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Quick Look Course Summary:Apply the principles of costing and pricing to a business venture
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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 17,953 EX VAT 3 Person R 12,518 EX VAT 10 Person R 8,424 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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Apply the principles of costing and pricing to a business venture
(This Unit Standard course is aligned to: Further Education and Training Certificate: New Venture Creation)
SAQA I.D. 66249 NQF Level: NQF Level 04
Aligned to Unit Standard: 263455
Unit standard credit value: 6
Introduction
BOTI offers small business training programs, training for small business owners and business programs. Book your seat now on BOTI’s Unit Standard course: Apply the principles of costing and pricing to a business venture. BOTI offers business training programmes across South Africa.Â
Course outline
This Unit Standard is for individuals who are required to apply the principles of costing and pricing in determining profit margins for a new venture. The Unit Standard will assist you in determining the future profitability by establishing whether the costs involved will generate sufficient profit to justify the launching of the new venture.
Upon completion of this course you will competently be able to:
- Explain the criteria of a price setting policy for a new venture.
- Analyse internal and external factors that impact upon pricing decisions.
- Demonstrate an understanding of the relationship between costs, revenue and profits.
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Prior learning requirements
It is assumed that the learner has the following knowledge and skills
- Mathematical Literacy at NQF Level 3.
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BOTI offers small business training programs, training for small business owners and business programs. Book your seat now on BOTI’s Unit Standard course: Apply the principles of costing and pricing to a business venture. BOTI offers business training programmes across South Africa.
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Unit standard range
N/A
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Course outcomes
Explain the criteria of a price setting policy for a new venture.
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Apply the principles of costing and pricing to a business venture
SAQA I.D. 66249 NQF Level: NQF Level 04
Aligned to Unit Standard: 263455
Course duration
3 days
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BOTI offers small business training programs, training for small business owners and business programs. Book your seat now on BOTI’s Unit Standard course: Apply the principles of costing and pricing to a business venture. BOTI offers business training programmes across South Africa.
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Who should attend: Apply the principles of costing and pricing to a business venture course
This course is aimed at those who wish to expand and improve their entrepreneurial skills.
**Quote does not include Any Exam Fees (if applicable)
IMPORTANT ACTION: Do Not Wait To Improve Your Skills. Â
Book Now By Completing Online Booking Form / Customised Proposal or Obtain Approval For Your Already Received Customised Proposal
BOTI offers small business training programs, training for small business owners and business programs. Book your seat now on BOTI’s Unit Standard course: Apply the principles of costing and pricing to a business venture. BOTI offers business training programmes across South Africa.Â
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About this course
This course is not accredited. It is delivered as a professional skills programme, and delegates receive a BOTI certificate of attendance.
If you need a credit-bearing outcome for B-BBEE skills development, SETA grant or learnership purposes, please see our accredited qualifications and skills programmes, or read about BOTI accreditations.
Frequently Asked Questions
Is this course accredited?
No. This course is delivered as a practical, facilitator-led skills programme and delegates receive a BOTI certificate of attendance. If you need a credit-bearing outcome for B-BBEE skills development, SETA grant or learnership purposes, ask us about our accredited qualifications, skills programmes and unit standards.
Can this course be delivered in-house at our premises?
Yes. Every BOTI course can be delivered on-site at your offices anywhere in South Africa, or at a scheduled public venue, and can be customised to your team and industry.
How do I book or get a quote?
Use the enquiry form on this page for a tailored quote, or call 011 882 8853 / email [email protected]. The course length and next public course date are shown in the Quick Look summary.
Can this training count towards our B-BBEE scorecard?
Spend on this course still counts as skills development expenditure for B-BBEE purposes, but it does not count as accredited training spend, and the Codes limit how much non-accredited training can contribute. Please confirm the treatment with your skills development facilitator or B-BBEE verification agency.
Do you tailor the training to our industry?
Yes. Our training is built around your business, using practical, real-world examples relevant to your team and sector.
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Duration: 3 day(s)
Delegates: 1
Cost (incl):