Level 3

This course consists of two unit standards namely;

• UNIT ID 733- Identify, create and select business opportunities

Purpose

This unit standard specifies the competencies required to identify, create and select business opportunities. This includes demonstrating understanding of the importance of business development; generating business ideas; and selecting business opportunities.

• UNIT ID 734-

Purpose

This unit standard specifies the competencies required to develop a business plan as part of business start up activities. This includes identifying rationale for proposed business; developing a marketing strategy; a production strategy; an organisational strategy; and a financial strategy as part of a business plan; and developing an operational action plan for the business. This unit standard is recommended for all national Vocational Education and Training programmes and qualifications.