|SAQA US ID||UNIT STANDARD TITLE|
|114592||Produce business plans for a new venture|
PURPOSE OF THE UNIT STANDARD
This Unit Standard has as its core purpose to equip learners with the necessary knowledge and skills to produce business, financial and/or operations plans for implementing a new venture. It will also address the economic and administrative issues that prevent the starting of a new venture and contribute to the inability of an entrepreneur to sustain a new venture
- The qualifying learner will be able to:
Identify, gather and analyse the relevant information needed to compile a business plan.
Formulate an ethical framework for the operational plans of a new venture.
Establish and prioritise business, financial and/or operational goals and objectives for a new venture.
Design and present business, financial and/or marketing plans based on a budget for a new venture.