Business Finance

Status Of The Programme: 
ACTIVE
Purpose of the Programme: 

The purpose of this programme is to equip the learner with the necessary knowledge, skills and attitudes to start up a new
venture or maintain an existing venture.

Program Outcomes: 
Program OutcomesLevelCredits

On completion of this programme learners will be able to:
• Apply the principles of costing and pricing to a business venture
• Finance a new venture

4
11
Programme Outline: 

• Explain the criteria of a price setting policy for a new venture.
• Analyse internal and external factors that impact upon pricing decisions.
• Demonstrate an understanding of the relationship between costs, revenue and profits.
• Determine the capital requirements of the new venture.
• Indentify and compare funding options and service offered by the finance industry for new ventures.
• Compile personal income and expenditure and assets and liabilities statements.
• Identify the requirements and prices to obtain the selected financing option for the new venture.
• Identify alternative sources to secure finance for a new venture.

Learning Assumed to be in Place: 

Delegates wishing to enroll on this programme should be competent in Computer Literacy, Mathematical Literacy and
Communications at NQF level 3.

Recognition of Prior Learning (RPL): 

RPL against these unit standards are allowed. Apply online by sending us your details / information.

Methodology: 

Training Programme Duration: 2 Days.

Assessment: Portfolio of Evidence will be submitted within one month of completing the training. Assessment activities
include evaluating financial planning.

Certification: This includes obtaining endorsement from the SETQAA.

Unit Standard(s):
• 263455 – Apply the principles of costing and pricing to a business venture
• 114584 - Finance a new venture

Target Group: 

• First line managers
• Business owners
• Branch managers
• Entrepreneurs