What Do I Need To Start My Own Business?

  • You can start your own business without a Matric Certificate. Apply for an ICB course to kick-start your career
  • If you have Matric or an Equivalent Certificate you can start your formal training with a NATED qualification 
  • NATED courses provide both practical and theoretical experience, making you highly employable
  • Matric College offers both ICB and NATED courses that will help you start your own business

You need to attain qualifications that are related to your business to start your own business. However, some individuals have started businesses without qualifications. 

Education allows you to gain knowledge, making your chances of a successful business higher. Here is all you need to know to start your own business.

Skills Required To Start A Business

To start a business can be a daunting and exciting experience. The main advantage of starting your own business is that you do not have a boss. 

You are however responsible for many things within your business. 

Some of the biggest names in business do not have formal training but they have become successful through dedication and hard work.

Here are some of the skills you need to run a successful business:

  • Accounting skills
  • Leadership skills
  • Delegation
  • Ability to sell

Accounting Skills

The foundation of a business starts with the money needed to start a business. 

Once the business is running the owner needs proper financial management. The need for good bookkeeping and accounting comes to play. 

You need to have the ability to make accurate predictions. This is also where you need to know the difference between good and bad investments and predict losses.

Leadership Skills

As a business owner, you will be the driving force behind the people you employ. This is not only limited to the operational aspect of your business but also how you carry yourself. 

You need to lead by example. There are many decisions you have to make to steer your business in the direction you want.

Delegation

The urge to be involved in every aspect of your business is a natural act. But it is not realistic, and you might be burnt out. 

It is important that you invest your time in making money and where your expertise is required. 

Other tasks you need to divide amongst your employees. In doing this you need to identify who is most qualified for certain tasks and ensure that they deliver these services efficiently.

Ability To Sell

The initial reason behind your business is to sell a product or service. To have excellent sales abilities, you need to have good communication skills and be persuasive.

Business

What Are My Study Options?

You can apply for NATED courses or ICB courses at Matric College. Here is what they offer:

NATED Courses

Matric College offers national qualification courses that provide you with the formal training required to start a business. These courses are:

  • Business Management Courses (NQF level 4 qualification: Matric or Equivalent)
  • Financial Management Courses (NQF level 4 qualification: Matric or Equivalent)
  • Human Resource Management Courses (NQF level 4 qualification: Matric or Equivalent)

National Accredited Technical Education Diploma courses provide students with both practical and theoretical experience.  If you don’t have Matric or Matric Equivalent you can always study our Adult Matric Course or do the Matric Equivalent Course to help you reach your goals. Adult Matric is commonly referred to as Senior Certificate (Amended). Study Online Matric and further your studies. This makes you more employable as employers look for people who already have experience. NATED courses are accredited by the Department of Higher Education and Training and people who study these qualifications earn a respectable salary.

ICB Courses

The best feature of these courses is that you can study them without Matric. 

The Institute of Certified Bookkeepers offers financial and business management qualifications that are both nationally and internationally recognised. 

These qualifications are regarded as scarce skills. This means that your chances of being employed are high because these qualifications are required by employers. 

This also means that you will earn a respectable income. Here are the courses you can study to start your own business:

  • ICB Business Management courses (Grade 11 certificate to apply)
  • ICB Financial Accounting courses (Grade 10 certificate to apply)

Where Can I Study?

Many reputable institutions in South Africa offer courses to start your business. These institutions are:

  • Ember Academy
  • Matric College
  • Skills Academy
  • Bellview Institute of Distance Learning
  • The Learning Group

Last Updated: 15 December 2021

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