Planning for Growth: Analyzing Considerations and Evaluating Opportunities

Planning
For Growth

Table of Contents
Introduction: ....................................................................................................................................1
LO1: ..............................................................................................................................................1
P1: Analyse key consideration for evaluating growth opportunities :...................................1
P2: Evaluate the opportunities for the growth applying Ansoff growth vector matrix..........4
M1: examine the BCG matrix...............................................................................................6
LO 2:................................................................................................................................................7
P3: Assess the potential sources of funding for the business and benefit and drawback of
each source.............................................................................................................................7
M2: Evaluate the potential source of funding: ....................................................................8
LO 3: ...............................................................................................................................................8
P4: Design a business plan for the growth that includes financial information and strategies
objectives. ........................................................................................................................8
M3: The strategies for the having business strategies. .......................................................10
LO 4...............................................................................................................................................10
P5: Assess exit and succession options for small business explaining the benefits and
drawback .............................................................................................................................10
M4: Examine the exit and succession of business ............................................................11
Conclusions: ........................................................................................................................11
Reference:......................................................................................................................................12

Introduction:
Planning is defined as a step by step process which are to be followed to attain the goals
and objective of the organisation. With the effective planning a company can lead to
development and growth of the business activities. An organisation can take competitive
advantages at the market place by following the producers set by the manager and leader in the
management team so that profits can be earned in the longer period of time. The planning is a
effective strategies which helps in increasing the market share and have a good reputation in the
marketplace. Under this report, the RGB communication, having head office in the Berkshire,
UK market. This company is offering the different product such as projectors, house-ware,
docking stations and home cinema and Audio-visual % etc, to its target marketplace. Further
Ansoff martix is used to expand the business operations. Examining various funding sources
which will help in growing their business at next level.(Wu, 2015)
LO1:
P1: Analyse key consideration for evaluating growth opportunities :
The growth in any organisation can be seen in the term of increasing in the size and
scope of the organisation in the target market and company are able to enhance their
productivity by increasing the market share. In the context of RGB communication, offers
various type of the product and service to increase their businesses activities in the worldwide.
The RGB communication have larger market share in the UK market and have a opportunities
to grow its activities at international levels.
Competitive advantages:
The RGB communication makes strategies which helps them to achieve competitive position by
having effective goods and services at the lower price rates. Some of the competing benefit are
stated as follows: (Gatukui and Katuse, 2014)
Capabilities: The companies are able to produce the unique product and service so that
they can be reach out to larger audience in the market. For example The RGB communication
uses its capabilities to reach out to larger customer.
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