
Occupational Skills Programme: New Venture Creation
A QCTO skills programme that gives you the knowledge and skills to set up and run a small new business.
- Type
- Skills Programme
- NQF level
- 2
- Credits
- 32
- QCTO SP ID
- SP-210401
- Duration
- 15 days (provider-stated)
Programme overview
A QCTO skills programme that gives you the knowledge and skills to set up and run a small new business.
Who should enrol
- Aspiring entrepreneurs and small business owners
- Unemployed youth exploring self-employment
- Community enterprise and co-operative members
Programme purpose
The purpose of the skills programme is to provide learners with the knowledge and skills required to set up and run a small new business.
Learning Outcomes
After completing this programme, you should be able to:
- Identify and formulate achievable business ideas by collecting, organising and reporting information clearly and accurately.
- Identify marketing, financial and business operational requirements, applying personal values and ethical communication.
- Explain the importance of marketing and customer service for successful business operations.
- Identify and explain basic financial principles for running a new venture.
- Develop a basic business plan covering business profile, marketing strategy, SWOT analysis, location and equipment, personnel, customers and financial requirements.
Modules and Curriculum Structure
Knowledge modules (19 credits)
Module 1Introduction to entrepreneurship
Topics covered
- Being an entrepreneur
- Knowing yourself
- Knowing your industry
Module 2Developing a new business idea
Topics covered
- Innovation
- Business planning
- SMART goals
Module 3Business plan, marketing and customer services
Topics covered
- The business plan
- Identifying market opportunities
- Customer service
- Marketing
Module 4Basic financial management
Topics covered
- Financial and cash flow management
- Basic business financial statements
- Pricing of goods and services
Module 5Ethical communication and negotiation
Topics covered
- Ethical communication in business
- Negotiation
Practical skill modules (13 credits)
Module 6Explore opportunities for a new business
Topics covered
- Conduct a basic self-assessment
- Develop a business concept/idea
Module 7Determine costing, pricing and conduct basic bookkeeping
Topics covered
- Determine pricing and costing
- Determine profit and loss for a business
- Prepare daily bookkeeping entries
Module 8Prepare a basic business plan
Topics covered
- Develop a basic business plan
Topics are taken from the official QCTO curriculum document. Knowledge modules may be delivered face-to-face or blended.
Entry requirements
- NQF Level 1 qualification
- RPL for access is available
NQF level and credits
NQF Level 2, 32 credits
Duration and study mode
Duration: 15 days (provider-stated)
Study mode: To be confirmed. Please contact us.
Practical learning and assessment
Practical skill modules cover self-assessment, developing a business concept, costing and bookkeeping, and preparing a basic business plan.
Assessment
- Internal assessment by the skills development provider.
- Final Integrated Summative Assessment (FISA). The Assessment Quality Partner is the Services SETA.
Accreditation and endorsement
QCTO accreditation 05-QCTO/SDP170325141451, valid 14 March 2025 to 13 March 2030.
Certification
QCTO certificate for the skills programme on successful completion of the FISA.
Career opportunities and progression
- Self-employment as a small business owner (OFO 134903 Small Business Manager)
- Entrepreneur
Fees and intake dates
To be confirmed. Please contact us. Ask about fees and the next intake.
Frequently asked questions
Is a skills programme a full qualification?
No. A skills programme is a smaller, credit-bearing programme. Its credits can count towards a related full or part qualification under the QCTO Credit Accumulation and Transfer policy.
Can I get credit for my experience (RPL)?
Yes. Recognition of Prior Learning may be used for access and for module exemption, as provided for in the QCTO RPL policy.
- QCTO skills programme curriculum document: New Venture Creation (SP-210401)
- QCTO accreditation letter 05-QCTO/SDP170325141451
Ready to grow your future?
Talk to our team about enrolment, learnerships, or training for your organisation.