Planning for Growth in SMEs: Evaluating Growth Opportunities, Funding Sources, and Business Plan
VerifiedAI Summary
This report discusses the basic considerations for evaluating growth opportunities in SMEs, including Ansoff's growth vector matrix and BCG matrix. It also assesses potential sources of funding and their benefits and drawbacks, such as internal and external sources of finance. Additionally, it covers designing a business plan for growth and assessing exit or succession options for small businesses. The report focuses on Connect Catering, a private limited small-sized company based in the UK.