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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Develop own ability to provide a business advisory service for SMMEs 
SAQA US ID UNIT STANDARD TITLE
115830  Develop own ability to provide a business advisory service 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  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 
This Unit Standard is for learners who wish to develop their own ability to offer SMMEs professional, technical 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:
  • Monitoring own activity in dealing with clients of an SMME
  • Maintaining own capability in analysing and recording business performance and activity
  • Maintaining capability in own elective/specialist area
  • Developing professional business advisory practice to adapt to technical and environmental change for SMMEs 

  • 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 
  • Professional and ethical framework will include those practices that are: non-judgemental and prejudice free, best practice, reflect organisational ethical issues and meet clients needs
  • Clients will include current and perspective owners / managers
  • Appraisal techniques will include techniques for accessing marketing, financial and performance viability of client business at all stages of the business cycle
  • Current legal matters will include local. National and international legislation governing business operations in respect of client
  • Technical changes will include statutory and information technology requirements which affect the clients business
  • Environmental changes will include changes arising from political, funding, social and economic pressures 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Monitor own activity in dealing with clients of an SMME. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    A professional and ethical framework appropriate to the business advisory practice is identified and practiced according to organisational guidelines and requirements. 

    ASSESSMENT CRITERION 2 
    A potential range of client business advisory services that are available is established before meeting with client takes place. 

    ASSESSMENT CRITERION 3 
    Meetings are conducted in accordance with type of service offered and in accordance with ethical and professional requirements. 

    ASSESSMENT CRITERION 4 
    Client confidentiality is maintained throughout the advisory transaction. 

    ASSESSMENT CRITERION 5 
    Personal reviews of business advisory practice are conducted at the end of each session and each transaction. 

    ASSESSMENT CRITERION 6 
    Personal performance is self-evaluated to ensure consistent professional and ethical practice and to identify areas for improvement. 

    SPECIFIC OUTCOME 2 
    Analyse and record business performance and activity. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Business plans, cash flow forecasts, product pricing strategies and profit and loss accounts produced for and with client group are accurate and technically correct. 

    ASSESSMENT CRITERION 2 
    Balance sheets are accurately interpreted according to generally accepted practices. 

    ASSESSMENT CRITERION 3 
    Current legal and financial matters affecting client group operation are accurately identified and explained according to legal and financial practices. 

    ASSESSMENT CRITERION 4 
    Appropriate techniques are employed to assess client group operational and management performance. 

    ASSESSMENT CRITERION 5 
    Known and anticipated changes which will affect the client group are identified and contingency plans are made. 

    SPECIFIC OUTCOME 3 
    Maintain capability in own elective/specialist area. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Formal mechanisms for recognising and maintaining elective/specialist competence and knowledge are adopted wherever possible. 

    ASSESSMENT CRITERION 2 
    Changes affecting practice and knowledge within own elective/specialist area which affect client group are identified and relevant information is assimilated in client's environment. 

    ASSESSMENT CRITERION 3 
    Opportunities are taken to share appropriate information, opinions and trends with peer specialists. 

    ASSESSMENT CRITERION 4 
    Appropriate input and accreditation mechanisms are accessed to improve and accredit continuing personal competence. 

    SPECIFIC OUTCOME 4 
    Develop professional business advisory practice to adapt to technical and environmental change. 
    OUTCOME NOTES 
    Develop professional business advisory practice to adapt to technical and environmental change for SMMEs. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    A professional action plan is produced which identifies appropriate ways to maintain and develop personal professional business advisory practice. 

    ASSESSMENT CRITERION 2 
    Professional business advisory practice is adapted to meet changing technical requirements. 

    ASSESSMENT CRITERION 3 
    Professional business advisory practice is adapted to respond to the changing environment of business operation. 

    ASSESSMENT CRITERION 4 
    Opportunities to share knowledge and experience with others are taken as they arise. 

    ASSESSMENT CRITERION 5 
    Information regarding technical and environmental change is accessed and evaluated critically to determine its impact on client businesses and personal action. 


    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 
  • Ethical and professional principles and concepts which underpin activity in a business advisory practice for micro/very small enterprises
  • Principles for client care and client confidentiality within a business advisors practice for micro/small enterprises
  • Methods and techniques and limitations for self appraisal of micro/small enterprises
  • Principles of maintaining objectivity for micro/small enterprises
  • The possible impact of business advisors practice on the client's actions and future performances of micro/small enterprises 

  • 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 own performance and capabilities. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others in the development of self. 

    UNIT STANDARD CCFO ORGANISING 
    Organise oneself and one's activities in order to offer clients a professional advice service. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information pertaining to own abilities. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively in the pursuit of data to enhance own abilities and standards. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Understand the world as a set of related systems where the provision of professional advisory services leads to satisfied clients and word of mouth advertising opportunities. 

    UNIT STANDARD CCFO CONTRIBUTING 
    Contribute to the full personal development of each learner and the social and economic development of the society at large, by making the underlying intention of any programme of learning to make an individual aware of the importance of: reflecting on and exploring a variety of strategies to learn more effectively, when developing the strategise and competencies implicit in this Unit Standard. 

    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  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 
    Core  79886   National Certificate: Business Advising  Level 5  NQF Level 05  Reregistered  2023-06-30  SERVICES 
    Core  61592   National Diploma: Human Resources Management and Practices  Level 5  NQF Level 05  Reregistered  2023-06-30  As per Learning Programmes recorded against this Qual 
    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. Infomage SDF Training Pty Ltd 
    2. 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.