National Certificate
NEW VENTURE CREATION (SMME) L2
SAQA ID: 49648
The purpose of the NQF level 2 New Venture Creation qualification is to provide a basis for structured programs for potential and existing entrepreneur to capitalise on opportunities to start and grow sustainable business that form part of the mainstream economy, enabling the learners to tender for business opportunities within both the public and private sectors.
Module 1: Use basic Mathematics to fulfil new venture functions effectively.
- Use Mathematics to investigate and monitor the financial aspects.
- Identify, describe, compare, classify, explore, shape and motion.
- Work with a range of patterns, and functions and solve problems.
- Apply basic knowledge of statistics.
- Rational and irrational numbers.
Module 3: Determine market requirements and manage the relevant marketing and selling processes.
- Identify and demonstrate entrepreneurial ideas.
- Match new venture opportunity to market needs.
- Manage marketing and selling processes.
- Apply the basic skills of customer service.
Module 5: Determine financial requirements and manage financial resources of a new venture.
- Determine financial requirements.
- Produce a business plan.
- Manage finance.
Module 2: Apply basic Communication skills in new venture creation context.
- Access and use information from text.
- Write for a defined context.
- Maintain and adapt oral communication.
- Use language occ learning.
- HIV/AIDS
Module 4: Demonstrate an understanding of the sector/industry in which the business operates.
- Industry procurement systems.
- for business.
- Administer contracts.
Module 6: Manage business operations.
- Manage business operations.
- Coordinate meetings.
- Prepare and process documents for banking.
- Monitor and control the receiving and satisfaction of visitors.
- Behave in a professional manner.
- Apply basic business ethics.
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