Business Feasibility Study 1
(For businesses with projected turnover of less than R 1 M)
A preliminary study to test the assumptions of a business idea or proposed business channels / new products for its feasibility..
A preliminary study to test the assumptions of a business idea or proposed business channels / new products for its feasibility. The exercise will provide the entrepreneur with an indication of whether to proceed with the implementation of the new ideas, new channels of distribution into the existing business or developing new products. It evaluates whether the business idea is well founded and is likely to meet the needs of its intended target market.
Requirements
- Basic literacy and numeracy
- Strong desire to start own business or acquire a business
- Basic business idea
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Business Feasibility Study 2
(For business with projected turnover between R 1 and R 5 M)
A preliminary study to test the assumptions of a business idea or proposed business channels / new products for its feasibility.
A preliminary study to test the assumptions of a business idea or proposed business channels / new products for its feasibility. The exercise will provide the entrepreneur with an indication of whether to proceed with the implementation of the new ideas, new channels of distribution into the existing business or developing new products. It evaluates whether the business idea is well founded and is likely to meet the needs of its intended target market.
Requirements
- Basic literacy and numeracy
- Strong desire to start own business or acquire a business
- Basic business idea
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Due Diligence
Focuses on a structured, systematic research exercise to accumulate all the facts and information needed to make an informed decision regarding a n acquisition or management buy in.
A preliminary study to test the assumptions of a business idea or proposed business channels / new products for its feasibility. The exercise will provide the entrepreneur with an indication of whether to proceed with the implementation of the new ideas, new channels of distribution into the existing business or developing new products. It evaluates whether the business idea is well founded and is likely to meet the needs of its intended target market.
Requirements
- Basic literacy and numeracy
- Business operating for at least three years
- Done some research on the business (or have an existing business plan in place)
- Set of recent financial statements available for the business
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Business Feasibility Study 2
(Business with projected turnover over R 5 M)
A preliminary study to test the assumptions of a business idea or proposed business channels / new products for its feasibility..
A preliminary study to test the assumptions of a business idea or proposed business channels / new products for its feasibility. The exercise will provide the entrepreneur with an indication of whether to proceed with the implementation of the new ideas, new channels of distribution into the existing business or developing new products. It evaluates whether the business idea is well founded and is likely to meet the needs of its intended target market.
Requirements
- Basic literacy and numeracy
- Strong desire to start own business or acquire a business
- Basic business idea
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Business Plan 1A
To provide the enterprise with a blueprint and step by step implementation guide on how to start and manage the business and to raise funding up to R 1 M to fund and/or expand operations.
Primary focus on business start-up / early stage expansion
Requirements
- Basic literacy and numeracy
- Business in start-up stage – operating up to 12 months
- Clear business idea
- Done some research on the business (or have an existing feasibility study in place)
- Must have a registered business
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Business Plan 1B
To provide the enterprise with a blueprint and step by step implementation guide on how to start and manage the business and to raise funding up to R 1 M to fund and/or expand operations.
Primary focus on business start-up / early stage expansion and improves business management skills
Requirements
- Basic literacy and numeracy
- Business in start-up stage – operating up to 12 months
- Clear business idea
- Done some basic research on the business
- Must have a registered business
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Business Plan 2A
To provide the enterprise with a blueprint and step by step implementation guide on how to start and manage the business and to raise funding of up to R 5 M to fund and/or expand operations.
Primary focus on business start-up / early stage expansion and improves business management skills
Requirements
- Basic literacy and numeracy
- Business in start-up stage – operating up to 12 months
- Clear business idea
- Done some basic research on the business
- Must have a registered business
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Business Plan 2B
To provide the enterprise with a blueprint and step by step implementation guide on how to start and manage the business and to raise funding of up to R 5 M to fund and/or expand operations.
Primary focus on business start-up / early stage expansion and improves business management skills
Requirements
- Basic literacy and numeracy
- Business in start-up stage – operating up to 12 months
- Clear business idea and done some research on the business
- Must have a registered business
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Business Plan 3A
To provide the enterprise with a blueprint and step by step implementation guide on how to start and manage the business and to raise funding of more than R 5 M to fund and/or expand operations.
Primary focus on business start-up / early stage expansion and improves business management skills
Requirements
- Basic literacy and numeracy
- Business in start-up stage – operating up to 12 months
- Clear business idea
- Done some basic research on the business (prior feasibility study or due diligence completed)
- Must have a registered business
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Business Plan 3B
To provide the enterprise with a blueprint and step by step implementation guide on how to start and manage the business and to raise funding of up to R 5 M to fund and/or expand operations.
Primary focus on business start-up / early stage expansion and improves business management skills
Requirements
- Basic literacy and numeracy
- Business in start-up stage – operating up to 12 months
- Clear business idea
- Done some basic research on the business (prior feasibility study or due diligence completed)
- Must have a registered business
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Business Re-engineering
Business improvement service seeks to introduce business improvements in existing businesses. These improvements include managing costs, improving business efficiency and competitiveness.
Requirements
- Basic literacy and numeracy
- Business historic financials available
- Business operational for at least three years
- Must have a business plan
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Financial Management
This product involves the process of writing up the business financial records (books) and drafting the financial accounts administration systems and procedures required to administer and run a business.
This product involves the process of writing up the business financial records (books) and drafting the financial accounts administration systems and procedures required to administer and run a business. This helps to ensure that the entrepreneur has control over every aspect of the business operations. They will exit with a set of financial statements and a set of policies in a manual format.
Requirements
- Basic literacy and numeracy
- Must have a registered business
- Business operating for at least 12 months
- Must have a business plan
- Clearly defined products and services in the business
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Financial and Accounting Systems
This service seeks to develop the internal financial and accounting competencies of the enterprise through the design of a basic manual or electronic financial / accounting system that empowers the entrepreneur with financial information to manage the business effectively.
This service seeks to develop the internal financial and accounting competencies of the enterprise through the design of a basic manual or electronic financial / accounting system that empowers the entrepreneur with financial information to manage the business effectively. The output of the service will ensure that the enterprise has an adequate accounting system capable of producing the key management information and controls in the required format in a timeous and cost effective manner.
Requirements
- Business operating for at least 3 months
- Must have a registered business
- Client (entrepreneur) willing to actively implement the financial and accounting system
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Payroll System
This service seeks to establish a policy and processes to ensure adequate control of employee remuneration. To ensure that the entrepreneur has adequate control of the payroll system in terms of personnel costs and incentives / rewards and complies with statutory requirements.
This service seeks to establish a policy and processes to ensure adequate control of employee remuneration. To ensure that the entrepreneur has adequate control of the payroll system in terms of personnel costs and incentives / rewards and complies with statutory requirements.
Requirements
- Basic literacy and numeracy
- Must have a registered business
- Business operating for at least 12 months
- Must have a business plan
- At least three fulltime employees
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