Planning for Growth: Evaluating Opportunities and Funding Sources for Bold Street Coffee

Planning for growth

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Key consideration for evaluating growth opportunities...............................................................3
Evaluating opportunities for growth applying Ansoff's growth vector matrix ...........................6
Sources of funding with benefits and drawbacks........................................................................7
Business and action plan for Bold street coffee...........................................................................8
Assessing the exit and succession options for the business ans explaining the benefits and
drawbacks of each option...........................................................................................................12
CONCLUSION..............................................................................................................................13
REFERENCES................................................................................................................................1

INTRODUCTION
Planning for growth is related to the creating a strategic plan in order to more focus on
the preparing a realistic vision for future in context of maximizing the potential successful
business growth. It helps for development of goal setting and career plan which is necessary for
growth of the organization (Delani,2021). Present report is based on the Bold Street Coffee based
on UK that offer specially coffee with rotating blends on the menu also it is offer sandwiches,
lunch and dinner. In the report it included key considerations for SME by evaluating different
growth opportunity for the for company with the help of Ansoff Growth matrix. Also, it also
provides the potential sources of funding that are available to business in order to discuss the
benefit and drawbacks of each source. In addition to this, it also designs business plan that are
help for growth in order to include financial information and strategic objectives. In the last exit
and succession options for chosen company in orders to explain the benefits and drawbacks.
MAIN BODY
Key consideration for evaluating growth opportunities
A growth opportunity help company to providing different ways that help for
synthesizing market research and data for identifying opportunities in specific market or business
area bys formulating actionable strategy in order to realize the growth. For the chosen company
it is necessary for identify the opportunities that are help for development of new product line in
order to employment that is work on the basis of marketing techniques. Also, there are different
types of grow the business a business in niche market for operating other activities. VRIO and
Porter generic model are uses for identifying growth opportunities such as follows.
VRIO
This model is related to value, rarity imitability and organization that are set according to
the criteria of resources and capabilities. Also, it helps chosen company for analysing the
advantages and resources which are related to competitive edge (Chatzoglou, Sarigiannidis and
Theriou, 2018).
Valuable- When resources are valuable it helps for providing some part of benefits, that
are related to providing different types of dimensions of company that is not competitive
advantages and help to competitive parity with resources that is valuable for chosen company.
Rare- In this section it has been analysed that all the resources are including which are
related to the rare and valuable resource that help company for giving competitive edge. Also,

for the chosen company it provides good quality of product as well as it is offering wide variety
of coffee that are import from other location. In UK organization has realised that it is temporary
competitive advantages.
Hard top imitate- There are some resources which are hard to initiate on the basis of
extremely expensive for other company for acquire them such as ambiance of Bold Street Coffee
help to attract large number of customers as well as it is protected by legal means such as patents
trademarks. However, company can be organized in order to fully take the advantages of unused
resources.
Organized to capture value- The organization resource are help for capturing value in
order to mores focus on support the process, structure and culture of organisation. Only
organization can capture the value by sustaining the competitive advantages (Firoz Suleman,
Rashidirad and Firoz Suleman, 2019).
Financial resources Human resources Material resources Non-material
resources
 Shares
 Bonds
 money
 Debentures
 People
Knowledge
 People skill
 Machinery
 Equipment
 Raw materials
 Facilities
 Brand name
 Intellectual
property
 patents
valuable Rare imitate organized
Competitive
parity
yes no
Temporary
competitive
advantages
yes yes no
Unused
competitive
advantages
Yes yes no
Long term yes yes yes no