Planning for Growth: Designing a Business Plan and Exit Strategy for Small Businesses

PLANNING FOR
GROWTH

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1 ...........................................................................................................................................3
Covered in Brochure....................................................................................................................3
TASK 2............................................................................................................................................3
P4, M3 & D3: Design business plan for the growth that includes financial information and
strategic objective of a business...................................................................................................3
TASK 3............................................................................................................................................7
P5: Succession or exit plan for small business with its advantages and disadvantages .............7
M4: Evaluation of exit and succession option.............................................................................9
D4: Exit and succession option for small business and course of action...................................10
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Planning is the core business activity which is associated in the better allocation of
resources by taking the predetermined actions for the overall growth and development. It involve
constant review of performance based on which strategies are prepared to overcome the negative
implications associated with the dynamic environment. Growth planning comprises of the
ongoing business activities which is the driving factor and help to add value by leading to
revenue generation. For the better understanding of report B-Lands consulting firm has been
selected which formulate various contract and work for the defined cause. Currently, the
company has indulged contract with Economic board of UK and the purpose of this contract is to
provide the base to SMEs so that they can plan for the growth and development. This report
involve topics like key growth opportunities for the SMEs and access various methods that can
help the organisation to access funds fort diverse cause. Along with that develop suitable
business plan that help to scale up the business. Further, explanation of exit options in case of
diverse situation are covered in the report.
TASK 1