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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 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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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.
Frequently Asked Questions
Is this course accredited?
BOTI offers a mix of SETA-accredited, internationally-certified (VMEdu) and non-accredited skills-programme courses. Please confirm a specific course's accreditation status with us when you enquire. All delegates receive a certificate of completion.
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?
Yes - skills development training can contribute to your B-BBEE scorecard, and where learnerships apply you may also access SETA grants and the Section 12H tax allowance. Ask us how to structure it for maximum points.
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.