Planning for Growth: Assessing Opportunities, Funding, Business Plan, and Exit Decisions

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Unit 42– Planning for
Growth
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Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Key considerations for assessing growth opportunities in an organisation......................3
P2 Evaluate growth opportunities for organisation by implementing required framework...6
TASK 2............................................................................................................................................7
P3 Assess different sources of funding that are available in the market for a firm...............7
TASK 3............................................................................................................................................8
P4 Design an appropriate business plan for an organisation..................................................8
TASK 4..........................................................................................................................................10
P5 Assess different exit or succession decisions for a small business.................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12
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INTRODUCTION
Planning for growth define as a crucial activity that aid to business owner to plan by
finding opportunities of growth from the market place to gain possible results. These activities
help to adopt changes as well as build distinctive image from their competitors who proved
valuable for gaining sustainability in marketplace. Respective report is based on the Rowlinson
knitwear which is a manufacturer of durable garments best suitable for the corporate branding
and personalisation for schools and clubs. Respective assignment is based on opportunities of
growth that justify in respect of organisation to gain possible results by using various theories
and practices. Further it includes the potential sources to gain funds by elaborating their
advantages and disadvantages. While an organisation planned for growth business plan
coordinate each and every event for attaining business goals. At last it includes the exit or
succession options for a small business with their benefits and drawbacks.
Investing in future:
TASK 1
P1 Key considerations for assessing growth opportunities in an organisation.
For an organisation it is essential to find out gaps and plan to enlarge business
opportunities in positive manner (Rondinelli, 2019). For enlarge business opportunities it is very
much crucial to build plans and policies in context of Rowlinson knitwear before enlarge
business opportunities it is very much crucial for them to identify their growth opportunities that
are as follows:
Competitive advantage:
It is most significant attribute for a firm to evaluate their areas of strength and
weaknesses accordingly build strategies and tactics (Robertson, 2019). The major areas of
strength in context of Rowlinson knitwear that they are very much popular within the people as
they only work in specific area of clothes that are corporate and school wears. They work on
specialisation of products and services that enhance demand of their products.
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