Planning for Growth

Planning for Growth

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1& TASK2............................................................................................................................4
TASK 3............................................................................................................................................6
P4 Developing a business plan including financial information and strategies objectives.........6
TASK 4............................................................................................................................................9
P5 Assessing exit or succession for small business along with explaining its benefits and
drawbacks....................................................................................................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Growth planning is a strategic activity and action that enables organisation and owners to
develop possible future plans for growth in order to seek improvement and enhancement in their
revenue and profit units. Planning is a fundamental activity which is undertaken by all different
types of organisations either small or big, as it allows the entity to allocate their limited resources
towards a centred effort to adapt according to the changes taking place in the business
environment and the industry. For this report a small business organisation is chosen name the
and known as Fontain motors. It is an automobile dealer and its line of business includes retail
sale of new and used automobiles as well as repair and maintenance services. The Fontain
Motors limited was founded in 1991 and operates in the UK. Main industry of the company is
retail industry and some industry is automobile. It occurs specialist fault finding and diagnostic
services the vehicles of top brands such as Audi, Skoda and Volkswagen. In this report, market
evaluation is conducted for identifying growth opportunities in context with the company by
using Porter’s Generic model and PESTLE analysis. Moving further in order to gain and adopt a
particular strategy which helps the organisation to attain competitive advantage ansoff matrix is
evaluated. Moreover, a thorough business plan is developed suggesting a growth opportunity for
the business and at the end succession planning processes are also suggested.

TASK 1& TASK2