Planning for Growth Assignment

UNIT 42
PLANNING
FOR GROWTH

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P.1 Key consideration and impact on digital technology.......................................................3
P.2 Ansoff ' growth matrix ....................................................................................................4
M.1 Growth............................................................................................................................6
D.1 Path way of growth in organisation.................................................................................6
TASK 2............................................................................................................................................6
P.3 Sources of organisation funding and benefit of source....................................................6
M.2 Potential source of funding.............................................................................................8
D.2 Fund based on organisation need.....................................................................................8
TASK 3............................................................................................................................................8
P.4 Develop a business plan...................................................................................................8
M.3 Details business plan.......................................................................................................9
D.3 Plan achieve business objective successfully..................................................................9
TASK 4..........................................................................................................................................10
P.5 Various way of small business.......................................................................................10
M.4 Recommendation .........................................................................................................11
D.4 Evaluate the exits and succession .................................................................................11
CONCLUSION .............................................................................................................................11
REFERENCE.................................................................................................................................11

INTRODUCTION
Invention is one of the fewest of the essence portion for little medium enterprise. In this
context innovation is help to increase the market growth. This written report is supported on the
impact of digital technology and assistance to indefinite quantity the securities' industry level. In
this way Liman Restaurant is small sector enterprise and basically located in united kingdom. In
this context innovation is help enhance planing for future development in market condition (Piro
and et.al 2016). In this report is focus on the small medium enterprise way of funding and growth
opportunities in market and make some changes at future time period. In small sector enterprise
giver some negative and positive impact on economic factor and such kind of impact is affected
organisation growth.
TASK 1
P.1 Key consideration and impact on digital technology
In small medium enterprise Liman Restaurant organisation is focus on modification the
level of carrying out and growth rate in market. This administration is focus on risk management,
regulatory complain and audit sector. Liman Restaurant chooses to group who demonstration
potential, and invests in development and preparation them (Li, Li, and Endter-Wada, 2017).
Small and mid size endeavour (SMEs) are not only embracer new technologies, but also
technologies appropriate for their organisation. By embrace digital transmutation, these
businesses are able to vie with larger challenger as they grow and prosper.
 Market share :- In this context of use market share is the fewest crucial factor to
consideration and assistance to indefinite quantity the level of execution in market. In
market share is also described the current market statues. Market share is also helped to
focusing on gain the number of client in market.
 Sale :- In this context sale is one of the most essential part in arrangement and help to
indefinite quantity the growing rate in securities industry (McRae and et.al 2016). To
addition sale volume, digital technology is most important to addition the activity share
and sales.
 Strategy :- In occupation place plan of action is assistance to increase market structure
and kind whatsoever natural event in work place. Strategy is help to take good
opportunities and brand some modification in Liman Restaurant system.

 Staff members :- In this context staff members is one of the most crucial part in
organization and assistance to indefinite quantity the level of carrying into action in
market (McRae and et.al 2016). In internal on the job situation is focus on each and every
staff member and focus on supply proper preparation to each staff member in work place.
 Finance :- In this context of use finance is one of the most all-important part in
organisation and assist to indefinite quantity the market share in Liman Restaurant
organisation. In working situation business enterprise is most essential part to enhance
working situation (Husain and et.al 2016). Commercial enterprise ration of organization
is assistance to addition the level of customer and make some change in on the job state
of affairs.
In all such consideration is one of the most essential part and make some profit in organisation.
In this context digital technology is most of import and makes some change in working state of
affairs. Digital technology is aid to addition the market and makes some change in working state
of affairs. All such thought is help to better the on the job state of affairs. Business plan of action
is the foundation and core competition of successful business. But there are different types of
concern scheme. The best business concern plan of action must steer a course betwixt the
inevitable inner pressure for business concern continuity and the economic process of a rapidly
ever-changing world.
P.2 Ansoff ' growth matrix
In small medium enterprise is to be focus on some matrix is use to importance the level
of carrying into action and assist to new product development in market. It is assistance to focal
point on commodity development, industry development and gain the activity share in structure.
In this manner such kind of plan of action is assist to increase the market share and make some
changes in Liman Restaurant arrangement growing (Tian and et.al 2016). This matrix is help to
digital technology to expand new marketplace in arrangement. In this matrix is to be focus on
improve the working environment and make some change for future development. In Ansoff'
matrix use such elements are as follows :-