Qualification Title: National Certificate: NewVenture Creation (SMME)

SAQA I.D. 49648
NQF Level: NQF Level 02
Credits: 138

This is an accredited course

Course duration:  24 contact days over 12 months

Learn about entrepreneurship in south africa, develop your entrepreneurial new venture skills with a new venture creation level 2 qualification.  Enrol now on BOTI’s New Venture Creation Basics Course (SMME).  BOTI offers business training programmes across South Africa.

“Businesses great and small”

What you will learn

BOTI’s New Venture Creation Basics Course (SMME) course is designed for those with an entrepreneurial thirst and forms the basis for structured programmes for potential and existing entrepreneurs to capitalize on opportunities to start and grown sustainable businesses that form part of the mainstream economy.

The future of South Africa’s economy does not only lie in the formal sector, but also within the informal SMME sector and is a growing part of South Africa’s economy that requires substantial focus from a developmental perspective.

Course outcomes

Upon completion of this course you will be able to effectively:

• Understand and apply basic business ethics in a work environment
• Understand and apply the basic skills of customer service
• Behave in a professional manner in the business environment
• Determine the financial requirements of a new venture
• Identify as well as demonstrate entrepreneurial ideas and opportunities

Learn about entrepreneurship in south africa, develop your entrepreneurial new venture skills with a new venture creation level 2 qualification.  Enrol now on BOTI’s New Venture Creation Basics Course (SMME)

• Identify the composition of a selected new venture’s industry and sector and its procurement systems
• Manage business operations
• Manage the finances for a new venture
• Manage the marketing and selling processes of a new venture
• Match new venture opportunity to market needs
• Develop and produce a business plan for a new venture
• Access and use information from written text

Learn about entrepreneurship in south africa, develop your entrepreneurial new venture skills with a new venture creation level 2 qualification.  Enrol now on BOTI’s New Venture Creation Basics Course (SMME)

BOTI offers business training programmes across South Africa.

• Apply basic knowledge of statistics and probability to influence the use of data and procedures in order to investigate life-related problems
• Demonstrate an understanding of rational and irrational numbers and number systems
• Identify, describe, compare, classify, explore shape and motion in 2-and 3- dimensional shapes within different contexts
• Maintain and adapt oral communication
• Use correct language and communication in occupational learning programmes
• Apply mathematics to investigate and monitor the financial aspects of personal and community life

Learn about entrepreneurship in south africa, develop your entrepreneurial new venture skills with a new venture creation level 2 qualification.  Enrol now on BOTI’s New Venture Creation Basics Course (SMME)

• Work with a range of patterns and functions and solve problems
• Write for a defined context
• Investigate the structure of an organization as a workplace
• Operate and take care of equipment in an office environment
• Apply knowledge of self and team in order to develop a plan to enhance team performance
• Co-ordinate meetings, minor events and travel arrangements
• Plan and prepare meeting communications
• Demonstrate knowledge and understanding of HIV/AIDS in a workplace, and its effects on a business sub-sector, one’s own organisation and a specific workplace
• Tender for business or work in a selected new venture

Learn about entrepreneurship in south africa, develop your entrepreneurial new venture skills with a new venture creation level 2 qualification.  Enrol now on BOTI’s New Venture Creation Basics Course (SMME)

Who is this course suitable for?

This course is designed for potential and aspiring entrepreneurs and is suitable  for those who intend to set up or have already set up their own ventures.

Title	Details
Apply basic business ethics in a work environment	113924, Core, Level 2, NQF Level 02, Cr 2
Apply the basic skills of customer service	114974, Core, Level 2, NQF Level 02, Cr 2
Behave in a professional manner in a business environment	114959, Core, Level 2, NQF Level 02, Cr 4
Determine financial requirements of a new venture	119666, Core, Level 2, NQF Level 02, Cr 8
Identify and demonstrate entrepreneurial ideas and opportunities	119673, Core, Level 2, NQF Level 02, Cr 7
Identify the composition of a selected new venture's industry/sector and its procurement systems	119667, Core, Level 2, NQF Level 02, Cr 8
Manage business operations	119668, Core, Level 2, NQF Level 02, Cr 8
Manage finances for a new venture	119674, Core, Level 2, NQF Level 02, Cr 10
Manage marketing and selling processes of a new venture	119672, Core, Level 2, NQF Level 02, Cr 7
Match new venture opportunity to market needs	119669, Core, Level 2, NQF Level 02, Cr 6
Produce a business plan for a new venture	119670, Core, Level 2, NQF Level 02, Cr 8
Access and use information from texts	8963, Fundamental, Level 2, NQF Level 02, Cr 5
Apply basic knowledge of statistics and probability to influence the use of data and procedures in order to investigate life related problems	9009, Fundamental, Level 2, NQF Level 02, Cr 3
Demonstrate understanding of rational and irrational numbers and number systems	7480, Fundamental, Level 2, NQF Level 02, Cr 3
Identify, describe, compare, classify, explore shape and motion in 2-and 3-dimensional shapes in different contexts	9008, Fundamental, Level 2, NQF Level 02, Cr 3
Maintain and adapt oral communication	8962, Fundamental, Level 2, NQF Level 02, Cr 5
Use language and communication in occupational learning programmes	8967, Fundamental, Level 2, NQF Level 02, Cr 5
Use mathematics to investigate and monitor the financial aspects of personal and community life	7469, Fundamental, Level 2, NQF Level 02, Cr 2
Work with a range of patterns and functions and solve problems	9007, Fundamental, Level 2, NQF Level 02, Cr 5
Write for a defined context	8964, Fundamental, Level 2, NQF Level 02, Cr 5
Operate and take care of equipment in an office environment	114976, Elective, Level 2, NQF Level 02, Cr 2
Administer contracts for a selected new venture	119671, Elective, Level 3, NQF Level 03, Cr 10
Apply knowledge of self and team in order to develop a plan to enhance team performance	13912, Elective, Level 3, NQF Level 03, Cr 5
Co-ordinate meetings, minor events and travel arrangements	13929, Elective, Level 3, NQF Level 03, Cr 3
Demonstrate knowledge and understanding of HIV/AIDS in a workplace, and its effects on a business sub-sector, own organisation and a specific workplace	13915, Elective, Level 3, NQF Level 03, Cr 4
Plan and prepare meeting communications	13934, Elective, Level 3, NQF Level 03, Cr 4
Tender for business or work in a selected new venture	119712, Elective, Level 3, NQF Level 03, Cr 8

Other Possible Advantage of Registering a Learnership

The above qualifications, not automatically but subject to further requirements, can be registered as a “Learnership” (a workplace-based practical qualifications).

Tax Incentives

If the above qualification is registered as a learnership (see link for various requirements), the employer can claim a tax allowance of R40,000 (R60,000 for disability) per year . The employer can claim a R40,000 “completion allowance” for NQF level 1-6 (R60,000 for disability).

BBBEE Incentives

By implementing Learnerships you can contribute to gaining up to 8 BBBEE points (4 points for meeting the employee and unemployed learner requirements), plus an additional 5 bonus points for employing successful Learnership graduates (if applicable). Ensure you meet your Total Spend and Disabled Learner Spend targets, and earn 25/20 points for your Skills Development Criteria.

ETI

Try the Employment Tax Incentive. Ensure your learners are between the ages of 18-35 and they qualify you for up to 50% rebate on paid wages (limited to wages of no more than R 6 000 per month) through your monthly PAYE returns. If you pay your new learner R 2 000 per month (recommended minimum), you get R 1 000 back – per month

Skills Development Levy

The remuneration iro of the salaries of a learner will be exempt from Skills Development Levies.

Grant Funding

Learnerships are one of the easiest ways to attract funding, whether through SETA funding or other government-sponsored projects, funding for the costs incurred, are available to your organisation.