
Unit 3: Report writing

Mathematical Literacy And HIV/AIDS

1
Unit 1: Represent analyse and calculate shape and motion in 2-and 3-dimensional space in different contexts
2
Unit 2: Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues
3
Unit 3: Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems
4
Unit 4: Demonstrate knowledge and understanding of HIV/AIDS in a workplace, and its effects on a business sector, own organisation and a specific workplace

Marketing Requirements

1
Unit 1: Research the viability of new venture ideas/opportunities
2
Unit 2: Apply innovative thinking to the development of a small business
3
Unit 3: Explain marketing for SMMEs
4
Unit 4: Demonstrate an understanding of the function of the market mechanisms in a new venture

Financial Requirements

1
Unit 1: Finance a new venture
2
Unit 2: Implement an action plan for a new venture

Business Operations

1
Unit 1: Produce business plans for a new venture
2
Unit 2: Apply the principles of costing and pricing to a business venture
3
Unit 3: Manage general administration

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Lectures: 16

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    Monday 9:30 am - 6.00 pm
    Tuesday 9:30 am - 6.00 pm
    Wednesday 9:30 am - 6.00 pm
    Thursday 9:30 am - 6.00 pm
    Friday 9:30 am - 5.00 pm
    Saturday Closed
    Sunday Closed