Planning for Growth: Evaluating Opportunities, Funding Sources, and Business Plan for Little Wonders Café

Planning for growth

Contents
INTRODUCTION.................................................................................................................................3
MAIN BODY........................................................................................................................................3
1.Analysing key considerations for evaluating growth opportunities and justify these considerations
within the company...........................................................................................................................3
2.Evaluating the opportunities for growth applying Ansoff’s growth matrix.....................................5
3. Assessing the potential sources of funding for organization with its benefits and drawbacks.......7
4. Business plan for growth which includes financial information and strategic objectives for
scaling up business..........................................................................................................................10
5. Exit and succession option for a small business with its benefits and drawbacks........................13
CONCLUSION...................................................................................................................................15
REFERENCES....................................................................................................................................17

INTRODUCTION
Planning for growth or growth planning refers to the strategic plan or the business
activities that makes the owners of the business to plan and have the track of the growth and
revenue of the firm. It makes the organization to allocate the limited resources and can have
changes and save the resources in order to grow at the good rate. The benefit of having the
planning for growth is to make the company to know about its contingencies and helps them
in order to overcome from them. This report is based on the Little wonders Café which is
situated in London. It is basically the small restaurant or the coffee shop that has to bring
some new food in their coffee shop. The organization has the good planning in order to grow
in the competitive market. The current report will outline the basis of the competitive
advantage for the business and will critically evaluate the opportunities that are available to
the organization. This report will also outline the Ansoff growth matrix in order to make the
firm grow in the market. Further with this, the report will evaluate the different sources of
funding that are available to the organization with its benefits and drawbacks. It will include
the business plan for the organization in order to bring something new in the market. At last,
this report will outline the different exit and succession option by stating its benefits and
drawbacks.
MAIN BODY
1.Analysing key considerations for evaluating growth opportunities and justify these
considerations within the company.
In today’s business environment, it is important to understand the factors which can
impact business operations and Influence the customer buying behaviour. By using effective

strategy, company can easily find out the strength and weaknesses and also evaluate its
opportunities for growth and threat which can impact negatively.
Source: (PESTLE analysis, 2022)
PESTEL analysis- it is a strategic method used by company to evaluate the external
factors of business environment by breaking down growth opportunities and risks into
various elements which includes:
Political- when company implement any decision they first look at the policies made by
government. Political factors like trade restrictions, tariffs and tax policy can influence the
business operations (Achinas and et.al., 2019). Government encourages free business trading
through different types of schemes. Before implementing any kind of decision Little Wonder
cafe, UK has to go through policies made by government and keep track on changing policies
which can impact core operations.
Economic- It has been said that economic condition can influence the business operation
and buying behaviour of people. If the customer is not having enough income they cannot
make purchase. Economic factors take into account the various aspects of the economy. This
can impact the business operations which includes inflation rate, unemployment rates,