Unlock your entrepreneurial potential with our comprehensive New Venture Creation skills program designed for both aspiring and existing entrepreneurs. Seize opportunities to start and grow sustainable businesses that thrive in the mainstream economy. Our New Venture Creation program equips you with the essential skills to run a small business successfully, whether in the public or private sectors.
By the end of our New Venture Creation program, you will gain the capability to:
Collect and assess industry-related information.
Identify market needs crucial for promoting and selling products and services.
Assess and manage financial, personnel, and infrastructure needs.
Supervise the financial, personnel, and infrastructure aspects of your company.
Develop strategic plans to initiate your business.
Coordinate and execute efficient business operations.
Join our New Venture Creation program today and transform your entrepreneurial dreams into reality. With our expert guidance, you’ll have everything you need to initiate, oversee, expand, and maintain a thriving small enterprise. Don’t wait—start building your successful business future now!
Grade 9/Level 1
15 Days (5 Days In-Class or Online, 10 Days Practical and Assessment)
Ongoing Evaluation:
Every subject includes integrated multiple-choice queries for internal formative evaluations. Achieving a passing grade on the formative assessment is necessary to progress to the subsequent subject. Assessments can be administered manually or through e-assessment.
Monitored Evaluation:
Participants must create a project plan showcasing comprehension of all covered modules. This plan will double as a business strategy for either launching a new business venture or expanding an existing micro-enterprise. Assessments can be conducted manually or through e-assessment.
In addition to successfully completing the Programmes listed above, a Final Integrated Summative Assessment (FISA) is required for the Qualification.
Individuals who aspire to launch a new enterprise and those aiming to enhance, solidify, and grow their current small businesses.
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.
Knowledge component
| Topic | No of Days |
|---|---|
|
Topic 1: Entrepreneurship |
5 |
|
Topic 2: Self-awareness |
5 |
|
Topic 3: Industry knowledge |
5 |
|
Topic 4: Recognizing market opportunities |
5 |
|
Topic 5: Creativity and originality |
5 |
|
Topic 6: Client satisfaction |
5 |
|
Topic 7: Financial and cash management |
5 |
|
Topic 8: Fundamental business financial records |
5 |
|
Topic 9: Determining product and service prices |
5 |
|
Topic 10: Promotional strategies |
5 |
|
Topic 11: Specific, Measurable, Achievable, Relevant, and Time-bound objectives |
5 |
|
Topic 12: Strategic business development |
5 |
Topic 1: Entrepreneurship
Definition: Involves starting and running your own business venture.
Components: Identifying market opportunities, developing ideas, creating a business plan, securing funding, and executing the vision.
Topic 2: Self-awareness
Importance: Understanding thoughts, emotions, motivations, strengths, weaknesses, and values.
Benefits: Leads to personal growth, better decision-making, and improved relationships.
Methods: Introspection, self-reflection, mindfulness, therapy, and feedback.
Topic 3: Industry Knowledge
Crucial for Success: Understanding the industry is key to business success.
Ongoing Process: Requires dedication, curiosity, and staying informed about developments.
Topic 4: Recognizing Market Opportunities
Definition: Identifying potential sales leads that could benefit from your product or service.
Importance: Foundational for driving sales and business growth.
Topic 5: Creativity and Originality
Innovation: Creating and implementing new ideas, methods, or products.
Benefits: Leads to improved efficiency, competitiveness, and value creation.
Importance: Critical for success and differentiation in a competitive landscape.
Topic 6: Client Satisfaction
Customer Service: Essential for interacting with customers and ensuring satisfaction.
Role: Builds strong relationships, enhances reputation, and drives growth.
Topic 7: Financial and Cash Management
Importance: Key for ensuring financial stability and achieving goals.
Practices: Optimize inflow and outflow of funds to meet obligations and maintain stability.
Topic 8: Fundamental Business Financial Records
Financial Statements: Provide a snapshot of financial performance and position.
Purpose: Assess financial health and make informed business decisions.
Topic 9: Determining Product and Service Prices
Pricing Strategy: Crucial for business strategy and success.
Factors: Includes production costs, competition, demand, perceived value, and trends.
Topic 10: Promotional Strategies
Financial Statements: Provide a snapshot of financial performance and position.
Purpose: Assess financial health and make informed business decisions.
Topic 11: Specific, Measurable, Achievable, Relevant, and Time-bound Objectives
SMART Goals: Framework for setting clear and actionable objectives.
Benefits: Ensures goals are well-defined and achievable.
Topic 12: Strategic Business Development
Business Planning: Outlines goals, strategies, and tactics for success.
Use: Serves as a roadmap for business success, guiding decisions and measuring progress.
| Topic | No of Days |
|---|---|
|
Foundational financial computations. |
10 days of Applying the learnt component and completing Assessments |
|
Marketing Initiative |
|
|
Promotional campaign planning |
|
|
Customer Support |
|
|
Customer Support |
|
|
Client assistance and service |
is a Training and Consulting Services Provider
@ Prospen Africa Pty (Ltd) 2023. All rights reserved.
Developed by ProspenTech
