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: 

Identify business success issues for SMMEs 
SAQA US ID UNIT STANDARD TITLE
115816  Identify business success issues for SMMEs 
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 
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 
This Unit Standard is designed for persons who are responsible for evaluating the factors that contribute to the success of a business and who have to give advice to businesses on how to make them more successful.

The qualifying learner is capable of:
  • Identifying the success factors of a business.
  • Assessing the performance of a business in meeting its objectives.
  • Identifying potential improvements that a business can make to be more successful. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners accessing this Unit Standard 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 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify the success factors of a business. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The factors that are contributing to the success of a business are identified and an explanation given of the role each plays in that success. 

    ASSESSMENT CRITERION 2 
    The factors that are hindering the performance of a business are identified and an explanation given of how they are impeding the success of the business. 

    ASSESSMENT CRITERION 3 
    The strengths, weaknesses, opportunities and threats of the business are analysed based on the real situation and a written report made indicating how strengths and opportunities can be maximized and threats and weaknesses minimized. 

    SPECIFIC OUTCOME 2 
    Assess the performance of the business in meeting its objectives. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The objectives of a business are identified using its mission and vision statements and its business plan. 

    ASSESSMENT CRITERION 2 
    The performance of the business is evaluated against its stated objectives and a written report made of the findings. 

    ASSESSMENT CRITERION 3 
    The financial status of the business is evaluated using the profit and loss account, the balance sheet, the cash flow statements and any other financial reports and reported on in a format understandable to the client. 

    ASSESSMENT CRITERION 4 
    Performance data is communicated and discussed with client using language and formats that are appropriate for the business and the client. 

    SPECIFIC OUTCOME 3 
    Identify potential improvements. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Potential improvements are identified and their intended effects on the business are explained to the client. 

    ASSESSMENT CRITERION 2 
    An action plan to implement the improvements is drawn up giving sequences of actions and timelines for implementation. 

    ASSESSMENT CRITERION 3 
    Ways to monitor the implementation of the improvements are written into a manual so as to aid the early identification of problems and any amendments that need to be made. 


    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 
  • Sources of information to determine operational success.
  • Basic business principles.
  • Business evaluation techniques.
  • Political, social and economic factors affecting the business community.
  • Technological and scientific innovations affecting the business community. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identifying & solving problems in which responses display that responsible decisions using critical and creative thinking have been made when identifying how a business can improve its effectiveness and profitability. 

    UNIT STANDARD CCFO WORKING 
    Working effectively with others as a member of a team, group, organization when looking at the way the business functions and eliciting information from staff members. 

    UNIT STANDARD CCFO ORGANISING 
    Organising and managing oneself and one's activities responsibly and effectively to collect data correctly and to write reports and recommendations. 

    UNIT STANDARD CCFO COLLECTING 
    Collecting, analysing, organising and critically evaluating information when demonstrating competence in all aspects of this Unit Standard. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicating effectively using visual, mathematical and/or language skills in the modes of oral and/or written persuasion when writing reports. 

    UNIT STANDARD CCFO SCIENCE 
    Using science and technology effectively when writing reports and making recommendations using the computer. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrating an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation when seeing that poor performance in one area of the business effects the profitability and viability of the business as a whole. 

    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 
    Elective  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.
     
    1. Leap Projects 



    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.