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Planning for Growth: Key Considerations, Opportunities, and Financing

   

Added on  2023-01-13

15 Pages4896 Words84 Views
Leadership ManagementPolitical Science
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Planning for growth
Planning for Growth: Key Considerations, Opportunities, and Financing_1

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
P1 Analyse the key consideration for the evaluation of growth opportunities ..........................1
P2 Evaluate the opportunities and applying Ansoff growth vector matrix.................................4
P3 Potential sources for raising finance and their implications to the business..........................5
P4. Development of an appropriate and well-structured Business plan......................................7
P5 Succession and exit plan strategies for the company ............................................................9
CONCLUSION ...........................................................................................................................10
Planning for Growth: Key Considerations, Opportunities, and Financing_2

INTRODUCTION
Planning is the process of deciding in advance that what is to be done and it help in
deciding the course of action effectively. Planning help in gaining competitive advantages which
increase the growth in the business (Brinckmann and et., al., 2019). Growth is consider as the
important aspect and it is the strategic business activity which help the business to increase the
revenue and productivity of the company. The present report is based upon Oak cash & carry
which deals in grocery wholesalers company. It was founded in 2011 and head office is located
UK. Further this report covers about the advantage of competition which leads to expansion and
growth. Along with this, various kind of funds and their implication of the business is explained
effectively. The business plan also been executed in this report and the critical evaluation of exit
and succession option for the business.
MAIN BODY
P1 Analyse the key consideration for the evaluation of growth opportunities
For making proper planning and growth company has to indulge in research and
development process which aid in identifying the opportunities for improvement. For the
organisation it is essential to determine the macro and micro factors of the business environment
which can effectively acquire profitability for longer time duration. In the context of Oak cash
and Carry management should emphasis on different factor which aid in providing constant
growth and development.
Pestle analysis:
Political: This is the factor which include governance, regulation and different policies
which constantly effect the business activity of the company. In the country like UK the
government is stable as well supportive this provide edge for Oak cash & carry to operate the
business activities. Along with this government also provide funding for small companies in
order to improve the positioning of the company(Baran, P.A., 2019). Due to BREXIT the
business has got effected which aims to slow down revenue as well as sales of the firm.
Economical: This factor include fiscal policy, inflation rate and per capital income of
the country. The GDP of UK is developing which provide competitive advantage for SME
company like Oak cash & carry to sustain for the longer time duration(Lamker and et., al.,
2019). In order to minimize the inflation rate organisation must implement new policies and
Planning for Growth: Key Considerations, Opportunities, and Financing_3

trends which help in making effective decision for the company for betterment. The economical
condition is favorable in UK which aid in promoting business and attracting more and more
customer in well define manner.
Social: This component include customer age, gender and income of the particular
nation. In this present the taste and preferences are changing day by day so in this case company
has to act effectively towards changing environment (Brugère and et., al., 2019). In the context
of Oak cash & carry manager should identify the needs and wants of the people which aid in
reducing risk and uncertainty present in the market. Company has to deliver product and services
as per the changing trends in order to capture large market share.
Technological: This is consider most essential aspect for the company to meet the
technological needs. It include artificial intelligence and robotics which is used to improve the
efficacious in work along with maintaining demand supply. For small and medium company it is
difficult to use such big technology so in this case Oak cash and Carry can take help of
government for expansion and growth of the company. Further company use advertisement and
promotion strategies for gaining customer attention(Sarin, 2019).
Environmental: This has been recently focused as nation are worried about the
environmental issue create by organisation. This factor include carbon emission, waste and
pollution. So company like Oak cash and Carry ltd to focus on reducing the waste which help in
creating brand image in the minds of customer(Perloff and Wingo 2019). In UK there are
different rules and regulations are made which use to handle all these activities and also provide
protection to environment.
Legal: It include various kinds of laws and regulation which is made for the proper
functioning of the company (Hunt and DeVries 2019). This is also provide to avoid unethical
practices done by the organisation. Along with this also provide protection to employees and
their rights in effectively manner. In the context of Oak cash & carry to follow all the rules and
regulation which assist growth and sustainability for the company.
Pestle analysis is essential tool which is used by the organisation to understand the
external environment and make changes for improving market and to maintain constant growth.
In order to identify the solution for the internal environment organisation can use Porters generic
five forces model which is given below:
Planning for Growth: Key Considerations, Opportunities, and Financing_4

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