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Bakery

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Bakery ...

    SOURCE INFORMATION

    ABOUT

    SELF-EMPLOYMENT

    OPPORTUNITY

     LEARNER GUIDE

Source Information about Self-Employment Opportunities

Learner Information

    Details Please Complete details Name of learner

Name of manager

Work Unit

Facilitator

Date started

    Date of completion & Assessment

? Tourism, Hospitality and Sport Education and Training Authority (THETA), 2003

    2

    Table of Contents

    Keys to Icons ........................................................................4 Source Information about Self-Employment Opportunities .......................5 Introduction .................................................................................................................................. 5 Specific Outcomes and Range of Learning .........................................7 Practical Tasks ......................................................................8 Credits of this Module ..............................................................9 Learner Support .....................................................................9 Purpose of this Module ........................................................... 10 1. Possible Forms of New Business Organisation ................................ 11 1.1 Types of Business Forms .................................................................................................... 11 1.2 Companies ............................................................................................................................... 11 1.3 Close Corporations .............................................................................................................. 13 1.4 Partnerships ......................................................................................................................... 15 1.5 Sole Proprietor .................................................................................................................... 15 2. Research Self-employment Opportunities .................................... 17 2.1 Identifying Sources of Information ............................................................................. 17 2.2 Sources of Information ................................................................................................... 18 2.3 Accurate & Reliable Information ................................................................................. 20 2.4 Alternative sources of Information ............................................................................. 21 2.5 Opportunities for Small Business ................................................................................ 22 2.6 Marketing ............................................................................................................................ 23 2.7 Start up Costs .................................................................................................................... 24 2.8 Competition ......................................................................................................................... 26 2.9 The Legal Requirements .................................................................................................. 27 2.10 Skill Requirements .......................................................................................................... 28 2.11 Financial Assistance ........................................................................................................ 28 2.12 Training .............................................................................................................................. 28 2.13 Job Creation ..................................................................................................................... 29 3. Evaluate Information .......................................................... 30 3.1 Information analysis and risk assessment ................................................................. 30 Self Assessment 01 ............................................................... 32 Signatures required on successful completion of this Module .................. 33

     3 ? Tourism, Hospitality and Sport Education and Training Authority (THETA), 2003

    Keys to Icons

    The following icons are used throughout the study guide to indicate specific

    functions:

    FOLDER ENCLOSURES

    This includes all examples, handouts, checklists, etc.

DON'T FORGET/NOTE

    This icon indicates information of particular importance.

VIDEOS

    Videos recommended as added value learning.

SELF ASSESSMENT QUESTIONS.

    Self evaluation for learners to test understanding of the

    learning material

ACTIVITY TIPS

    These help you to be prepared for the learning to follow and

    must be added to the module content/portfolio of evidence. PRACTICAL TASKS

    An important part of the assessment process is proof of

    competence. This can be achieved by observation or a portfolio

    of evidence. These tasks meet this component of assessment. EXERCISES

    Exercises/questions to be complete to demonstrate

    understanding of module content. Shows transference of

    knowledge and skill.

     4 ? Tourism, Hospitality and Sport Education and Training Authority (THETA), 2003

Source Information about Self-Employment Opportunities

    Introduction

    Purpose The purpose of this training programme is to provide you with the

    applied competence according to Unit Standard XX25.

    In order to achieve the credits and qualify for this appropriate

    registered standard, determined by the Sector of Education

    Training Authority, you are expected to have demonstrated

    specific learning outcomes

Specific Specific outcomes describe what the learner has to be able to do

    Outcomes successfully at the end of this learning experience.

Assessment The only way to establish whether a learner is competent and has

    Criteria accomplished the specific outcomes, is through the assessment

    process. Assessment involves collecting and interpreting evidence

    about the learners‟ ability to perform a task.

    This module may include assessments in the form of self-test,

    group exercises, quizzes, projects and a practical training

    programme whereby you are required to perform tasks on the job

    and collect as portfolio of evidence, proof signed by your

    supervisor that you have successfully performed these tasks.

To qualify To qualify and receive credits towards your qualification in, a

     registered Assessor will conduct an evaluation and assessment of

    your portfolio of evidence and competency.

Range of This describes the situation and circumstance in which competence

    Learning must be demonstrated and the parameters in which the learner

    operates.

    Responsibility The responsibility of learning rest with you, so . . .

    ? Be proactive and ask questions.

    ? Seek assistance and help from your coach, if required.

     5 ? Tourism, Hospitality and Sport Education and Training Authority (THETA), 2003

Related Units It would make sense to learn and assess this unit in

    Structuring the conjunction with all or part of the following units (if they are

    Learning relevant to the Learnership in question:

    ? XX12 Communicate verbally

    ? XX24 Prepare written communications

    ? XX35 Plan and conduct meetings

     6 ? Tourism, Hospitality and Sport Education and Training Authority (THETA), 2003

    Specific Outcomes and Range of Learning

    Demonstrated 1. Explain the reasons for thorough research into self-

    KNOWLEDGE and employment opportunities. UNDERSTANDING 2. Explain why it is important to identify sources of

    information.

    3. Stress the importance of obtaining accurate and reliable

    information.

    4. Describe the different types of companies that offer

    self-employment opportunities (range of companies:

    Private company, Close Corporations, partnerships and Sole

    Proprietor).

    Demonstrated 5. Given self-employment opportunities, determine the ability to make sources of relevant information and record them for later

    DECISIONS about referral (range of sources: newspapers and other

    practice and to publications, speaking to personal contacts, support ACT accordingly agencies/ government departments/ organisations) (Range

    of information: opportunities for small businesses;

    potential customers, start up costs, competition, legal

    requirements, skill requirements, grants/ financial

    assistance available, job creation opportunities)

    6. Evaluate and rank the information obtained in terms of

    potential self-employment opportunities, and take into

    account available resources, education, training and

    viability.

    Demonstrated 7. Identify potential problems relating to sources of

    ability to learn information, and suggest how to overcome them.

    from our actions 8. Describe alternative sources of information.

    and to ADAPT

    PERFORMANCE

     7 ? Tourism, Hospitality and Sport Education and Training Authority (THETA), 2003

Practical Tasks

As part of this module you will be required to complete the following tasks.

An assessor/supervisor/experienced colleague must be present to observe you as

    you complete the tasks OR you can provide a portfolio of evidence proving your

    competence.

    Practical Task Type Date Comments and

    Tasks Completed initials of

    observer

     Task No. 1 Research the financial laws

    regarding self-employment and

    discuss your findings in an essay.

     Task No. 2 Visit your local library,

    agencies/organizations that provide

    assistance to small businesses, or do

    a search on the net to source

    information about self-employment

    opportunities

     8 ? Tourism, Hospitality and Sport Education and Training Authority (THETA), 2003

    Credits of this Module

    Credits The Unit Standard Source Information about Self-Employment Opportunities - has a total credit value of 3.

    Learner Support

    Books Resources ? Small Business Opportunities by Ian Clark &

     Eric Louw

    ? Hundreds of ways to make money from home

     by Rosalind Fox

    ? Earn Money from Home by Lydia Wessels and

    Dr T de Koning

    ? Starting your own business in South Africa by

    Guy McLeod

    ? The Directory of Small Business Development

    Organisations is a directory published each

    year by the wits Business School and

    sponsored by Standard Bank

    ? Entrepreneurship and How To Establish Your

    Own Business, C Nieuwenhuizen, E.E. Le Roux,

    J.W.S. Strydom, Juta & Co. Ltd, 1996. Magazines ? The Entrepreneur published by the Small

    Business Information Centres available from:

    ? The Small Business Information Centres

    ? P.O. Box 1880

    ? Potchefstroom 2520

    ? Confidence The Official Magazine of the

    South African Chamber Movement.

    ? Venture

    ? “Southern African Success: Southern Africa‟s

    Journal of business Opportunities”

     9 ? Tourism, Hospitality and Sport Education and Training Authority (THETA), 2003

    Purpose of this Module

    Overall The purpose of this training programme is to provide you with the

    Outcome applied competence to identify and evaluate the different sources

    of information that will assist them in making the best decisions

    regarding self-employment opportunities.

     10 ? Tourism, Hospitality and Sport Education and Training Authority (THETA), 2003

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