SAQA REGISTRATION

SAQA US ID UNIT STANDARD TITLE

114592 Produce business plans for a new venture

LAST DATE FOR ENROLMENT

2026-06-30

EXPIRY

The certificate cannot expire

DURATION

Zoom – 2 1/2 days online, connect with a Facilitator certain days online.

Elearning – learning is always online and you can start and pause at any time. Mostly you will watch videos in your own time. Completion, part-time doing assignment every evening this course should take you 5 to 7 days.

CERTIFICATE | SETA STATEMENT OF RESULTS

TrainYouCan continuously requests verifications with the ETDP SETA. The duration all depending on the availability of the ETDP SETA staff that can range from 6 week to 4 months.

ABOUT THIS COURSE

TRAINYOUCAN (ETDP SETA) Accredited Training Network and its members is committed to follow all the ETQA requirements as stipulated by SAQA. 

This Unit Standard has as its core purpose to equip learners with the necessary knowledge and skills to produce business, financial and/or operations plans for implementing a new venture. It will also address the economic and administrative issues that prevent the starting of a new venture and contribute to the inability of an entrepreneur to sustain a new venture

The qualifying learner will be able to:

1. Identify, gather and analyse the relevant information needed to compile a business plan.
2. Formulate an ethical framework for the operational plans of a new venture.
3. Establish and prioritise business, financial and/or operational goals and objectives for a new venture.
4. Design and present business, financial and/or marketing plans based on a budget for a new venture.

COURSE SUMMARY

In particular, people credited with this unit standard are able to:

1. Identify and solve problems that could arise if business plan.
2. Collect, analyse, organise and critically evaluate information needed to compile a business plan.
3. Communicate effectively so procedures are completed as set out by the business plan of the new venture.
4. Use science and technology to collect and analyse the data to be used in the plans for a new venture.
5. Demonstrate an understanding of the world as a set of related systems by recognising that planning takes place within a broader context when establishing a new venture.
6. Participate as a responsible citizen in the life of local, national and global communities, by beginning to understand the responsibilities and implications of creating a new venture.

Note: Any person who wants to offer their services as an accredited individual, company or a training provider can only do so with a valid SOR (Statement of Results) from the ETDP SETA. No other document/certificate can be used, even if it reflects the same unit standard.

ENROLLMENT REQUIREMENTS

• Learners accessing this qualification will be competent in Computer Literacy, Mathematical Literacy and Communications and NQF level 3 or equivalent.

Basically, you must be able to read and write in English!

BOOKINGS

CURRENTLY, WE ARE FULLY ONLY WITH ELEARNING AND ZOOM ONLY!

BOOKINGS: Book online through our booking site www.coursesdirect.co.za here.

BONUS DISCUSSIONS

BONUS DISCUSSIONS AND HANDOUTS DURING THIS COURSE

As a valued customer the following is included as standard practices in TRAINYOUCAN induction of accredited course, namely:

1. Detailed induction of the SETA, SAQA, NQF and Credits.
2. Detailed explanation on the types of accreditation found, namely individual, training provider and programme accreditation.
3. Difference between unit standards and qualifications with detailed explanation.
4. FREE templates and resources on this topic, ready to be downloaded to use from our members forum.
5. FREE resources on compiling your personal CV and registration with the SETA for Assessors and Moderators.
6. Learners will create during the contact session their own Training Checklist, Training Venue Checklist and Training Evaluation, ready to be used in the workplace.
7. Two complete learning programmes, namely “Fire Fighting” will be provided to each learner in the class to assist them with their presentations. We provide you will all the documents and templates required.

JOB OPPORTUNITIES

• Knowing how to start and register your own company in South Africa offers numerous benefits, especially if you’re planning to establish a business or become an entrepreneur. Understanding the process not only helps you comply with legal requirements but also positions your business for growth and sustainability. Here are some of the key benefits:
  

  1. Legal Protection and Limited Liability

  • Benefit: Registering your business as a private company (Pty Ltd) separates your personal assets from your business liabilities. This means that in the event of business failure or debt, your personal assets are protected, and only the company’s assets can be used to settle business obligations.
  • Why it Matters: This limited liability protection provides peace of mind, allowing you to take calculated risks without fear of losing personal property due to business challenges.

  2. Access to Funding and Investment

  • Benefit: Registered businesses, especially companies, have easier access to funding opportunities such as bank loans, venture capital, government grants, and investor capital. Many investors and financial institutions prefer to deal with registered companies, as it shows professionalism and legal structure.
  • Why it Matters: If you plan to grow your business or need startup capital, having a registered company can increase your chances of securing the financial support you need.

  3. Tax Benefits and Incentives

  • Benefit: As a registered company, you can take advantage of certain tax benefits, including deductions for business expenses, VAT refunds (if you’re VAT registered), and specific incentives for small businesses such as the Small Business Corporation (SBC) tax rates.
  • Why it Matters: Proper tax management can save your business money and increase profitability. In some cases, government tax breaks are available for businesses that create jobs or operate in particular sectors, such as manufacturing or technology.

  4. Credibility and Professionalism

  • Benefit: A registered company enhances your credibility and professionalism in the eyes of customers, suppliers, and potential business partners. It shows that you are serious about your business and that you comply with local regulations.
  • Why it Matters: Customers and business partners are more likely to trust and engage with a registered entity. It can open up opportunities for larger contracts and partnerships, particularly with corporate clients or government entities.

  5. Eligibility for Government Contracts and Tenders

  • Benefit: Many government departments, agencies, and large corporations require businesses to be registered and compliant with the Companies and Intellectual Property Commission (CIPC) to qualify for tenders and contracts. Registered companies are also eligible to register on the National Treasury’s Central Supplier Database (CSD).
  • Why it Matters: Government contracts and tenders can be highly lucrative and provide significant business growth opportunities. Being registered increases your chances of winning these contracts.

  6. Business Name Protection

  • Benefit: When you register your business with CIPC, your business name is legally protected, meaning no other company in South Africa can register the same name.
  • Why it Matters: This ensures that your brand identity is protected from misuse by competitors, and it helps build a unique presence in the market.

  7. Business Continuity and Succession

  • Benefit: Registered companies can exist beyond the lifetime of their founders or directors. This means that the company can continue operating even if the owners or directors change, providing continuity and potential for long-term growth and sustainability.
  • Why it Matters: If you plan to build a business that can outlast you, registration ensures that your company is a separate legal entity that can be transferred, sold, or inherited.

  8. Compliance with Legal Requirements

  • Benefit: Registering your business ensures that you comply with the law, avoiding fines or penalties for operating illegally. This includes compliance with tax laws, labour laws, and industry-specific regulations.
  • Why it Matters: Compliance is crucial for avoiding legal complications and maintaining good standing with regulatory authorities, which helps keep your business operational without interruptions.

  9. Access to Supplier and Partner Networks

  • Benefit: Many suppliers and business partners require you to be a registered entity before entering into agreements. Being a registered company also enables you to open business accounts, apply for trade credit, and establish partnerships.
  • Why it Matters: Having access to reliable suppliers, credit facilities, and partnership opportunities can enhance your business operations and improve profitability.

  10. Growth and Expansion Opportunities

  • Benefit: A registered company is better positioned for expansion. You can more easily attract investment, franchise your business, or expand into new markets domestically or internationally when your business is legally recognized.
  • Why it Matters: If you have long-term growth plans, registering your company is a crucial first step toward scaling your business.

  11. Employment and Job Creation

  • Benefit: Registering your company enables you to legally hire employees, contributing to job creation and allowing you to grow your business by building a capable team.
  • Why it Matters: Being able to hire and manage employees legally is key to scaling operations and ensuring your business can handle larger projects and clients.

  12. Better Record Keeping and Financial Management

  • Benefit: Registering your company and complying with financial regulations encourages better record-keeping, financial reporting, and transparency. This helps you track your business’s financial performance, file taxes correctly, and present accurate financial statements to stakeholders.
  • Why it Matters: Proper financial management is essential for business growth, securing funding, and avoiding penalties from tax authorities.

  13. International Business Opportunities

  • Benefit: Registered businesses are better equipped to enter into international trade or partnerships. If you plan to expand globally, being registered allows you to comply with international standards and open international bank accounts, sign contracts, and attract international clients or investors.
  • Why it Matters: Global markets provide significant opportunities for business growth, and having a formal, registered company is essential for navigating international business requirements.

  14. Personal and Business Credit Separation

  • Benefit: By registering your company, you separate your personal and business credit. This allows the business to establish its own credit history, access business loans, and avoid affecting your personal credit score if the business takes on debt.
  • Why it Matters: Separating personal and business credit is essential for maintaining financial health and ensuring personal finances are not jeopardized by business liabilities.

  15. Networking and Professional Memberships

  • Benefit: A registered company is often required to join industry associations, professional networks, and chambers of commerce. These memberships provide access to networking opportunities, industry insights, and professional development resources.
  • Why it Matters: Being part of a professional network can lead to partnerships, business opportunities, and increased visibility in your industry.

  Conclusion

  Understanding how to start and register your own company in South Africa provides numerous benefits, from legal protection and access to funding, to credibility and growth opportunities. It is a critical step for anyone looking to formalize their business operations, access larger markets, and build a sustainable enterprise. By ensuring your company is legally recognized, you are setting the foundation for long-term success, expansion, and financial stability.