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 THAT HAS PASSED THE END DATE: 

Plan craft enterprise business 
SAQA US ID UNIT STANDARD TITLE
115145  Plan craft enterprise business 
ORIGINATOR
SGB Art, Craft & Design 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 02 - Culture and Arts Visual Arts 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04  15 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "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 
A learner credited with this unit standard is able to develop a business plan for a craft enterprise. This unit standard contributes to the competence of those who want to develop a career path in the Art, Craft and Design sector, and contributes to greater levels of production and quality in this industry.

If learners are competent in this unit standard then the general productivity, quality, and marketing of a craft enterprise will improve and increase.


Learners credited with this unit standard are capable of:
  • Understanding the financial aspects of administering craft enterprises.
  • Administering budgets for craft enterprises.
  • Developing business plans for craft enterprises. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is recommended that the learner has completed the NQF level 2 National Certificate in Craft Production or equivalent with competencies in numeracy and in working and functioning in a craft enterprise. 

    UNIT STANDARD RANGE 
    Range statements are included in the unit standard where relevant. 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Understand the financial aspects of administering craft enterprise. 
    OUTCOME RANGE 
    Craft enterprise may include a range of legal entities including soul proprietor, CC, section 21 and NPO, Pty, trust and an informal trader. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Possible sources of income revenue streams for a craft enterprise were researched, presented and a decision was made on the advantages and disadvantages of each. 

    ASSESSMENT CRITERION 2 
    Financial risk associated with running a craft enterprise was researched and presented. 

    ASSESSMENT CRITERION 3 
    Possibilities for craft enterprise support were investigated. 

    ASSESSMENT CRITERION 4 
    Financial implications and alternatives for capital asset requirements were investigated and best practices were identified. 

    SPECIFIC OUTCOME 2 
    Develop business plans for craft enterprises. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The basic elements of a business plan were research, identified and explained. 
    ASSESSMENT CRITERION RANGE 
    The elements of a business plan may include:
  • An introduction and description of the craft enterprise.
  • Indication of some market research and/or basic need for the craft product.
  • Proposed enterprise structure and location.
  • Terms of lease, rent of building or financial aspect of occupation.
  • An analysis of the competition.
  • A basic marketing plan.
  • The human resource structure of the enterprise.
  • Budgeted income statements (usually for three years).
  • Cash flow projections.
  • Personal investment and skills and information demonstrating the ability to run a successful craft enterprise.
     
    		•

    ASSESSMENT CRITERION 2 
    A basic business plan was compiled and presented for the craft enterprise of choice. 

    ASSESSMENT CRITERION 3 
    The viability of the business plan was explained in relation to evidence of the budget. 

    ASSESSMENT CRITERION 4 
    The budget's strengths were identified and analysed. 

    SPECIFIC OUTCOME 3 
    Administer budgets for craft enterprises. 
    OUTCOME RANGE 
    Typical income and expense items can include sales, interest received and paid, cost charges, transport and IT related fees, rent and electricity, administration fees, refreshments, repairs and maintenance, printing and stationary and marketing. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Income and expense items are accurately identified, described and documented for a craft enterprise. 

    ASSESSMENT CRITERION 2 
    Sustainability was taken in account in administering the budget. 

    ASSESSMENT CRITERION 3 
    The budget was assessed and best practices were identified. 

    ASSESSMENT CRITERION 4 
    Cash flow is monitored and maintained. 

    ASSESSMENT CRITERION 5 
    Monthly financial statements were prepared for presentation. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • 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 must be accredited as a provider with the relevant ETQA.
  • The relevant ETQA according to the moderation guidelines and the agreed ETQA procedures will oversee moderation of assessment. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    The following embedded knowledge is addressed in an integrated way in the unit standard:
    Qualifying learners understands and can explain:
  • Verbal and visual presentation techniques for demonstrating the business plan.
  • Financial accounting techniques for development of budget.
  • Techniques for interpreting, analysing and evaluating information reflecting in financial reports.
  • Legal contracts.
  • The elements of a business plan. 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems.

    Assessment Criteria:
  • Sustainability was taken in account in administrating the budget.

    Specific outcome:
  • Administer a budget for a craft enterprise. 
    		•

    UNIT STANDARD CCFO WORKING 
    Work effectively with others.

    Assessment Criteria:
  • Possible sources of finance for a craft enterprise was researched, presented and a decision was made on the advantages and disadvantages of each.

    Specific outcome:
  • Demonstrate knowledge and understandings of the financial aspects of administering a craft enterprise. 
    		•

    UNIT STANDARD CCFO ORGANISING 
    Employ self management.

    Assessment Criteria:
  • Financial risk associated with running a craft enterprise was researched and presented.

    Specific outcome:
  • Demonstrate knowledge and understandings of the financial aspects of administering a craft enterprise. 
    		•

    UNIT STANDARD CCFO COLLECTING 
    Manage information.

    Assessment Criteria:
  • Possibilities for craft enterprise support were investigated.

    Specific outcome:
  • Demonstrate knowledge and understandings of the financial aspects of administering a craft enterprise. 
    		•

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively.

    Assessment Criteria:
  • The viability of the business plan was explained in relation to evidence of the budget.

    Specific outcome:
  • Develop a business plan for a craft enterprise. 
    		•

    UNIT STANDARD CCFO DEMONSTRATING 
    Understand contextual world systems.

    Assessment Criteria:
  • A basic business plan was compiled and presented for the craft enterprise of choice.

    Specific outcome:
  • Develop a business plan for a craft enterprise. 
    		•

    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
    Elective  48809   Further Education and Training Certificate: Craft Enterprise  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  CATHSSETA 


    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.
     
    NONE 


    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.