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Planning for Growth Assignment - (Doc)

   

Added on  2020-10-05

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PLANNING FORGROWTH
Planning for Growth Assignment - (Doc)_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1LO1..................................................................................................................................................1P1 Key consideration for growth opportunities evaluation for Southern Business Technologies................................................................................................................................................1P2 Application of Ansoff growth matrix to evaluate growth opportunities...........................4M1 Implication of analytical framework for competitive advantage.....................................6D1 Evaluation of specific options and pathways for growth.................................................7LO2..................................................................................................................................................7P3 Ascertaining the potential sources of funding for Southern Business Technologies........7M2 Justifying the adoption of appropriate sources of funding...............................................9D2 Critically evaluation over sources of funding based on several arguments...................10LO3................................................................................................................................................10P4 Developing a satisfactory business plan for scaling up objectives of Southern BusinessTechnologies.........................................................................................................................10M3 Designing an appropriate business plan.........................................................................13D3 Presenting the coherent details relevant with business plan...........................................13LO4................................................................................................................................................14P5) Assess an exit or succession options for a small business explaining its benefits anddrawback...............................................................................................................................14M4 Recommendation of succession options for a small business.......................................15D4 Justification and recommendation relevant with succession of business.......................16CONCLUSION..............................................................................................................................16REFERENCES..............................................................................................................................17
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INTRODUCTIONPlanning and developing the strategies plays main role in ascertaining the impacts ofvarious operational activities. It enables the managerial professionals in analysing the currentmarket requirements as well as determining the internal efficiencies to meet such demands andwants of consumers. In the present report there will be discussion based on analysing the internalbusiness scenario of Southern Business Technologies and making suggesting decision for betterexpansion of the operational functions of entity. Moreover, it consists of various plans andoperations that will be adequate and efficient for the entity in terms of meeting the goals. Therewill be used of various models, growth matrix etc. which in context with makes suitable plans forfetching effective business opportunities.LO1P1 Key consideration for growth opportunities evaluation for Southern Business TechnologiesTo develop the fruitful operations in the business which is consisted of various plans andoperations that are needed to be determined. Thus, such identification will be assistive as peridentifying various opportunities for growth. In relation with demonstrating the effective growthplans and opportunities for Southern Business Technologies there is need to have considerationover various factors such as:Financial Feasibility:To demonstrate and identify the financial aspects of the business which are consists onvarious records in the accounting books and the financial statements. Thus, the demonstrationbased on identifying ability of firm in making investments as well as meeting its debts. It alsocomprised with analysing the short and long-term solvency which will be attractive top investorsin terms of investments decisions (Light and et.al, 2017). On the other side, a sound economiccondition of entity will be assistive as per meeting the targeted aims in the right time as well as itenables firm in over coming from debts. Hence, analysing the revenue, expenses, capitalstructure and reserves for the future will be helpful for better acknowledgement about financialaspects for Southern Business Technologies.Risk assessment:1
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There are always been risks which are associated with the business operations and beingthe obstacles in meeting the targets. Identification of various risks such as financial risks, internalor external issues, etc. are the factors which affects business operations (Onen and Eminoglu,2013). Thus, monitoring each activity performed in Southern Business Technologies with properrecords will be assistive in terms of over-coming with the issues and making suitable changes inthe operational practices. Market Research:Business are performing with the motive of going concerns which have effective controlover operations that will be useful and effective as per making sound operational activities. Itprovokes professionals in analysing the market environment and changes which are needed to beadopted by the firm (Business Opportunities, 2017). In relation with developing the operationalfunctioning of the entity there will be consideration of various objectives and requirements offirm.Competitive advantages:There have been various cases and targets of the organisation which are need to beconsidered in the positive manner. The prices, product line as well as consumer redundancy areneeded to be appropriate or better than the competitors stated in the environment. Moreover, itwill be helpful and appropriate for the entrepreneurs in relation with making suitable businessplans and strategies to meet competition (Pannicker and Mehta, 2016). Motive of earning higherrevenue as well as profitable gains which will be appropriate as per making operational changesin the economy.Analysing the consumers:Analysing the growth of entity in relation with making suitable changes in operationalpractices as well as managing the operational criteria of business in a most profitable andadequate way. Designing the products and services which meets the required wants and needs ofconsumers in the most desirable way (Shujaa Addin and et.al, 2017). It comprised witdeveloping the operations of entity in meeting the targeted aims at the right time.PESTLE analysis2
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