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New Venture Creation – F.E.T.C

12 Months Accredited Training

Unit Standard: 66249, NQF Level 4 with 149 Credits

Dates: Available on Request

Locations: Johannesburg, South Africa

Platform: Available In-Class

Price: Available on Request

Course Introduction

The purpose of the New Venture Creation – F.E.T.C Qualification is to develop the appropriate skills and knowledge required by a person for the establishment and development of a small to medium business venture, and address the economic, administrative, and behavioural (psycho-social) barriers that contribute to success in starting and sustaining the venture. This qualification is intended for persons who wish to start, operate, manage, and grow a new small to medium business venture. Learners attempting this qualification will be equipped with a variety of technical, business managerial and personal skills and strategies to help them succeed in the creation and sustenance of a business. The successful learner will develop a sound foundation for the application of these skills and knowledge to explore a diverse range of entrepreneurial opportunities.

Learners who attend this qualification will be able to:

  • Demonstrate an ability to identify and create a new venture.

  • Demonstrate knowledge of interpersonal skills required in a business environment.

  • Demonstrate an understanding of basic economics within an market economy.

  • Manage a new venture by applying business principles and techniques.

  • Demonstrate an understanding of the role of leadership and management.

Entry Requirements:

  • Communication at NQF Level 3.

  • Mathematical Literacy at NQF Level 3.

Course Objectives

  • Demonstrate an ability to identify and create a new venture.

  • Demonstrate knowledge of interpersonal skills required in a business environment.

  • Demonstrate an understanding of basic economics within a market economy.

  • Manage a new venture by applying business principles and techniques.

  • Demonstrate an understanding of the role of leadership and management.

Who should attend?

This Qualification will meet the needs of the formal and in-formal Small, Micro and Medium Enterprise Sector by providing training standards against which entrepreneurs can be trained. This Qualification meets the needs of society by, primarily, providing persons who can apply the fairly complex knowledge and skills required to be an entrepreneur and thus contribute to the economic upliftment of themselves, their community and thereby the nation as a whole. Alternatively, this Qualification is also attractive to persons who have not received formal training in this Sector but who are already managing and/or are working as employees within an established Small, Micro and Medium Enterprise business.

Training methodology

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Modules Covered:

  • Module 1: Entrepreneurial Studies

  • Module 2: Strategic Business Planning

  • Module 3: Financial Management in Business

  • Module 4: Advancing Business Development

  • Module 5: Effective Business Administration

  • Module 6: Enhancing Negotiation Skills

  • Module 7: Legislation in Human Resource Management

         Elective Modules

  • Module 8: Building Effective Teams

  • Module 9: Fundamental Computer Skills

  • Module 10: Efficient Tendering Strategies

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