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Planning for Growth INTRODUCTION 1 TASK 11 P1 Growth opportunities and impact on the digital technology

   

Added on  2020-07-23

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Planning for Growth

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Growth opportunities and impact on the digital technology.............................................1P2 Application of the Ansoff matrix......................................................................................4TASK 2............................................................................................................................................5P3 Sources of funding and its advantages and disadvantages................................................5TASK 3............................................................................................................................................7P4 Design and plan of the growth for the financial information............................................7TASK 4............................................................................................................................................9P5 Exit and success option for the small business.................................................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11

INTRODUCTIONPlanning is the first stage or function of the management, which is key part of theorganisation. Every venture need to plan their activities so that they can lead according to plansand can achieve the desired objectives and aim. Other than that venture need to maintainsustainability in the business so that they can cater the needs and wants of the customers. Inorder to maintain sustainability in the organisation, venture need to plan their desired outcomesso that they can able to gain competitive advantage. Customers attraction and competitiveadvantage is the most important factors which helps the business to gain success. Other thatorganisation need to hire expert in the business so that they can able to maintain all theoperations effectively and effectively. Experts are taking their best place in the organisation inorder to place their effectively skills in the planning of organisation activities. For this reportTelon outdoor have been selected. Through consist effective planning, the organisation able toarrange fund for their development and ascertain more profit. For gaining insight knowledgetowards the company, present report covers effective understanding regarding differentresources.TASK 1P1 Growth opportunities and impact on the digital technologyGrowth is very important aspect for the organisation which helps the business to haveeffective success. Every venture want to have success in their business in the market place sothat they can able to move forward from the competition. In order to have growth, Telon outdoorhave been focusing on the different and innovative application. There are several media tools toascertain effective results at workplace. There are several opportunities and growth perspectivewhich are existing in the organisation so that the business activities can be conducted ininnovative manner. Other than that collecting working is also important task for the employeesin order to implement innovative things in the organisation. With that marketing is the way bywhich venture can attract and retain large number of customers. Nowadays digital marketing isplaying very significant role in promoting products and services in the marketing (Choi andChung, 2017).It can be said that digital marketing is the biggest opportunities in the market so thatorganisation can promote their brand in the market and create the awareness of the products and1

services. There are different platforms that are included in the digital marketing such as socialmedia marketing, content writing, search engine optimization etc. When it comes to the socialmedia marketing there arr different sources such as Facebook, Instagram etc. As this is the worldof digitalisation, people are communicating and connecting with the different people with thehelp of social media platforms. This is the way by which communication have become very easyand fast. In the recent time when one person want to send some message to other people, it wasvery difficult and time consuming. But now nowadays when one person want to transfer themessage, then it has become very easy and fast. This opportunity has been grasped by theorganisation and they have started communicating and connecting with the target market withthe digital platforms (Gurran and Bramley, 2017). Now organisation have created their officialpage on the different social media platforms and with the help of it they are communicating withthe customers. It can be said that it is the way by which mass customers can be attracted andretained. The chosen venture can also work with media agency to work as per their partner andother members working. In this regard, they are planning different activities that assists tomanage work and performances in systematic and effective perception. There are more that 84employees that are working in the organisation which helps the management to focus on thedifferent aim and objectives in order to attain innovation in the business. Other than thatmarketing campaign have been created by the organisation in an innovative manner so that theycan create the social awareness in the customers. In this way, famous campaign also organisedby the business is Play Station 4. Therefore, in London there are Oxo Tower light up withseveral games circle. Further, various campaign also created which have key famous for sparkedPepsi Max’s so that advertising activities enhances to create creative results and brand image inthe competitive market (Hui and Tsang, 2016). Other than that it have been known that there are several financial problems that arebeing faced by the organisation which need to solve in proper time. If financial problems are notsolved on time, then the venture can face huge loss. It is very significant for the venture tomaintain sustainability so that they can resolve all the financial issues of the organisation. In thisway, financial problems will be resolve that assists to expand business in different areas of theworld. Outdoor advertisement is also important for the business so that the organisation canattract those customers who do not use internet. There are several people organisation which are2

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