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Planning for Growth

   

Added on  2022-11-28

20 Pages4561 Words1 Views
FinanceProfessional DevelopmentMarketingData Science and Big Data
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PLANNING FOR
GROWTH
1
Planning for Growth_1

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
TASK 1- BROCHURE....................................................................................................................3
TASK 2..........................................................................................................................................14
Detailed business plan of Nisa...................................................................................................14
TASK 3..........................................................................................................................................17
Critical evaluation of exist or succession options that are available for business.....................17
Recommendation of particular existing strategy that can be selected by organisation.............19
CONCLUSION..............................................................................................................................19
REFERENCES..............................................................................................................................20
2
Planning for Growth_2

INTRODUCTION
Planning for growth is strategic business activities that helps owner of business to plan
appropriate strategies, key action that could be used for earning maximum amount of profit
margin. With increase in competition level, globalisation and development in technology
companies needs to find alternative method that could be used to grow and expand business
operation in external environment. This report is based on Nisa which is small scale enterprise
operating in retail sector of United Kingdom focus on providing qualitative products at
reasonable rates. It has discussed about several growth opportunities that are available for
business, sources from which it can raise finance, its future business plan. Moreover consist of
critical evaluation of exist or succession options that are available for particular organisation.
TASK 1- BROCHURE
Analysis of key reflection
for evaluating growth
opportunities along with
explanation of those
considerations within an
organizational context
For the accomplishment of the analysis Nisa retail ltd. has been
selected which a grocery wholesaler brand is dealing in United
Kingdom. The organization have recently 500 stores across the UK
and now focusing on the introduction of organic food items with
the usage if the digital technology. The firm is currently making
investment into these activities and move ahead with this mission.
In order to start such activities, Nisa have to take loan facilities
from other current commercial establishments.
Internal evaluation of Strengths
Offer unique products
Weak points
Lot of staff retention
3
Planning for Growth_3

Nisa Right market position
Many advantages of
team strength
Limited market share
Opportunities
Digital technology will
help to approach more
consumers during
Pandemic situation
Requirement of more of
organic food products
because of the health
awareness among
consumers
Threats
Huge threat of
competitors
External analysis of Nisa
Retail Ltd. Political: Nisa is planning to introduce organic food
products and promote them with the help of digital
technology requires modifications in political state of
affairs of the UK like new government policies and labour
issues.
Economic: Nisa plans to take loan from bank in order to
implement such planning to recollect the financial scenario
of UK.
Social: The major challenge is to generate requirements
among consumers regarding organic food products through
digital platforms.
4
Planning for Growth_4

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