Planning for Growth: Evaluating Opportunities and Funding Sources

Unit 42: Planning for
Growth
Table of Contents

INTRODUCTION.................................................................................................................................3
LO 1......................................................................................................................................................3
Key consideration for evaluating growth opportunities.....................................................................3
LO 2......................................................................................................................................................7
Potential sources of funding..............................................................................................................7
LO 3......................................................................................................................................................9
BUSINESS PLAN.............................................................................................................................9
LO 4....................................................................................................................................................11
Ways for exiting the business..........................................................................................................11
CONCLUSION...................................................................................................................................14
REFERENCES....................................................................................................................................15

INTRODUCTION
Planning for growth is defined as forming growth strategies in respect to the
company. Growth is about to improve the profitability of company in such a way that
company can entertain more profitability and financial outcomes. This report is based on the
case study of the Quality solutions. This is the key small and medium size organisation based
in United Kingdom. Company is looking to expand its growth opportunities. Henceforth,
report will emphasis over the key consideration associated with the growth opportunities
associated with the company. Different growth opportunities available with the company will
be analysed in this project that will support the company in achieving the growth for the
business operations of company. This report will also address the potential sources of funding
in respect to the organisation. Furthermore, this project will analysis the precise business plan
that can support the company to entertain growth opportunities in the market. This project
will also discuss about the exit and succession strategies that company can channelizes in
against to the business operations entertained by the organisation. All different approaches
that can support the company in achieving the growth objectives of company will describe in
this project.
LO 1
Key consideration for evaluating growth opportunities
Growth is about to improve the potential of the company to entertain profits against
the business operations channelizes by the company. This indicates that company try to make
the respective strategies that will support the organisation to improve its profitability and
sustainability target in market. Following are the different models that can be utilised by the
company to entertain growth in the market.
Boston consultancy group matrix
Boston consultancy group matrix is a strategic model that indicates about the position
of the organisation in respect to entertain profitability and growth opportunities in the market.
This model segregate companies in different segments indicate as star, dog, cow and star
category on the basis of the overall performance of the company in market. This indicates
that with the support of assessment in respect to the performance of company all companies
and brand are segregated into different categories (Hodgon and Hoque, 2017). The segment
company entertain in this category directly influence the performance of the organisation. On

the basis of the category company is associated under this model all different strategies and
approaches company channelizes to entertain growth in the respective market.
Dog
Dog is the brand that contain low market share along with the low growth rate. These
are the brands that do not share any effective amount of market share along with sharing only
the restricted growth rate. Both growth rate and market share are low in this category. All
such companies’ part of this category requires strong strategies to improve the overall
performance of the organisation in the respective market segment. The brand part of this
category requires strong strategic choices that can support the companies in entertaining more
effective growth opportunities in the respective market segment (Al Mamun and Hasan,
2017). Quality solutions do not associated with this category on the basis of the Boston
consultancy group matrix model as the sector of company is information technology sector
that contain huge market share and also the growth rate of the sector is among the major
growing market share part of the business environment. The entire sector caters effective
growth opportunities to the businesses operated under the respective market sector.
Question mark
Question mark is the companies that contain low market share under the high growing
market. These are the companies that are small in scale of business operations and contain
low market share even if the sector is growing rapidly under the business environment.
Quality solutions is associated with the information technology sector tat is among the highly
growing market sector associated with the business environment. As the company is small
and medium scale which further indicate that company contain a very small share of market
in the overall turnover of the information technology sector in United Kingdom
(Rakhimzhanova, 2019). The conditions to be associated with this segment are fulfilled by
the company. Due to the agreement of the condition under these category Quality solutions is
associated with this category of brand as per the requirements of the Boston consultancy
group matrix model. Company needed to plan effective strategies that can support the
company to enhance its growth rate or market share in order to entertain the high growth
potential of the market.
Star