Planning for Growth: Business Plan and Succession Strategy for Softwire

PLANNING
for
GROWTH

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1 &TASK 2...........................................................................................................................2
TASK 3............................................................................................................................................7
P4 & M3 Business plan for the growth and evaluation .........................................................7
TASK 4..........................................................................................................................................10
P5: Exit or succession strategy for Softwire with benefits and drawbacks..........................10
M4- Evaluation of exit or succession option for the SME by comparing and contrasting it with
recommendation...................................................................................................................11
D4- Critical evaluation of succession option for the SME with appropriate course of action11
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Planning is the process of deciding in advance the course of action to be achieved in a
particular period of a time (Sweeney, 2019). Softwire company is one of the leading SME in UK
which deals with software designs, digital solutions and advisory services to some of the UK's
popular brands. The aim is to serve the clients in a best possible manner by providing high level
software designs.
The report covers key aspects of growth using Ans off matrix in the context of Softwire.
There are different sources of finance through which firm can meet the financial requirement.
The report provides a detailed structure of business plan of Softwire firm in UK and its
objectives, financial plan and the complete overview of a company. This report comprises of
comparative evaluation of exit or succession methods of a concerned firm.
TASK 1 &TASK 2
1

2