Planning for Growth

Planning for Growth

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1 & TASK2 ..........................................................................................................................2
TASK 3............................................................................................................................................5
P4/M3 Preparation of Business plan for growth....................................................................5
D3 Demonstrating the knowledge and understand of the business plan formulated above...7
TASK 4............................................................................................................................................7
P5 Assessing exit or success options for SME's along with their advantage and disadvantages7
M4 Evaluation of exit or succession options for Ella's Kitchen by comparing and contrasting
and making valid recommendations.......................................................................................9
D4 Critical evaluation of exit and success options for Ella's Kitchen....................................9
CONCLUSION ...............................................................................................................................9
REFERENCES .............................................................................................................................10

INTRODUCTION
Growth is one of the most important factor for success of company as it is necessary to
survive and sustain in aggressively competitive market environment. In order grow,
organisations needs to develop plans for exploring all available growth opportunities. Planning is
an an essential stage by which every types and size or business owner go through. These plan are
made for effectively operating of company's activities in order to attain all predetermined
objectives. Numerous plans are developed when an organisation plan to grow and tap into new
market either national or international (Hu, 2016). This report is developed on Ella's Kitchen,
which is a organisation who deals in or make organic baby food and toddler food products. The
company make sales through supermarkets rather than from their retail stores. Ella's kitchen was
established in 2006 by Paul Lindley, have only 62 employees which bring it in category of small
and medium sized business. Ella's kitchen is headquartered in Oxfordshire, UK and serves in few
international markets. This assignment covers, evaluation of growth opportunities, various
methods of accessing funds and development of business plan. Moreover, it include different
ways through which a small business owner can exit their business.
1

TASK 1 & TASK2
2