SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Mobilise resources for a new venture 
SAQA US ID UNIT STANDARD TITLE
114590  Mobilise resources for a new venture 
ORIGINATOR
SGB Generic Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Generic Management 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular-Fundamental  Level 4  NQF Level 04  4 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for people who have to ensure that resources are utilised effectively in a small business venture. The learner will also be able to identify opportunities to improve the effectiveness of resources.

The qualifying learner will be able to:
  • Identify and utilise available resources.
  • Evaluate the resources contribution to effective business performance.
  • Seek and use professional advice to supplement competencies. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this Unit Standard should be competent in Mathematical Literacy and Communications at NQF Level 3. 

    UNIT STANDARD RANGE 
    The following elements are included but are not limited to:
  • Objectives: requirements of the business, short term objectives, long term objectives, realistic time frames, milestones and targets, measurable outcomes.
  • Advisors: lawyers, accountants, specialist consultants and business counsellors.
  • Fees: up-front costs, tax allowances, cost benefits. 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify and utilise available resources. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The resources available to own venture are identified and explained in terms of the role each will play in the business venture. 

    ASSESSMENT CRITERION 2 
    Different institutional sources of expertise are identified relevant to the venture. 

    ASSESSMENT CRITERION 3 
    Conditions, procedures, costs and information required to access resources are investigated to determine whether or not they are affordable. 

    ASSESSMENT CRITERION 4 
    Application forms are completed and relevant documents are prepared to access the relevant resources. 

    SPECIFIC OUTCOME 2 
    Evaluate the contribution of resources to effective business performance. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Potential performance of resources is evaluated against stated business objectives. 

    ASSESSMENT CRITERION 2 
    Actual contribution of resources to achievement of business objectives is evaluated against stated business objectives. 

    ASSESSMENT CRITERION 3 
    Alternative resources to ineffective or inefficient resources are evaluated for practicality, cost and desired outcome. 

    ASSESSMENT CRITERION 4 
    Criteria for evaluation of improvement are identified as per objectives. 

    SPECIFIC OUTCOME 3 
    Seek and utilize professional advice to supplement competencies. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The resource areas where advice is required are identified and the objectives described for intervention. 

    ASSESSMENT CRITERION 2 
    Available professional advice is identified and categorised according to specific requirements of own venture. 

    ASSESSMENT CRITERION 3 
    The brief for the professional advice is specified according to desired outcomes of own business. 

    ASSESSMENT CRITERION 4 
    Records of the advice given are recorded and kept for future reference. 

    ASSESSMENT CRITERION 5 
    Professional fees are negotiated in line with best business practices. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • This Unit Standard will be assessed by an assessor and moderated by a moderator, registered with the relevant accredited ETQA responsible for the quality assurance of this Unit Standard.
  • Any institution offering learning that will enable achievement of this Unit Standard must be accredited as a provider through the appropriate quality assuring ETQA, or Learning Programme approval with an ETQA that has a Memorandum of Understanding with the quality assuring ETQA.
  • Verification (external moderation) of assessment and moderation by the provider, will be conducted by the relevant quality assuring ETQA according to the moderation guidelines in the relevant Qualification and the agreed ETQA policy and procedures.
  • An individual wishing to be assessed through RPL against this Unit Standard, may apply to an assessment agency or provider institution accredited by the relevant quality assuring ETQA, or by an ETQA that has a formal agreement/accreditation with the relevant quality assuring ETQA. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Relevant resources: Financial, Technological, Business, Human, Industry Related Expertise, Safety and Security, Legal, etc.
  • An ability to conduct a SWOT analysis.
  • The ability to compile a personal action plan and an organisational action plan.
  • A sound understanding of negotiation skills. 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made in the process of applying operational practices for new venture resources. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organisation to ensure the successful mobilisation of resources. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information pertaining to the application of resources in a new venture. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively when mobilising resources and for collecting, analysing and storing data related to the application and mobilisation of resources. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems by recognising that the successful mobilisation does not happen in isolation and requires constant input from the new venture. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  23953   Further Education and Training Certificate: New Venture Creation (SMME)  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2009-05-13  Was SERVICES until Last Date for Achievement 
    Core  20884   National Certificate: New Venture Creation (SMME)  Level 4  NQF Level 04  Passed the End Date -
    Status was "Registered"     		 2005-04-10   
    Elective  58143   National Certificate: Music Industry Practice  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  CATHSSETA 
    Elective  58761   Further Education and Training Certificate: Early Childhood Development  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  ETDP SETA 
    Elective  65029   Further Education and Training Certificate: Music  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  CATHSSETA 
    Elective  58394   National Certificate: Film and Television Production  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  MICTS 
    Elective  65050   National Certificate: Music  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  CATHSSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. BLC Entertainment 
    2. Damelin Correspondence College (Pty) Ltd 
    3. EYETHU NATIONAL COMPUTER COLLEGE PTY LTD 
    4. Frayintermedia Cc 
    5. FUTURE DISCOVERY TRAINING ACADEMY 
    6. PRX SCHOOL TEST 
    7. Richfield Graduate Institute of Technology Pty Ltd 
    8. WESTERN COLLEGE FOR FURTHER EDUCATION AND TRAINING 
    9. ZA WIT (PTY) LTD 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.