Planning for growth

Planning for growth

Table of Contents
INTRODUCTION...........................................................................................................................1
Task 1...............................................................................................................................................1
P1 Determination of growth opportunities and justification.......................................................1
P2 Evaluation of growth opportunities by applying Ansoff growth Matrix................................3
Task 2...............................................................................................................................................4
P3 Potential sources of funding which are available in businesses.............................................4
Task 3...............................................................................................................................................5
P4 A business plan for growing the business by involving financial information and strategic
planning.......................................................................................................................................5
Task 4...............................................................................................................................................7
P5 Assess the exit and succession option for small business by explaining the benefits............7

INTRODUCTION
A small business is said to an organisation which is understanding the needs and wants of
customers in small areas and provide them products accordingly. This is important for
management to focus on their activities and function so it can be operated properly (Cowan and
Eder, 2020). In competitive business environment it is suggested to management to take the key
consideration which can help to take growth opportunities and enhance the business in other
country. This report is based on The Coffee Roasters that is small size organisation in UK
providing special coffee to customers with different flavours which attracts customers and
operating the business. For taking growth opportunities and expanding business this organisation
is making plans and arranges funds which helps to maintain the activities. This report covers
understanding about key consideration for evaluating growth opportunities, assessment of
potential funding resources and a business plan by involving financial resources and strategic
objectives.
Task 1
P1 Determination of growth opportunities and justification
A business is required to focus on their activities and function which can help to operate
the business and maintain the profitability by growing the business. This is important for
organisation to manage their activities by understanding customer demand which can help to
operate the business (Heymann and et. al., 2019). Every companies wants to grow their business
buy entering in to larger market and filling the customer’s needs. The Coffee Roasters is small
organisation, providing coffee in UK’s that wants to increase their sale and business
opportunities by expanding business in other country and places. For growth opportunities
PESTLE analysis is uses by such organisation that are as defined:
PESTLE analysis – This is a tool which uses by small and larger size organisation for
operating business and finding which factor can affect their business activities. This helps to
state how each factor can impacted on activities and how it can manage the performance. In
context to The Coffee Roasters, this analysis is defined below:
Political factor – This factor is defining political rules and regulation which are made by
government involving trade tariffs, tax rates, labour regulations, government rules and regulation
that are important to follow. In UK, there are free trade tariffs and low tax rates which are giving
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