TAP> Business Planning for New Ventures

Course Purpose:

Gathering and analysing relevant information for a business plan, formulating an ethical framework for operational plans in a new venture, establishing and prioritising business, financial, and/or operational goals and objectives, and designing and presenting comprehensive business, financial, and/or marketing plans based on a budget are integral steps in the strategic planning process for a new business venture.

What you’ll learn

This unit standard aims to equip learners with the necessary knowledge and skills to produce business, financial and operations plans for implementing a new venture. It will also address the economic and administrative issues that prevent starting a new venture and contribute to the inability of an entrepreneur to sustain a new venture. The qualifying learner will be able to identify, gather and analyse the relevant information needed to compile a business plan. Formulate an ethical framework for the operational plans of a new venture. Establish and prioritise business, financial and operational goals and objectives for a new venture. Design and present business, financial and marketing plans based on a budget for a new venture.