Welcome dear Trainees,
This is the right time to test your entrepreneurial skill by engaging one another and share entrepreneurship ideas. In this platform you learn a lot of aspects of daily changes in terms of our market system and enhance you skills development.
Make use of this unique opportunity to be part of dynamic team of progressive forces in terms skills development.
Thank you
In this section you will be able to find procedures on how to draft a business plan.
This unit standard is intended for those who Demonstrate knowledge and skills required to
be a successful entrepreneur. People credited with this unit standard are able to identify
potential business gaps and/or needs in the community; demonstrate an understanding of
the sizes and types of business ownership in Namibia; apply basic costing and pricing skills
to various products or services; demonstrate an understanding of basics of marketing; and
demonstrate an understanding of basic bookkeeping skills.
Apply basic skills to generate a business ideas:
- A business idea is generated using basic research skills.
- A business is generated using brainstorming skills.
- A business idea is generated using screening tools.
- A basic SWOT analysis is conducted o test viability of a generated business idea.
- A business idea is improved through review of the initial idea.
METHODS OF CONDUCTING MARKET RESEARCH
- Internet research
- Crowd Sourcing
- Focus Group
- Studying Your Competitors
- Testing the Market
- Talking to Retailers, Distributors and Suppliers
- Talking to Small Business Consultants or Advisors
- Referring to Industry Associations and Statistics
- Holding Personal and Telephone Interviews with Potential Customers
- Questionnaires
This unit standard specifies the outcomes required to apply basic entrepreneurship skills. it includes knowledge of characteristics of an entrepreneur, basic skills required to generate a business idea, basic market reserach skills, skills to determine costs and prices in a manufacturing business and application of creativity to develop a business identity. this unit standard is standard is intended for people requiring basic entrepreneurship skills required to run a small scale business
Terms entrepreneur and entrepreneurship are defined.
Characteristics and traits of an entrepreneur are described.
The concept 'social entrepreneurship' is described.
It includes basic knowledge of characteristics of an entrepreneur, basic skills required to generate a business idea, basic market research skills, skills to determine costs and prices in a manufacturing business and application of creativity to develop a business identity.
This course is intended for people requiring basic entrepreneurship skills required to run a small scale business.
Purpose:
This unit standard specifies the competencies required to demonstrate knowledge of the requirements of entrepreneurs. It includes demonstrating knowledge of
the requirements of entrepreneurs. This unit standard is recommended for all national Vocational Education and Training programmes and qualifications.
Purpose:
This unit standard specifies the competencies required to demonstrate knowledge of the requirements of entrepreneurs. It includes demonstrating knowledge of
the requirements of entrepreneurs. This unit standard is recommended for all national Vocational Education and Training programmes and qualifications.
Purpose:
This unit standard specifies the competencies required to demonstrate knowledge of the requirements of entrepreneurs. It includes demonstrating knowledge of
the requirements of entrepreneurs. This unit standard is recommended for all national Vocational Education and Training programmes and qualifications.
This is the subject that equips trainees with relevant skills and knowledge to run and operate their businesses successfully.
Trainees will be able to draw up their business plans and assume they can implement fully and per their expectations.
Trainees will be equipped with managerial skills and learn all aspects of running a business.
On completion of this module the participant will be able to:
• Demonstrate understanding of the importance of business development.
• Demonstrate the procedure for identifying business ideas.
• Demonstrate the procedure for generating business ideas.
• Demonstrate the procedure for selecting business
opportunities.