Business Planning

Status Of The Programme: 
3 Feb 2019
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:
• Research the viability of new venture opportunities/ideas
• Produce business plans for a new venture
• Implement an action plan for a new venture

Programme Outline: 

• Identify and assess own business ideas/opportunities for a new venture.
• Analyse the viability of a selected idea/opportunity against specific screening variables.
• Research the potential of a particular idea/opportunity as a new venture.
• Analyse a range of risks associated with a new venture.
• Evaluate new venture ideas/opportunities based on research findings.
• Identify, gather and analyse the relevant information needed to compile a plan for a new venture.
• Formulate an ethical framework for the operational plans of a venture.
• Establish and prioritise business, financial and/or operations goals and objectives for new venture.
• Design and present business, financial and/or marketing plans based on a budget for a new venture.
• Design an action plan for a new venture.
• Set up business premises and operational systems.
• Implement business financial systems.
• Identify the risks associated with the 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.


Training Programme Duration: 4 Days.

Assessment: Portfolio of Evidence will be submitted within three months of completing the training. Assessment activities
include evaluating business plans.

Certification: This includes obtaining endorsement from the SETQAA.

Unit Standard(s):
• 114596 - Research the viability of new venture opportunities/ideas
• 114592 - Produce business plans for a new venture
• 263534 – Implement an action plan for a new venture

Target Group: 

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