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.