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Quick Look Course Summary:Research the viability of new venture ideas/opportunities
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  • Length: 3 day(s)

  • Price (at your venue): 1 Person R 15,365.00 EX VAT 3 Person R 9,344.72 EX VAT 10 Person R 6,014.09 EX VAT

  • Certification Type:Non-Accredited

  • 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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