Planning for Growth: Evaluating Opportunities, Business Plan, and Funding Sources

   

Added on  2023-01-09

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Planning for growth
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Planning for Growth: Evaluating Opportunities, Business Plan, and Funding Sources_1
Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
Key considerations for evaluating growth opportunities.............................................................3
Ansoff growth matrix..................................................................................................................6
Sources of funding.......................................................................................................................7
TASK 2............................................................................................................................................8
Business plan...............................................................................................................................8
TASK 3..........................................................................................................................................12
Exit and Succession strategies...................................................................................................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
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Planning for Growth: Evaluating Opportunities, Business Plan, and Funding Sources_2
INTRODUCTION
Planning for growth is regarded as the establishment of numerous policies as well as plan of
action within business practices for attaining the effective growth into market area. Moreover, it
is vital an aspects for entity which is interrelated with evaluation as well as performing towards
growth opportunities identification (Colomb and Tomaney, 2020). So, it is crucial for
organisation to plan their business activity in order to assure enterprise development within
dynamic surroundings. Additionally, this is significant element which has to be follow by
replicated business to assure efficacious competitive edge with planned sustainability within
market area in which firm operates. This report is based on Oak Cash & Carry, it operates into
groceries wholesale into United Kingdom market area. This topics covered in this report are key
consideration of growth opportunities, Ansoff’s growth matrix and sources of funding.
Moreover, business plan is prepared as well as exits or succession strategies are also described in
this report.
TASK 1
Key considerations for evaluating growth opportunities
Growth opportunities are considered as entity’s future ability for generating huge
profitability, expanding their personnel and productions. For SME’s such as Oak Cash & Carry,
this is very essential that venture operates appropriate evaluation of various main considerations
that would be additionally assists them to evaluate the opportunities of growth that is available
for them into marketplace.
In addition to this, there are various key considerations for respective organisation that is
vital for assessing its opportunities of growth. For instance, there are numerous analytical
frameworks that are being applied like PESTEL analysis and Porter’s generic strategies. Whole
these are discussed in respect of Oak Cash & Carry are:
PESTLE Analysis
Pestle Analysis is regarded as the analytical tool that is applied ineffective way to scan the
external surroundings which should be undertaken for effectually evaluate the opportunities of
growth that is available to entity’s outside its internal circle (Daniel, 2020). Respective
framework is described underneath:
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Planning for Growth: Evaluating Opportunities, Business Plan, and Funding Sources_3
Political factors: These aspects consider the whole political situation that is predominant
into UK country’s firm. Oak Cash & Carry perform their business into respective
country, its unstable political consideration as well as various trade restrictions within
Europe because of Brexit is not good for them. Although, Brexit do not impact the
Foreign Direct investment that is beneficial for respective entity for performing its
enterprise in more effective way rather than unstable political pressures.
Economical factors: These aspects include economic performance of country. Brexit
drive towards reducing into pound values that is a backlash for all business performing
into nation (Ferm and Raco, 2020). Although, unemployment is enhanced because of
various multinational entity had shutting down. So, it could be a benefit for Oak Cash &
Carry to recruit proficient staff that would contributes towards sustainability growth.
Social factors: Whole social attitudes, trends, beliefs and others are undertaken in these
factors. So, one of the prominent opportunity that is available for Oak Cash & Carry into
country is that there are maximisation in organic vegetable and another healthy grocery
items that could shift the choices of people towards respective entity if they facilitates
goods which suits the present trends.
Technological factors: These aspects are usually involves into various types of factors
which is enhancement into technologies, more utilisation of online system and others. In
respect of Oak Cash & Carry, they undertake various stores into United Kingdom
marketplace. For instance, it is using effectual technologies for its clients so that they can
simply buy through digital cards as well as obtain more customer satisfaction.
Legal factors: This always includes into various aspects such as government norms as
well as regulations. In this, firm needs to comply all norms as well as rules for developing
its position effectively into United Kingdom marketplace. So, entity such as Oak Cash &
Carry required complying whole laws like equality act and other in effective and efficient
way.
Environmental factors: This is related with surroundings and has direct impact on how
entity wholesale and distributes their goods. Within United Kingdom, there are numerous
aspects that showcased from government side as well as individuals in context of
environmental safety (Givoni and Perl, 2020). This is an opportunity that are related to
entity are eco- friendly and persuade not any damage to them.
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Planning for Growth: Evaluating Opportunities, Business Plan, and Funding Sources_4

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