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
Unit standard 114592 - Produce Business plans for a new venture
The qualifying learner would be able to:
- Identify, gather and analyze 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 prioritize 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
- Manager: Reinette Mostert