TAP> Financial Planning for New Ventures

Course Purpose

Assessing the financial and cash flow needs of a new venture, determining income and expenditure, implementing pricing and costing principles, and identifying resources for obtaining start-up capital are essential steps in planning and managing the financial aspects of a new business endeavor.

What you’ll learn

Learners working towards this standard will be learning towards the full qualification, or will be working within a SMME (Small, Medium, Micro Enterprise) environment, specialising in New Venture Ownership and Management, where the acquisition of competence against this standard will add value to one’s job. This standard will also add value to entrepreneurs who are seeking to develop their entrepreneurial skills so that they can become more marketable for bigger contracts, including commercial and public sector contracts, for example the Department of Public Works programmes.