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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Establish and appraise the SMME,s current situation and potential 
SAQA US ID UNIT STANDARD TITLE
115811  Establish and appraise the SMME,s current situation and potential 
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 5  Level TBA: Pre-2009 was L5  10 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

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 
Learners working towards this Unit Standard will be aiming to offer SMMEs professional, operational, financial and managerial advice or similar types of assistance. It is for learners who are actively involved or wish to become involved in appraising and rehabilitating SMMEs at all stages of their life cycle

It will create efficient business advisory services, aimed at fostering the competitiveness and sustainability of the SMME

The qualifying learner is capable of:
  • Eliciting and constructing a realistic personal financial budget with owner and/or management
  • Gathering, analysing and evaluating current financial situation for SMMEs
  • Gathering, analysing and evaluating current marketing situation for SMMEs
  • Gathering, analysing and evaluating current operational situation for SMMEs
  • Gathering, analysing and evaluating current and relevant statutory requirements for SMMEs
  • Compiling an SMME appraisal 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in:
  • Computer Literacy at NQF Level 3
  • Mathematical Literacy at NQF Level 4
  • Accountancy and Communications at NQF level 4 or its equivalent 

  • UNIT STANDARD RANGE 
  • Legal requirements for SMMEs will include financial, creative, media choices, marketing and operational
  • Clients will include current and perspective owners / management
  • SMMEs will include those as defined in the national small business act 1996, act no.102 of 1996 amendments
  • SMMEs in retail, services, manufacturing and construction only 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Elicit and construct a realistic personal financial budget with owner and or management. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Personal monthly income and expenditure data is gathered from the owner and management 

    ASSESSMENT CRITERION 2 
    Supporting documentary evidence is provided in accordance with requirements 

    ASSESSMENT CRITERION 3 
    A realistic personal financial budget is produced in required format and agreed time frame 

    ASSESSMENT CRITERION 4 
    The outcome of the personal financial budget is verified and assessed against set/required standards 

    ASSESSMENT CRITERION 5 
    The owner and or management is encouraged to evaluate the current situation against external measures and criteria 

    SPECIFIC OUTCOME 2 
    Gather, analyse and evaluate current financial situation for SMMEs. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Types of financial information required for analysis are identified applied in line with standard practice. 

    ASSESSMENT CRITERION 2 
    Sources and location of financial data are identified and evaluated for authenticity. 

    ASSESSMENT CRITERION 3 
    Current financial situation is calculated using suitable analysis instruments 

    ASSESSMENT CRITERION 4 
    Current financial situation is appraised using calculations and conclusions are drawn and recorded in required format 

    ASSESSMENT CRITERION 5 
    Financial viability of the SMME business is determined and presented in required format 

    SPECIFIC OUTCOME 3 
    Gather, analyse and evaluate current marketing situation for SMMEs. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Sources and location of marketing data are identified and analysed against requirements 

    ASSESSMENT CRITERION 2 
    Types of marketing information required for analysis are identified and evaluated against set criteria 

    ASSESSMENT CRITERION 3 
    Current marketing situation is determined using the marketing mix 

    ASSESSMENT CRITERION 4 
    Current marketing situation is assessed and conclusions are drawn and recorded about the marketing viability of the SMME business 

    ASSESSMENT CRITERION 5 
    An improvement marketing action plan is compiled and submitted for approval 

    SPECIFIC OUTCOME 4 
    Gather, analyse and evaluate current operational situation for SMMEs. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Sources and location of operational data are identified and evaluated against set standards 

    ASSESSMENT CRITERION 2 
    Types of operational information required for analysis are identified and applied according to standards 

    ASSESSMENT CRITERION 3 
    Current operational situation is analysed in detail against set business objectives 

    ASSESSMENT CRITERION 4 
    Conclusions on current operational situation are documented in required format 

    ASSESSMENT CRITERION 5 
    Operational viability of the SMME business is evaluated against set standards 

    SPECIFIC OUTCOME 5 
    Gather, analyse and evaluate current legal requirements specific to a SSME. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Sources and location of legal information are identified and evaluated against requirements 

    ASSESSMENT CRITERION 2 
    Types of legal information required for analysis are identified applied according to business requirements 

    ASSESSMENT CRITERION 3 
    The current SMMEs situation is assessed to determine if relevant legislation is applied according to standards 

    ASSESSMENT CRITERION 4 
    Conclusions arising from legal requirements are drawn and evaluated against requirements 

    ASSESSMENT CRITERION 5 
    Corrective measures and procedures to legal requirements are analysed and reported on in required format 

    SPECIFIC OUTCOME 6 
    Compile an SMME appraisal. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The format of appraisal/report is determined to suit the context of SMME 

    ASSESSMENT CRITERION 2 
    The findings of the investigation are integrated and documented in required format 

    ASSESSMENT CRITERION 3 
    Recommendations of the business are made and evaluated against set requirements 

    ASSESSMENT CRITERION 4 
    The business's potential is evaluated against required objectives 

    ASSESSMENT CRITERION 5 
    Draw up action plan for client, based on findings is presented for approval 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this Unit Standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA
  • Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Methods and techniques for conducting appraisals of SMMEs
  • Business principles and practices
  • Methods and techniques for establishing and estimating potential of an SMME.
  • Data gathering techniques
  • Types of legislative requirements for an SMME to function 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems directly related to the analysis and interpretation of data pertaining to the appraisal of an SMME 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others in the process of and appraising an SMME 

    UNIT STANDARD CCFO ORGANISING 
    Organise oneself and one's activities in preparation for the appraisal of the SMME 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information when conducting an appraisal of an SMME in order to give sound advice 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively with the owner/manager in gathering and providing information regarding the SMME 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology to record and analyse information 

    UNIT STANDARD CCFO DEMONSTRATING 
    Understand the world as a set of related systems where accurate data gathering and analysis gives precise appraisal results 

    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  79886   National Certificate: Business Advising  Level 5  NQF Level 05  Reregistered  2023-06-30  SERVICES 
    Core  48886   National Certificate: Business Advising  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered" 
    2010-11-11  Was SERVICES until Last Date for Achievement 
    Elective  59550   National Certificate: Agricultural Extension  Level 6  Level TBA: Pre-2009 was L6  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.
     
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    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.