Determine financial requirements of a new venture – Unit Standard 119666



This Module is intended for learners who will be working in an SMME (Small, Medium, and Micro Enterprise) environment, specialising in New Venture Ownership and Management.  It will add value to entrepreneurs who are seeking to develop their entrepreneurial skills so that they can become more marketable for bigger contracts, including commercial and public sector contracts, for example the Department of Public Works programmes.

Specific Outcomes

  • Determine the financial and cash flow requirements of a new venture.
  • Determine income and expenditure of new venture.
  • Implement pricing and costing principles.
  • Identify resources to obtain start-up capita