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Analysis of Key Consideration for Growth Opportunities

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Added on  2020-06-04

Analysis of Key Consideration for Growth Opportunities

   Added on 2020-06-04

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Planning for growth
Analysis of Key Consideration for Growth Opportunities_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Analysis of key consideration for growth opportunities in organisation context..................1P2 Evaluation of opportunities of growth by using Ansoff matrix.............................................3TASK 2............................................................................................................................................6P3 Potential sources of funding with each one benefits and drawbacks.....................................6TASK 3............................................................................................................................................7P4 Formulation of business plan for growth with financial and strategic objectives of scalingup.................................................................................................................................................7TASK 4............................................................................................................................................7P5 Exit and succession option for business with its benefits and drawbacks.............................7CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................9
Analysis of Key Consideration for Growth Opportunities_2
Analysis of Key Consideration for Growth Opportunities_3
INTRODUCTIONPlanning is an essential element for every business which have to take in account bymanagers of an association so that they are going to maximise return. Planning for growth is aconcept which stands for identifying the factors which enable an organisation to get grow anddeveloped in keen competitive market world. This project is based on Zirra whom are financialservice providers for start ups as well as provide accurate information about companies to theirinvestors. This corporation get founded in year 2014 and their total funding is around $2.3million. Official website of a company is zirra.com and their employees size are 20 (est)+6%(Zirra, 2017). This project evaluate impact of digital technology to this business which facilitatethem an option to bring their association at global level easily. This project includes keyconsiderations which an organisation have to include at the time of growth. Along with this,management require fund as well and for this analyse each factor properly. For growth,management needs to present business plan which have to get follow up in an appropriatemanner. TASK 1P1 Analysis of key consideration for growth opportunities in organisation contextEvery business work and making their operations effective with a purpose of gaininggrowth and development. Managers have to determine all growth opportunities which enablethem in making operations effective in nature. There are various risk factors always associatedwith development and opportunities but managers have to play their duties in an effectivemanner by preparing appropriate strategies (Barbour and Deakin, 2012). Following are severalkey considerations which have to take in account by management so that growth opportunitiesget grab in an effective and appropriate manner: Turnover: Measurement of growth only become possible through annual turnoverof business which facilitate an option to derive that are operations taking placeproperly. According to Zirra current funding context is 41.6 million which statesthat they are working in appropriate direction. Along with this, their number ofclients also get maximise . Market share: Whenever managers are going to take any growth oriented decision,association have to analyse market share of corporation. Market share of a1
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