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Planning for Growth Assignment - Oak Cash & Carry

   

Added on  2020-10-22

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Planning for Growth
Planning for Growth Assignment - Oak Cash & Carry_1
Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Analyse key considerations for evaluating growth opportunities.....................................1
P2 Evaluate the opportunities for growth applying Ansoff’s growth vector matrix..............4
TASK 2 ...........................................................................................................................................7
P3 Potential sources of funding.............................................................................................7
TASK 3 ...........................................................................................................................................8
P4 Design a business plan......................................................................................................8
TASK 4..........................................................................................................................................11
P5 Assess exit or succession options for a small business...................................................11
CONCLUSION..............................................................................................................................12
REFRENCES.................................................................................................................................13
Planning for Growth Assignment - Oak Cash & Carry_2
INTRODUCTION
The planning for growth refers to make an effective as well as efficient strategies which
are supportive to carry out operational activities in proper manner. Preparation of an appropriate
plan of action provide correct direction to business which facilitate to gain better productivity on
regular basis. It is necessary to build more accurate techgniq1ues or policies that provide support
to conduct different functional procedures properly to attain desired outcomes (Barbour and
Deakin, 2012). This report is based on Oak Cash & Carry that deals in wholesaling and provides
non-specialised wholesale of food, beverages and tobacco. It was founded in the year around
2000 and registered office is situated in Banbury, UK. The given assignment will discuss about
key considerations for evaluating growth importunities through implementing Ansoff's growth
vector matrix. It also involves explanation for various potential sources of funding along with
their benefits and drawbacks. The design of business plan including financial information and
strategic objectives is defined below.
TASK 1
P1 Analyse key considerations for evaluating growth opportunities
The growth opportunities are necessary to be determined by companies so that they can
grab them at correct time to gain benefits. There are various kinds of possibilities to improve
productivity as well as profitability which introduced introduced different trends of market. The
firms have to observe and analyse fashion of market place and then build more effective
strategies to conduct different operational activities in proper way to gain better outcomes on
daily basis. The Oak Cash & Carry have variety of products in which they can boost up their
features or improve attractiveness of packaging that will facilitate to increase brand of an
enterprise. It is important to carried out an efficient analysis of such factors that can be
considered for evaluating growth opportunities that is beneficial for company (Beatley, 2014).
Oak Cash & Carry should focus of some elements which are as follows:
Competitive advantage: This can be described as to build several effective strategies to
conduct production process in correct manner and manufacture an appropriate product. It is
necessary to improve supply chain management for supplying an accurate amount of goods to
different geographical areas as per demands of customers properly. It is necessary to make
product available for people so that they will prefer same brand repeatedly. It will help to boost
1
Planning for Growth Assignment - Oak Cash & Carry_3
up good will and attract more number of clients that facilitates to gain better profits. The Oak
Cash & Carry have to focus on quality of products and technique of production which should be
improved by utilising advanced technology to increase effectiveness of goods which is helpful to
satisfy expectations of consumers.
Resources and capabilities Core competencies
The utilisation of available resources should be
optimum fir attaining maximum outcomes
(Chen and et. al., 2014). It is essential to build
an appropriate technique or policy that helps to
consume difference sources effectively to get
an appropriate productivity. Oak Cash & Carry
have an efficient strategy of using advanced
technological machines that manufacture
goods in proper manner to facilitate supply of
products as per demands of customers.
The core competencies includes several factors
in which an enterprise open doors for new
opportunities, contribute greatly to stakeholder
value and use such techniques that cannot be
copied by competitors/. These elements
provides certain benefits like sustainable
competitive advantage, differentiate customer
value and access to wide range of markets. The
Oak Cash & Carry must focus on those
components that helps to improve brand image
of company.
PESTEL Analysis
The PESTEL analysis refers to study of several factors such as political, economical,
social, technological, environmental and legal to run business properly. It is essential to observe,
analyse and evaluate all these components to conduct operational activities in correct manner to
create better productivity as well as profitability for achieving success.
Political: This refers about several political parties that has their on rules or norms which
are required to be followed by firms for conducting operational activities. Politically
stable condition of that particular place where the business is carried out because it
facilitates to generate desired production of goods properly (Eddleston and et. al., 2013).
Thus, Oak Cash & Carry is required to analyse this factor and build plan of action by
kept in mind about political situation of particular area that helps to gain better growth of
business.
Economic: The economic factor includes certain elements such as taxation, interest rate,
inflation, currency exchange and unemployment rates may change in different situations
2
Planning for Growth Assignment - Oak Cash & Carry_4

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