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Planning for growth

   

Added on  2022-11-28

17 Pages5063 Words68 Views
Political Science
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PLANING FOR GROWTH
Planning for growth_1

INTRODUCTION...........................................................................................................................4
LO1..................................................................................................................................................4
P1 Analyze key considerations for evaluating growth opportunities and justify these
considerations within an organizational context..........................................................................4
P2 Evaluate the growth opportunities by Ansoff matrix.............................................................7
LO2..................................................................................................................................................8
P3 Sources of funding and its advantages and disadvantages.....................................................8
LO3................................................................................................................................................10
P4 Build a business plan of an organization for growth and scaling up a business..................10
LO4................................................................................................................................................14
P5 Exit and succession option for small business with its benefits and drawbacks..................14
CONCLUSION..............................................................................................................................15
REFRENCES.................................................................................................................................16
Planning for growth_2

Planning for growth_3

INTRODUCTION
Planning for growth is the term which is been used within a business in order to form
strategy which has been used for ensuring that business enterprise makes plan and strategy in
order to gain profit and revenue from the business. This has been helping in adopting of changes
within a business or industry which makes efficiency in utilization of resources possible. This
process helps in adopting changes within the industry and has helped in using resource in more
effective manner which has helped in gaining growth within the organization. Organization that
has been taken is an SME which is oak cash and carry this has been set in 2000 in banbury.
Medicine wholesale shop with sales product related to food other items which have to be used on
day today purposes. In this report things covered is based upon growth within an organization
and different kinds of sources for building a business plan over increasing profit margins. Then
business plan is covered for making growth and revenue increased. In the end exit plan is been
suggested over the firm.
LO1
P1 Analyze key considerations for evaluating growth opportunities and justify
these considerations within an organizational context.
In today's environment all kinds of business organization is required over earning profit
and attain growth through selling of its product to customers. This is very much required over
making evaluation in terms of growth opportunity for and SME. Oak cash and carry’s manager is
required over evaluating opportunities for growth in order to make sure that long term survival is
been attained within market (Ruparathna and et. al., 2017). For becoming successful an
organization requires over attaining success with new product and making expansion with
exploration possible within market in new area or local market. It is an examination of
possibilities what the managers which has held in growth for this purpose Boston consultancy
group model is been applied which has been explained as follows:
Bostan consultancy group matrix
BCG matrix the Matrix has been formed by Bruce Anderson 1970. The matrix is been
used for developing of strategic plan which helps in attaining knowledge over product and
services in relation to performance with growth and market share.
Planning for growth_4

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