Planning for Growth in Small and Medium Enterprises

PLANNING FOR
GROWTH

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................4
P1- Analyse key considerations for evaluating growth opportunities and justify these
considerations within an organizational context.........................................................................4
P2- Assess the opportunities for growth by implementing the Ansoff growth vector matrix. . .7
Ansoff matrix .............................................................................................................................7
P3- Evaluate the possible sources of funding available to businesses and discuss benefits and
disadvantage of each source........................................................................................................8
P4- Design a plan of business for growth that includes financial information and strategic
objectives for scaling up a business..........................................................................................11
P5- Elaborate exit or succession choice for a small business explaining the benefits and
drawbacks of each option..........................................................................................................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................15

INTRODUCTION
The term planning is the procedure which is required in accomplishing the desired goal.
It includes the involvement of the logic and the vision while making the plan and the objectives
for the growth of the future. It provide assistance in recognizing the goal and in achieving it.
Growth planning aid the manpower to develop personally and inspire the employees in knowing
their strength and amend their week spots. Planning for the business's growth is crucial for every
kinds of business's. In the economies which is developing, there the rate of employment has been
improved because in the case when the huge organisation laying there workers off then the
industries which are at the small level is creating more jobs. This paper is regarding the PRESS
London and the co-founder of the organisation is Georgie and Ed in 2014, and there headquarter
is situated in London, United Kingdom. Presently, in the organisation there are 700 stocklists
independently working in entire United Kingdom. The organisation is in the manufacturing of
freshly cold pressed juices which is nutrient-dense and food which is healthy.
MAIN BODY
P1- Analyse key considerations for evaluating growth opportunities and justify these
considerations within an organizational context.
The small and medium size enterprise is assist in boosting the nations economy by
generating surplus revenue and employment. Growth is the key component for the business's in
regard to survive for longer duration in the market. Growth will assist the business's houses in
acquiring more assets and hire newer talent. The business's growth will too increased the
performance of the business's and their profits. In the developing nations the SME's will improve
the rate of the employment(Anwar, and Shah, 2021).
Competitive advantage- When the organisation posses the ability to manufacture the products
with better efficiently and effectively in comparison to the other organisation and their sectors
competitors, which will at the end lead in generating better profit margins and growth
development.
PESTLE analysis
The analysis of the PESTLE explains the factors which are externals such as political,
economical, related to technology, in regard to legal as well as environmental. The mentioned

analysis is implemented by the organisation to analyse the wholesome growth and provide
assistance in the strategic decision making.
 Political factors- The PRESS London is the organisation which is based out of London
United Kingdom. United Kingdom is known as the one of the powerful nation at the
global level. The government of United Kingdom doing good in restricting the
corruptions and have the stable government. The prime impact that the PRESS London is
faced in the event of the BREEXIT from the union of the Europe. Due to that there profit
decreased for shorter durations(Cavaleri, and Shabana, 2018) .
 Economic factors- the factors of the economic which comprises the rate of the
employment, alteration in the rate of exchange and taxes. The mentioned factors are
affecting the organisation indirectly. The external factors of the economic will influence
the buying essentials in regard to the business's and consumers. The PRESS London is
the organisation who are producing the cold press juices and foods that are in the healthy
category(Cleberg, 2019). They importing their raw materials from another countries so
in case any changes in the rate of taxes will impact the end price of the goods.
 Social factors- Each and every day, the customers preferences is happens to change. It is
the factor which influence the customer habits and their spendings. The PRESS London
must modify their goods in accordance with the taste and preferences of their consumers.
They can use the social media to advertise their goods.
 Technological factors- this is the factor in which the technology and innovation has been
implemented by the organisation. It is crucial to have technology which is latest and that
will assist them in controlling their prices and gave the higher yield. It aid them in adding
new consumers to their customer base.
 Legal factors- The legal factors influence the business's operation in the each phase
from creating a business to in employee's hiring process and in product selling. There are
several laws and safety laws which are there in United Kingdom which must be abide by
the organisations. PRESS London must abide by every laws such as food and safety law
and labour laws.
 Environmental factors- in the United Kingdom, the air pollution is the huge threat for
environment. The factors related to environment such as change in climate, natural
disasters and supply chain disruption because of pollution and in also impact the raw