NEW VENTURE CREATION

Grade 9

The purpose of the skills programme is to prepare candidates to operate small business.


Learners who acquire this skills programme will be able to: Start, manage, grow and sustain a small business.

The programme will help the trainee to:
• Start, manage, grow and sustain a small business.
• Know him/herself
• Know his/her industry
• Identify market opportunities
• Create business innovation
• Manage finances
• Price goods and services
• Plan and set business goals

Learners will be able to:
• Gather and analyse information for an industry
• Determine market requirements relevant for marketing and selling goods and services
• Determine financial, human and infrastructure requirements
• Manage financial, human and infrastructure resources of a business
• Plan for the establishment of business
• Organise and conduct business activities

1. Continuous Assessment
• Each topic has integrated multiple-choice questions for internal formative assessments. A pass for topic formative assessment is required to move to the next topic. Assessments are conducted manually or through e-assessment with sufficient security.


2. Supervised Assessment
• Learners will be required to construct a project plan that demonstrates understanding of all the modules taught. This will also serve as a business plan for new business venture or expansion of the micro venture already engaged in. Assessment are conducted manually or through e-assessment with sufficient security.

Learners who intend to start a business and those who intend to improve, stabilise and expand existing small businesses. Further learning can be pursued into NC: New Venture Creation, NQF Level 2.

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