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Quick Look Course Summary:Research the viability of new venture ideas/opportunities
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Next Public Course Date:
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Length: 3 day(s)
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Price (at your venue): 1 Person R 16,700.00 EX VAT 3 Person R 11,644.28 EX VAT 10 Person R 7,836.00 EX VAT
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Certification Type:Non-Accredited
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Locations & Venues: Off-site or in-house. We train in all major city centres throughout South Africa.
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Research the viability of new venture ideas/opportunities
(This Unit Standard course is aligned to: Further Education and Training Certificate: New Venture Creation)
SAQA I.D. 66249 NQF Level: NQF Level 04
Unit Standard: 114596
Number of credits: 5
Introduction
Enroll on a small business management course, training for small business owners, business class or reserve your seat now on BOTI’s Unit Standard course: Research the viability of new venture ideas/opportunities. BOTI offers business training programmes across South Africa.
Course outline
This Unit Standard is geared towards those individuals who wish to identify and screen new ideas and/or opportunities with the intention of establishing and/or participating in a new venture.
You will become proficient at numerous tasks such as finding information about different industry sectors; explaining the purpose of potential new ventures; identifying characteristics of successful ventures and evaluating new venture opportunities.
Upon successful completion of this course you will competently be able to:
- Analyse the viability of a selected idea/opportunity against specific screening variables.
- Research the potential of a particular idea/opportunity as a new venture.
- Evaluate new venture ideas/opportunities based on research findings.
- Identify and assess own business ideas/opportunities for a new venture.
- Analyse a range of risks associated with a new venture.
Prior learning requirements
Learners accessing this qualification will have demonstrated competence in Computer Literacy, Mathematical Literacy and Communications at NQF level 3 or equivalent.
Enroll on a small business management course, training for small business owners, business class or reserve your seat now on BOTI’s Unit Standard course: Research the viability of new venture ideas/opportunities. BOTI offers business training programmes across South Africa.
Unit standard range
- Evaluation refers to the size and type of market segment, product range, sources of supply, physical facilities, essential services, financial resources, return on investment, staffing needs, technology requirements, legal/regulatory compliance, growth potential.
- Risks include demand, competition, capability to produce/service at an economic and marketable price, level of capital require.
- Failure factors include capital management, credit management, technical ability, market access and size, marketing/selling skills, management capability, business growth, personal life conflict.
Course outcomes
- Analyse a range of risks associated with a new venture.
- Analyse the viability of a selected idea/opportunity against specific screening variables.
- Evaluate new venture ideas/opportunities based on research findings.
- Research the potential of a particular idea/opportunity as a new venture.
- Identify and assess own business ideas/opportunities for a new venture.
Research the viability of new venture ideas/opportunities
SAQA I.D. 66249 NQF Level: NQF Level 04
Unit Standard: 114596
Course duration
3 days
Enroll on a small business management course, training for small business owners, business class or reserve your seat now on BOTI’s Unit Standard course: Research the viability of new venture ideas/opportunities. BOTI offers business training programmes across South Africa.
Who should attend: Research the viability of new venture ideas/opportunities course
This course is aimed at those who wish to expand and improve their business planning skills.
**Quote does not include Any Exam Fees (if applicable)
IMPORTANT ACTION: Do Not Wait To Improve Your Skills.
Book Now By Completing Online Booking Form / Customised Proposal or Obtain Approval For Your Already Received Customised Proposal
BOTI also offers: Produce business plans for a new venture
Plan strategically to improve new venture performance
Negotiate an agreement or deal in an authentic work
Enroll on a small business management course, training for small business owners, business class or reserve your seat now on BOTI’s Unit Standard course: Research the viability of new venture ideas/opportunities. BOTI offers business training programmes across South Africa.
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Duration: 3 day(s)
Delegates: 1
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