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: 

Develop a business plan for a salon 
SAQA US ID UNIT STANDARD TITLE
114825  Develop a business plan for a salon 
ORIGINATOR
SGB Hairdressing Cosmetology and Beauty 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Personal Care 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04  8 
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 
Learners who achieve this unit standard produce a comprehensive business plan, which could be used to guide the new business, and/or act as an application for finance.

The qualifying learner will be able to:
  • Analyse and describe the business and industry outlook.
  • Analyse and describe products and markets.
  • Design and present marketing and promotional plans.
  • Design and present an operational plan.
  • Design and present a financial plan for the new business. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this qualification will have demonstrated competence in computer literacy, numeracy, literacy and communications and NQF level 3 or equivalent. 

    UNIT STANDARD RANGE 
  • Legal business types include sole proprietor, partnerships, close corporations, and Pty companies
  • The legal registrations required include, PAYE, VAT, UIF, RSC, COID, Skills Development Levy and Industry registrations.
  • Typical leasing issues include cost per square metre, length of leases, lease deposits, extra charges for security, parking, payments in advance, and interest on late payments.
  • Other income and expense items include, sales, interest received and paid, cost of sales, insurance and liability cover, accounting fees, salaries and wages, and staff development costs, bank charges, vehicle and IT related fees, rent and electricity, office refreshments, repairs and maintenance, printing and stationery etc.
  • Elements of a business plan. 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Analyse and describe the business and the industry outlook. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The type of industry is described in line with accepted norms. 

    ASSESSMENT CRITERION 2 
    The industry is analysed and impacts on the business is presented. 

    ASSESSMENT CRITERION 3 
    National and International economic trends are analysed. 

    ASSESSMENT CRITERION 4 
    The legal and regulatory environment is identified and explained. 

    SPECIFIC OUTCOME 2 
    Analyse and describe products and markets. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The products or services of the new business are described. 

    ASSESSMENT CRITERION 2 
    A market analysis is conducted and a target market is defined. 

    ASSESSMENT CRITERION 3 
    A Situation or SWOT Analysis is compiled. 

    ASSESSMENT CRITERION 4 
    The business's competitive advantage is identified and defined. 

    SPECIFIC OUTCOME 3 
    Design and present a marketing and promotional plan. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Input into formulating pricing, promotions and merchandising strategies is provided. 

    ASSESSMENT CRITERION 2 
    Promotional activities list is drawn. 

    ASSESSMENT CRITERION 3 
    Resources required for planned promotions is identified. 

    ASSESSMENT CRITERION 4 
    A marketing and promotional plan of the business is clearly presented. 

    SPECIFIC OUTCOME 4 
    Design and present an operational plan. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The regulatory requirements / approvals / licenses which have to be administered prior to commencement of business operations were discussed in the business plan. 

    ASSESSMENT CRITERION 2 
    The chosen location and why it is appropriate for the business was explained. 

    ASSESSMENT CRITERION 3 
    Equipment requirements and source was discussed. 

    ASSESSMENT CRITERION 4 
    Human resource requirements are explained. 

    ASSESSMENT CRITERION 5 
    Other parties/outside agents that will be involved and your relationship with them was explained. 

    ASSESSMENT CRITERION 6 
    An analysis of suppliers was carried out. 

    SPECIFIC OUTCOME 5 
    Design and present a financial plan for the new business. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The finance requirements for the business are stated in the business plan. 

    ASSESSMENT CRITERION 2 
    The projected income and expense items for the business are tabulated in the business plan. 

    ASSESSMENT CRITERION 3 
    The sources of funds are discussed in the business plan. 

    ASSESSMENT CRITERION 4 
    A financial plan for the business is clearly presented. 


    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 
  • Principles of designing and developing plans (finance, marketing, operational, administrative, management)
  • Elements of a business plan include: Description of the business, market research of product, need or service, proposed business structure, location of the new venture, analysis of competition, projected budget income statements, projected cash flow data, personal investment and skills.
  • The importance of planning according to time frames and priorities.
  • The importance of monitoring and revising implementation plans.
  • Evaluate relevant human, physical, human and financial resources. 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    Participate as a responsible citizen in the life of local, national and global communities, by beginning to understand the responsibilities and implications of creating a new business. 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems that could arise in a business plan. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information needed to compile a business plan. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively so procedures are completed as set out by the business plan of the new business. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology to collect and analyse the data to be used in the plans for a new business. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems by recognising that planning takes place within a broader context when establishing a new business. 

    UNIT STANDARD ASSESSOR CRITERIA 
    Assessors should keep the following principles in mind when designing and conducting assessments against this unit standard:
  • Focus the assessment activities on gathering evidence in terms of the main outcome expressed in the title to ensure assessment is integrated rather than fragmented. Remember we want to declare the person competent in terms of the title. Where assessment at title level is unmanageable, then focus assessment around each specific outcome, or groups of specific outcomes.
  • Make sure evidence is gathered across the entire range, wherever it applies. Assessment activities should be as close to the real performance as possible, and where simulations or role-plays are used, there should be supporting evidence to show the candidate is able to perform in the real situation.
  • Do not focus the assessment activities on each assessment criterion. Rather make sure the assessment activities focus on outcomes and are sufficient to enable evidence to be gathered around all the assessment criteria.
  • The assessment criteria provide the specifications against which assessment judgements should be made. In most cases, knowledge can be inferred from the quality of the performances, but in other cases, knowledge and understanding will have to be tested through questioning techniques. Where this is required, there will be assessment criteria to specify the standard required.
  • The task of the assessor is to gather sufficient evidence, of the prescribed type and quality, as specified in this unit standard, that the candidate can achieve the outcomes again and again and again. This means assessors will have to judge how many repeat performances are required before they believe the performance is reproducible.
  • All assessments should be conducted in line with the following well documented principles of assessment: appropriateness, fairness, manageability, integration into work or learning, validity, direct, authentic, sufficient, systematic, open and consistent. 
    		•

    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  48797   Further Education and Training Certificate: Beauty Technology  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2011-02-16  Was SERVICES until Last Date for Achievement 
    Elective  64651   Further Education and Training Certificate: Hairdressing  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2009-04-08  As per Learning Programmes recorded against this Qual 


    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.