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:

Identify and discuss different types of business and their legal implications

SAQA US ID	UNIT STANDARD TITLE
13994	Identify and discuss different types of business and their legal implications
ORIGINATOR
Interim SGB for Business, Commerce, Mgmnt Studies
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
ABET Level 4	Regular	Level 1	NQF Level 01	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

A candidate credited with this general competence will be able to: identify, discuss types of business, procedures to start a business and their legal implications.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

ABET Level 3

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Identify, discuss and compare types of business.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Different types of business are explained.

ASSESSMENT CRITERION RANGE

Service, Trading, Manufacturing, etc.
Sole Trader; Partnership; Close Corporation; Co-operatives; Companies etc.

ASSESSMENT CRITERION 2

2. Different types of business are compared.

ASSESSMENT CRITERION RANGE

Characteristics of each type

ASSESSMENT CRITERION 3

3. Reasons for deciding on a particular type of business are discussed.

ASSESSMENT CRITERION RANGE

Advantages and disadvantages of each type

SPECIFIC OUTCOME 2

Discuss procedures and essentials in starting a business.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Factors to consider in starting a business are explored.

ASSESSMENT CRITERION RANGE

Identify target group, type, location, competition, etc.

ASSESSMENT CRITERION 2

2. Procedures in starting a business are explained.

ASSESSMENT CRITERION RANGE

Registration of business, opening of banking account, etc.

ASSESSMENT CRITERION 3

3. Sources of finances are investigated.

ASSESSMENT CRITERION RANGE

Own source, financial institutions etc.

ASSESSMENT CRITERION 4

4. Factors to be considered when taking over an existing business are explained.

ASSESSMENT CRITERION RANGE

Reason for sale of business, goodwill, financial condition, share of the market, etc.

SPECIFIC OUTCOME 3

Identify, discuss and explain, the legal implications of types of business.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The concept legal implication is explained.

ASSESSMENT CRITERION 2

2. Legal implications in formation of business are discussed.

ASSESSMENT CRITERION RANGE

Formation of sole trader, partnership, close corporation etc.
Registration, capital contributions etc.

ASSESSMENT CRITERION 3

3. Legal implications concerning dissolvement of business are discussed.

ASSESSMENT CRITERION RANGE

Legal implications for sole trader, partnership, etc.;
Taxation, debts, profits, assets etc.

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE

Labour laws.

UNIT STANDARD DEVELOPMENTAL OUTCOME

1. Reflecting on and exploring a variety of strategies to learn more effectively;
2. Participating as responsible citizens in the life of local, national and global communities;
3. Being culturally and aesthetically sensitive across a range of social contexts;
4. Exploring education and career opportunities; and
5. Developing entrepreneurial opportunities.

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.

UNIT STANDARD CCFO WORKING

Work effectively with others as a member of a team, group, organisation and community.

UNIT STANDARD CCFO ORGANISING

Organise and manage oneself and one`s activities responsibly and effectively.

UNIT STANDARD CCFO COLLECTING

Collect, analyse, organise and critically evaluate information.

UNIT STANDARD CCFO COMMUNICATING

Communicate effectively using visual, mathematical and/or language skills in the modes of oral and/or written presentation.

UNIT STANDARD CCFO SCIENCE

Use science and technology effectively and critically, showing responsibility towards the environments and health of others.

UNIT STANDARD CCFO DEMONSTRATING

Demonstrate an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation.

REREGISTRATION HISTORY

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

QUALIFICATIONS UTILISING THIS UNIT STANDARD:

	ID	QUALIFICATION TITLE	PRE-2009 NQF LEVEL	NQF LEVEL	STATUS	END DATE	PRIMARY OR DELEGATED QA FUNCTIONARY
Core	24153	General Education and Training Certificate: Adult Basic Education and Training	Level 1	NQF Level 01	Passed the End Date - Status was "Reregistered"	2008-09-13	Was ETDP SETA until Last Date for Achievement
Core	61755	General Education and Training Certificate: Business Practice	Level 1	NQF Level 01	Passed the End Date - Status was "Reregistered"	2023-06-30	SERVICES
Core	35953	General Education and Training Certificate: Transport	Level 1	NQF Level 01	Passed the End Date - Status was "Reregistered"	2008-02-06	Was TETA until Last Date for Achievement
Core	20287	National Certificate: Farming	Level 1	NQF Level 01	Passed the End Date - Status was "Reregistered"	2023-06-30	AgriSETA
Core	20893	National Certificate: Human Resources Management and Practices Support	Level 4	NQF Level 04	Passed the End Date - Status was "Registered"	2005-02-13	Was SABPP until Last Date for Achievement
Core	21728	National Certificate: Labour Recruitment Consultancy	Level 4	NQF Level 04	Passed the End Date - Status was "Registered"	2004-06-12	SERVICES
Elective	71751	General Education and Training Certificate: Adult Basic Education and Training	Level 1	NQF Level 01	Passed the End Date - Status was "Reregistered"	2023-06-30	As per Learning Programmes recorded against this Qual
Elective	73249	General Education and Training Certificate: Adult Basic Education and Training: Academic Curriculum	Level 1	NQF Level 01	Reregistered	2028-06-30	UMALUSI
Elective	59300	General Education and Training Certificate: Transport	Level 1	NQF Level 01	Passed the End Date - Status was "Reregistered"	2023-06-30	TETA
Elective	20183	National Certificate: Banking	Level 2	NQF Level 02	Passed the End Date - Status was "Reregistered"	2015-06-30	BANKSETA
Elective	20288	National Certificate: Farming	Level 2	NQF Level 02	Passed the End Date - Status was "Reregistered"	2023-06-30	AgriSETA

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.	Andebe Group
2.	Balemi Consulting Pty Ltd
3.	College of Cape Town - Athlone Campus
4.	Dee-Bravo Training Centre
5.	Dionysus Skills Development Initiative (Pty) Ltd
6.	FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE
7.	Hot To Go Training College and Services
8.	Imperial Logistics & Transport A Div Of Imper
9.	In House Media Instruction
10.	Innovative Shared Services
11.	KayDee Project Management Cc
12.	Learncorp
13.	Learning Exchange Pty (Ltd)
14.	Leronsa Trading Enterprise
15.	Makwedeng Training
16.	Mananthatshema Skills Dev. Centre
17.	Mbimbini Training and Community Development
18.	Nedbank Ltd
19.	New Company FAT
20.	New Heights 1082 Pty Ltd
21.	Northlink College
22.	NOSA LOGISTICS PTY LTD
23.	People Upliftments t/a POPUP Upliftment
24.	PPLE Group Pty Ltd
25.	Professional Development and Training Institute (Pty) Ltd
26.	SA Maritime School and Transport College
27.	SEOPOSENGOE TRAINING CONSULTANCY CC
28.	Setlakala Business Development
29.	Siyasanga Training Centre
30.	Skills For Life
31.	South Cape Public FET College - George Campus
32.	South West Gauteng Tvet College
33.	Staffing Logistics
34.	SUCAT Management
35.	Taletso FET College - Central Office
36.	Tembe Service Providers
37.	TEST 3_18 March 2019
38.	The Skills Development Hub (Pty) Ltd