Executive summary
The current project is based on the topic of planning of growth that makes an important part
of all business organisation. Growth is important and vital to remain sustainable in business
environment along with ensuring effective competitive strength. Current project is conducted on
is Quantum technology Ltd which is operating as a SME that is engaged in the providing the
marketing services and soon develop to tech organisation that is situated at Lincolnshire, United
Kingdom. Beside this, current report comprises of discussion about key consideration for growth
opportunities through the help of competitive analysis. Beside this, use of Porter’s generic
strategy and PESTEL analysis has been also made to analysis about the external business
environment. Along with this, an evaluation of Ansoff growth matrix is also made along with the
potential sources of funding which supports improved growth and better financing of firm.
Beside this, a business plan and exit or succession plans for a small business are also included in
current report which provide a detailed information about how a SME focus on coming with
innovation for better growth.
Table of Contents
Executive summary..........................................................................................................................1
INTRODUCTION...........................................................................................................................1
LO 1.................................................................................................................................................1
Key considerations for evaluating growth opportunities along with justification.........1
Analysing opportunities for growth through applying Ansoff growth vector matrix.. .4
LO 2.................................................................................................................................................5
Potential sources of funding available to businesses along with benefits and drawback5
LO 3.................................................................................................................................................7
Business plan for growth......................................................................................................7
LO 4...............................................................................................................................................10
Assess exit or succession options for a small business along with the benefits and
drawbacks...........................................................................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

Unit 42 â€“ Planning for Growth

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