Planning for Growth: A Strategic Plan for Marshfield Bakery

Planning for growth

Table of Content.
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
P1 Key considerations for evaluating growth opportunities in the organization ........................1
P2 Evaluate opportunities for its growth by application of Ansoff’s growth vector matrix........2
M1 Discuss option for the growth using framework to bring understanding of the competitive
advantages in organization...........................................................................................................3
D1 Evaluation of pathways for the growth in account of risk and how they mitigate...............4
P3 describe various form of funding rootage addressable in the business and analyse its
associated profit or drawbacks. ..................................................................................................4
M2 Evaluate potential sources of funding and justification for the adoption of the appropriate
source of fund..............................................................................................................................5
D2 Critically supply the various source of funding available while giving the appropriate
justification for the adopted form. .............................................................................................5
P4 Plan the growth plan for the Marshfield bakery for growth which includes various
strategical or the financial panning for the organisation. ..........................................................6
M3 Acquire the accurate business plan for the organisation by applying the various strategies
or framework to carry out the growth..........................................................................................7
D3 Provide in-depth business plan to breakthrough business objective in the approachable
manner. .......................................................................................................................................7
P5 Explicate succession or exit plan for the small business enterprise while provided their
associated drawbacks or benefits. ...............................................................................................8
M4 Evaluate the succession or exit plan for the small business firm to make the valid
recommendation for the growth and development......................................................................9
D4 Formulate the critical assessment for the exit or succession action for small business
organization and provide accurate action that are taken while provide the recommended
execution for it. ...........................................................................................................................9
CONCLUSION ..................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Growth planning is the strategic plan which gives a effective pathway to the business to
move towards the direct direction and increases the growth potential of the business. It can
identify the various opportunities which can provides more benefit to the organization and helps
in expanding the business for future. Panning strategy helps in setting the goals and achieving the
targeted goals. Effective growth strategic plan helps in identifying new opportunities for growing
business at internation level and providing the best service to increasing more customers. Strong
growth plan helps in setting the goals which can leads to increase the productivity of the
business. Marshfield bakery which is the bakery industry situated in United Kingdom develops a
strategic plan which can helps in enhancing their business productivity. This bakery delivery the
best quality food to the customers according to their needs. This projects covers opportunities for
growth by applying the Ansoff's growth vector method, potential sources of funding and
business plan for financial information. Lastly it also covers the exit and succession plan for
small business (Achinas and et. al., 2019).
MAIN BODY
P1 Key considerations for evaluating growth opportunities in the organization
There are various consideration which can helps in analysing the opportunities for growth
and various pathways for development of strategic plan and provides a bigger opportunities to
participate in competitive. Marshfield bakery uses the PESTLE analysis and porter's five force
of models which includes:-
PESTLE analysis:-It can analysis the external factors of the business environment that influences
the organization. This is most popular tools for the business organization which provides the best
strategic plan to the organization. There are various factors which includes in PESTLE
analysis :-
Political factor:- This factor describes the government rules and guidelines to run the
business because the guidelines includes the implement the special ethical code for the food
supplier industry. Marshfield bakery follow the guidelines for government and delivery the best
quality food product among the customers (Zanjani and et. al., 2020).
Economic factors:- This factor describes the financial state of the organization and also
represent the economy factors which can negativity affect the business environment. Marshfield
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