+27 12 004 8389 | +27 65 077 6310 | [email protected] | Get A Quote |

Business, Commerce and Management Studies › Generic Management

Manage Finances For A New Venture Training

SAQA US 119674 | NQF 2 | Credits 10 | Duration 7 Days
From $1,523 per delegate

Description

This course equips aspiring entrepreneurs and new venture managers with the essential financial skills to effectively manage the finances of a new business. Participants will learn to interpret financial statements, prepare budgets, manage cash flow, and make informed financial decisions to ensure the sustainability and growth of their ventures.

Learning Outcomes

  • Apply financial principles to manage the finances of a new venture.
  • Analyze financial statements to assess the financial health of a business.
  • Prepare a budget and monitor actual performance against the budget.
  • Evaluate cash flow projections to ensure adequate liquidity.
  • Implement financial control measures to manage costs and maximize profitability.

Target Audience

This course is designed for new venture owners, entrepreneurs, small business managers, and individuals planning to start their own business who need to gain practical financial management skills.

Prerequisites

None — open enrollment

Course Outline

Day 1: Introduction to Financial Management for New Ventures

Objectives:
• Understand the importance of financial management in a new venture.
• Identify key financial concepts and terminology.
• Recognise the role of financial planning in business success.
• Distinguish between different types of financial statements.
• Appreciate the legal and regulatory requirements for financial records.

Topics:
• Overview of financial management for small businesses.
• Key financial terms: assets, liabilities, equity, income, expenses.
• The financial planning process.
• Introduction to financial statements: income statement, balance sheet, cash flow statement.
• Legal requirements for financial record keeping in South Africa.

Day 2: Budgeting and Forecasting

Objectives:
• Develop a budget for a new venture.
• Apply forecasting techniques to estimate revenue and expenses.
• Analyse the difference between fixed and variable costs.
• Use budgeting as a tool for financial control.
• Prepare a cash flow forecast.

Topics:
• Purpose and types of budgets.
• Steps in creating a budget.
• Forecasting sales and expenses.
• Fixed vs. variable costs.
• Cash flow forecasting.
• Monitoring and adjusting budgets.

Day 3: Basic Bookkeeping and Record Keeping

Objectives:
• Explain the principles of double-entry bookkeeping.
• Record financial transactions accurately.
• Maintain a general ledger and trial balance.
• Prepare a simple income statement and balance sheet.
• Understand the importance of source documents.

Topics:
• Double-entry bookkeeping basics.
• Recording transactions: journals and ledgers.
• The general ledger and trial balance.
• Preparing financial statements from trial balance.
• Source documents: invoices, receipts, bank statements.
• Petty cash management.

Day 4: Financial Analysis and Interpretation

Objectives:
• Calculate key financial ratios.
• Interpret financial statements to assess business performance.
• Identify strengths and weaknesses from financial data.
• Use ratio analysis for decision making.
• Compare actual performance against budget.

Topics:
• Liquidity ratios: current ratio, quick ratio.
• Profitability ratios: gross profit margin, net profit margin.
• Efficiency ratios: inventory turnover, debtor days.
• Solvency ratios: debt-to-equity ratio.
• Variance analysis: budget vs. actual.
• Making informed decisions based on analysis.

Day 5: Funding and Financial Planning for Growth

Objectives:
• Identify sources of funding for new ventures.
• Evaluate the cost of different financing options.
• Develop a funding proposal.
• Plan for financial sustainability and growth.
• Understand the concept of break-even analysis.

Topics:
• Sources of finance: equity, debt, grants.
• Cost of capital and interest rates.
• Preparing a funding proposal.
• Break-even analysis.
• Financial planning for expansion.
• Managing cash flow during growth.

Day 6: Risk Management and Internal Controls

Objectives:
• Identify financial risks in a new venture.
• Implement internal controls to safeguard assets.
• Understand the role of insurance in risk management.
• Develop a risk management plan.
• Apply ethical practices in financial management.

Topics:
• Types of financial risks: credit, liquidity, operational.
• Internal control procedures: segregation of duties, authorisation.
• Fraud prevention and detection.
• Insurance for small businesses.
• Developing a risk management plan.
• Ethics in financial management.

Day 7: Integrated Financial Management and Practical Application

Objectives:
• Integrate all financial management concepts into a comprehensive plan.
• Prepare a complete set of financial statements for a case study.
• Present financial information to stakeholders.
• Review and finalise a financial management system for a new venture.
• Demonstrate competency in managing finances for a new venture.

Topics:
• Case study: creating a full financial plan.
• Preparing financial statements from transactions.
• Presenting financial reports.
• Finalising a financial management system.
• Assessment and feedback.
• Action planning for implementation.

Practicals

No practicals for this training.

This course is made up of exercises and case studies delivered alongside the theory — no separate practical sessions are required to complete it.

Summatives

Each delegate is assessed continuously throughout the course and a final summative test at the end.

Daily Exercises — 30%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 30% to the final total.

Final Test — 70%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 70% to the overall mark.

Final Total
Component Out of Weight
Daily Average (multiple choice) 100% 30%
Final Test (multi-answer multiple choice) 100% 70%
Final Total — 100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

Certificate of Completion

Awarded to delegates who achieve an overall mark of 50% or higher on the Final Total (Daily Average 30% + Final Test 70%).

How it works
  • Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
  • Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
  • You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
  • If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.
Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.

Upcoming Training Sessions
Online training — attend live sessions from anywhere via our virtual classroom.
Start End Delivery Season Price Action
Fri 11 Sep 2026 Mon 21 Sep 2026 Virtual Spring 2026 $1,523 Register
Thu 01 Oct 2026 Fri 09 Oct 2026 Virtual Spring 2026 $1,523 Register
Wed 21 Oct 2026 Thu 29 Oct 2026 Virtual Spring 2026 $1,523 Register
Wed 09 Dec 2026 Thu 17 Dec 2026 Virtual Summer 2026 $1,523 Register
Tue 12 Jan 2027 Wed 20 Jan 2027 Virtual Summer 2026 $1,523 Register
Mon 15 Feb 2027 Tue 23 Feb 2027 Virtual Summer 2026 $1,523 Register
Fri 05 Mar 2027 Mon 15 Mar 2027 Virtual Autumn 2027 $1,523 Register
Thu 11 Mar 2027 Fri 19 Mar 2027 Virtual Autumn 2027 $1,523 Register
Wed 17 Mar 2027 Thu 25 Mar 2027 Virtual Autumn 2027 $1,523 Register
Tue 08 Jun 2027 Wed 16 Jun 2027 Virtual Winter 2027 $1,523 Register
Mon 28 Jun 2027 Tue 06 Jul 2027 Virtual Winter 2027 $1,523 Register
Fri 23 Jul 2027 Mon 02 Aug 2027 Virtual Winter 2027 $1,523 Register
Thu 09 Sep 2027 Fri 17 Sep 2027 Virtual Spring 2027 $1,523 Register
Wed 29 Sep 2027 Thu 07 Oct 2027 Virtual Spring 2027 $1,523 Register
Tue 19 Oct 2027 Wed 27 Oct 2027 Virtual Spring 2027 $1,523 Register
Wed 08 Dec 2027 Thu 16 Dec 2027 Virtual Summer 2027 $1,523 Register
Tue 28 Dec 2027 Wed 05 Jan 2028 Virtual Summer 2027 $1,523 Register
Mon 17 Jan 2028 Tue 25 Jan 2028 Virtual Summer 2027 $1,523 Register
On-Campus training — face-to-face sessions at our training venues across Africa and beyond.
Showing all 536 sessions across 26 venues
Start End Venue Season Price Action
Thu 18 Jun 2026 Fri 26 Jun 2026 Maseru, Lesotho Winter 2026 $3,607 Register
Fri 19 Jun 2026 Mon 29 Jun 2026 Nairobi, Kenya Winter 2026 $4,525 Register
Fri 19 Jun 2026 Mon 29 Jun 2026 Blantyre, Malawi Winter 2026 $3,985 Register
Mon 22 Jun 2026 Tue 30 Jun 2026 Mombasa, Kenya Winter 2026 $4,525 Register
Mon 22 Jun 2026 Tue 30 Jun 2026 Windhoek, Namibia Winter 2026 $3,769 Register
In-House training — we bring the trainer to your organisation, tailored to your team.
Start End Delivery Season Price Action
Tue 23 Jun 2026 Wed 01 Jul 2026 Your Premises Winter 2026 $1,982 Register
Mon 14 Sep 2026 Tue 22 Sep 2026 Your Premises Spring 2026 $1,982 Register
Fri 09 Oct 2026 Mon 19 Oct 2026 Your Premises Spring 2026 $1,982 Register
Thu 29 Oct 2026 Fri 06 Nov 2026 Your Premises Spring 2026 $1,982 Register
Thu 17 Dec 2026 Fri 25 Dec 2026 Your Premises Summer 2026 $1,982 Register
Wed 20 Jan 2027 Thu 28 Jan 2027 Your Premises Summer 2026 $1,982 Register
Tue 23 Feb 2027 Wed 03 Mar 2027 Your Premises Summer 2026 $1,982 Register
Mon 08 Mar 2027 Tue 16 Mar 2027 Your Premises Autumn 2027 $1,982 Register
Fri 19 Mar 2027 Mon 29 Mar 2027 Your Premises Autumn 2027 $1,982 Register
Thu 25 Mar 2027 Fri 02 Apr 2027 Your Premises Autumn 2027 $1,982 Register
Wed 16 Jun 2027 Thu 24 Jun 2027 Your Premises Winter 2027 $1,982 Register
Tue 06 Jul 2027 Wed 14 Jul 2027 Your Premises Winter 2027 $1,982 Register
Mon 26 Jul 2027 Tue 03 Aug 2027 Your Premises Winter 2027 $1,982 Register
Fri 17 Sep 2027 Mon 27 Sep 2027 Your Premises Spring 2027 $1,982 Register
Thu 07 Oct 2027 Fri 15 Oct 2027 Your Premises Spring 2027 $1,982 Register
Wed 27 Oct 2027 Thu 04 Nov 2027 Your Premises Spring 2027 $1,982 Register
Thu 16 Dec 2027 Fri 24 Dec 2027 Your Premises Summer 2027 $1,982 Register
Wed 05 Jan 2028 Thu 13 Jan 2028 Your Premises Summer 2027 $1,982 Register
Tue 25 Jan 2028 Wed 02 Feb 2028 Your Premises Summer 2027 $1,982 Register
Training Discounts
Delegates Discount
5 3% off
10 6% off
15 9% off
20 12% off
25 15% off
30 18% off
50 30% off
75 35% off
100 40% off

3% off per 5 delegates, up to 40% for 100+

View Sessions & Register Get A Quote Download Course Brochure
Have an account?

Sign in to track your applications and manage your cart.

Login Register

Related Courses

Other Business, Commerce and Management Studies courses at NQF level 2 learners on this page also viewed.

Basic Customer Service Skills Training
NQF 2 · 2 credits · US 114974
Determine Financial Requirements Of A New Venture Training
NQF 2 · 8 credits · US 119666
Employee Tax Responsibilities in South Africa Training
NQF 2 · 2 credits · US 252145
Explain The Application Of The Basic Conditions Of Employment Act And Its Effect On Earnings In Own Contract Training
NQF 2 · 2 credits · US 119916
Identify And Demonstrate Entrepreneurial Ideas And Opportunities Training
NQF 2 · 7 credits · US 119673
Identify The Composition Of A Selected New Venture S Industry Sector And Its Procurement Systems Training
NQF 2 · 8 credits · US 119667
Investigate Credit In Own Circumstances Training
NQF 2 · 3 credits · US 119912
Investigate The Costs And Benefits Of Using Banking Institutions For Managing Personal Finances Training
NQF 2 · 2 credits · US 119911
Manage Business Operations Training
NQF 2 · 8 credits · US 119668
Manage Marketing And Selling Processes Of A New Venture Training
NQF 2 · 7 credits · US 119672
Match New Venture Opportunity To Market Needs Training
NQF 2 · 6 credits · US 119669
Produce A Business Plan For A New Venture Training
NQF 2 · 8 credits · US 119670
Browse the full Business, Commerce and Management Studies category for business, commerce and management studies training programmes.
GET A QUOTE