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Planning for Growth: Analyzing Considerations and Opportunities for Business Expansion

   

Added on  2022-11-25

20 Pages6373 Words464 Views
Planning for growth

Table of Contents
Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
TASK 1............................................................................................................................................1
P1 Analyze key considerations for evaluating growth opportunities and justify these
considerations within an organizational context.........................................................................1
P2 Evaluate the opportunities for growth applying Ansoff’s growth vector matrix...................3
M1 Discuss options for growth using of analytical frameworks to demonstrate the
understanding of competitive advantage within an organizational context................................4
D1 Critically evaluate options for growth, risks of each option and how they can be mitigated.
.....................................................................................................................................................4
TASK 2............................................................................................................................................5
P3 Assess the potential sources of funding available to businesses and discuss benefits and
drawbacks of each source............................................................................................................5
M2 Evaluate potential sources of funding and justification for the adoption of an appropriate
source of funding........................................................................................................................6
D2 Critically evaluate potential sources of funding with justified argument for the adoption of
a particular source.......................................................................................................................6
TASK 3............................................................................................................................................7
P4 Design a business plan for growth that includes financial information and strategic
objectives for scaling up a business............................................................................................7
M3 Develop an appropriate and detailed business plan for growth and securing investment....8
TASK 4............................................................................................................................................8

P5 Assess exit or succession options for a small business explaining the benefits and
drawbacks of each option............................................................................................................8
M4: Explain the valid recommendation for the exits plan for organization...............................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Planning for business growth is first step towards the success and achievement of goals and
objectives (Riva, 2019). This helps to know how business is performing as a whole in the
industry. A appropriate plan for the development of business can assists organization towards the
achievement of goals and objectives in most appropriate manner. Proper plan benefits the
business to prioritize the area of for growth and development so that business owner can focus on
the efforts for the future development. Proper plan assist business towards the clear vision of the
business the goals needs to be establish for the future development in the business.
Accomplishment of goals and objectives of the business provide insight about the development
of actual criteria for the development needs for the future. This report is based on small business
Kaffeine, it is coffee shop based in London, United Kingdom. Business is independently owned
café with location it the two areas of London; Fitzrovia and Tottenham Court Road. This report
includes information about key consideration of growth opportunity of the business. Also
different methods by which organization done funding in the business, also this includes small
business plan and in the last it includes the ways in which small owners can exist the business.
MAIN BODY
TASK 1
P1 Study main considerations for evaluating growth opportunities and defend these
considerations within an organizational context.
Growth opportunity for the business analyzes the capabilities of the business to increase its
market segment and profitability rate in the future( Colomb, and Tomaney, 2020 ). Growth
opportunity for the business and its development in the industry connected with the strategic plan
that business made to enhance its customer base and attract the new target segment in market.
For effective development of sources and resources strategic plan can help the business to know
about the various opportunities that business has in the marketplace.
Below is the explanation of PESTEL analysis in the context of Kaffeine that helps the business
to understand about the various opportunities in the market.
PESTEL analysis:
It is the framework that assists business to have insight about the dynamic environment of the
market and how they can gain competitive advantages in the marketplace. This analyses all the
1

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