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Planning For Growth

   

Added on  2023-01-12

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Planning For Growth

Table of Contents
INTRODUCTION...........................................................................................................................1
LO1..................................................................................................................................................1
P1) Key considerations for evaluating growth opportunities together with justification.......1

M1) Understanding of competitive advantage within an organisational context...................3
P2) Analysis of Opportunities for growth applying Ansoff's growth vector matrix..............3
D1) Evaluation of specific option and pathway for growth...................................................5
LO 2.................................................................................................................................................6
P3) Potential sources of finance together with its merits and demerits of sources................6
M2) Evaluation of potential sources of funding for a given organisational context..............7
D2) Critically evaluation of potential sources of funding with justification for adoption of a
particular source or combination of sources...........................................................................8
LO 3.................................................................................................................................................8
P4) Business plan including financial information................................................................8
M3) Business plan with appropriate framework to achieve objectives................................10
D3) Business plan to achieve business objectives successfully...........................................11
The business plan made by Kaffeine to achieve its business objective successfully includes
use of effective controlling and monitoring measures a description of which is provided
below:...................................................................................................................................11
LO 4...............................................................................................................................................12
P5) Assessment of exit or succession options for a small business along with the merits and
demerits of every option.......................................................................................................12
M4) Evaluation of exit or succession option........................................................................13
D4) Recommendations to adopt an appropriate course of action.........................................13
Conclusion.....................................................................................................................................13
REFERENCES..............................................................................................................................15

INTRODUCTION
Planning is considered as one of the most vital function of an organisation that is
necessary in order to conduct business activities in more effective way to achieve organisational
goal on time. Planning for growth is a crucial strategic business activity that makes a business
capable to have better plans and strategies to track growth and success for their organisation
through optimum and effective use of its business resources to remain competitive and keep a
balance with changing business environment (Abolhasani and et. al., 2016). This assignment is
based on Kaffeine which is a local coffee shop in UK situated in two locations of London. It is
consider as one of the best coffee-bar food in London incredibly popular in local people which
mostly consist young office workers and offering a variety of coffee, salads, sandwiches and
other food items (Kaffeine, 2017).
This assignment includes a description about key consideration for evaluating growth
opportunity together with application of Ansoff growth matrix. Further various methods that can
be adopted by organisation to access funding are also included. Along with this, a business plan
for growth together with financial information is also there. At last, this report also consists a
description about exist or succession options for a small business.
LO1
P1) Key considerations for evaluating growth opportunities together with justification
Every organisation either big or small intend at having better growth and expansion in
order to maximize its profit margin and avail other benefits (Ahmed and Bramley, 2015). The
key considerations for growth include the competencies and strengths of organisations that make
it capable to garb business opportunities. Kaffeine is a small coffee house situated in London that
is having following key advantages to grab business opportunities and expands its operation:
Resource: The recourses of Kaffeine include its skilled manpower together with its
excellent physical, technological and financial aspects. All these contributes in achieving the
desired goal and objective of Kaffeine.
Capability: Kaffeine is capable of offering a wide range of hot drinks and tasty food
items and snacks that enhance its competencies and makes it able to meet the demands and desire
of its customers at an affordable price.
1

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