Business Plan for Growth and Exit Strategies at Oak Cash & Carry

Verified

Added on  2022/11/23

|9
|2094
|59
Report
AI Summary
This report examines the business growth plan for Oak Cash & Carry Ltd., a grocery trader. It details the company's overview, mission, vision, and strategic objectives. The report explores sources of investment like bank loans and overdrafts, along with an action plan and budget planning. It then assesses exit and succession options, including merger and acquisition, winding up, and integration, recommending the merger and acquisition strategy for the company's expansion. The conclusion emphasizes the importance of growth planning and strategic business practices in a competitive environment. This report, available on Desklib, provides valuable insights for students studying business development.
Document Page
Planning for Growth
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Contents
INTRODUCTION...........................................................................................................................1
TASK 3............................................................................................................................................1
P4. Design a business plan for growth that includes financial information and strategic
objective for scaling up a business..............................................................................................1
TASK 4............................................................................................................................................3
P5. Assess exit and succession options for a small business.......................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Document Page
INTRODUCTION
Planning for growth is considered as strategic business practices which allows business
owners to plan as well as track organic development into its revenue. Moreover, this enables
ventures to allocate its limited resources towards a centred potentiall for adopting resources
towards changes within particular sectors driven through digital disruption and differentiate from
rivals (Gomes, 2020). For this report, the undertaken company is Oak Cash and Carry Ltd. which
is a leading grocery trader business that was developed in year 2011 (Oak Cash & Carry Ltd.
2020). Its headquarters is in Banbury, United Kingdom.it have around 60 staff who employing
for business development as well as also makes its involvement into business operations. The
topics which are going to be discussed in this report are business plan for growth as well as exist
aand succession options.
TASK 3
P4.
Business plan:
It is undertaken as the written explanation of business future and lay out written
document from monetary, operative and marketing perspectives. Moreover, the business plan
main intent is to ascertain effacious new ideas and scope. Oak Cash & Cash Ltd.is an well
known entity which is in future exploring its business with its current goods or services within
South Africa (Morison, 2020). Also, the business in context of it wiintent of increasing
productivity and profits is discussed below:
Company’s overview:
It is known to be one of small an medium size grocery company that operates irs
operations within retail industry. In addition to this, its was developed in year 2011 (Oak Cash &
Carry Ltd. 2020). Its headquarters is in Banbury, United Kingdom.it have around 60 staff who
employing for business development as well as also makes its involvement into performing
activities. Moreover, they rendered a range of goods in bulk for retailers, offices and local
business.
Mission: The main intent of Oak Cash & Cash Ltd. Is to facilitate quality products and
services for its consumers at stipulated time periods.
1
Document Page
Vision: The vison of Oak Cash & Cash Ltd. Is to performits business in legal manner and
formulates values for consumers with aimof gaining loyalty for long durations.
Strategic objectives- It is most critical for an agency to extend strategical impersonal
effectively which helps impart any directions further to eventual cognitive content to compass
thru its direction of motion (Nikolopoulos and et. al., 2021). There are a few strategic goals
which Oak Cash & Cash Ltd. might correctly benefit with the assist of increasing its commercial
organization into a new marketplace. The Oak Cash & Cash Ltd.’s SMART objective is
discussed below:
To enhance sales of business by 10% in 12 months.
To maximize revenues and share of firm by 9% in upcoming 10 months.
Source of investment- It suggests to the one's locations and regions wherein a company can
borrow money from monetary institutions to operate the company of the business enterprise.
Financial organization loans, angel investors, crowdfunding, peer-to-peer, and several others are
a few supplies of investment from which the control of Oak Cash & Cash Ltd can arrange
finance for strolling the industrial corporation sports activities of the business enterprise. The
principal goal of borrowing funds from economic establishments simply so the corporation could
make development in its market share and growth in its organisation (Njiri and et. al., 2021).
Some of them are discussed below:
Bank loans- It is main and important source of fund from where organizations can raise
fund to operate the business of the firm. This aspects is regarded as a debt in which a
legal agreement take place among bank and client. There are different kind of loans like
grant short and medium term loans which are refund in equal payment.
Overdraft- It is a multivariate amount of borrowing agreed with bank to set limit.
This financing is offered when the company make commercialism form their business current
accounts surpassing the accessible cash proportion. In these kind of loans banks decided
repayments tenure and they have the authority over account and utilization of it
As in line with the defined records, they could surmise that financial institution loan is the
power delivery of raising and borrowing funds for the powerful walking the industrial agency of
the organization. Very well coins & supply Ltd can also borrow funds for the powerful strolling
of the agency.
2
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Action plan- it is a file that maintains in mind all the stages and steps which can help
accomplish the precise dreams targets and goals. The motive of the motion plan is to specify all
the resources that are critical to accumulate the goal, framing a timeline for a particular venture
and project to be finished, and display required resources. Very well coins & convey Ltd will
increase strategies and plan to launch its enterprise to the new marketplace simply so it may
make increment in its market share and purchased base (Olmos and et. al., 2021). The control of
the organization will decide the favouredd sources simply so the firm can perform its commercial
enterprise effectively. For the duration of the time of expansion, the company will use social
media, the net, campaigns jogging, and lots of others. For the motive of promotion of its business
corporation. Because of the reality now those days most of the people use the internet and
energetic on social media and social web sites so it's miles an effective manner to aware them
about the goods and services of the employer.
Budget planning- price range is a monetary plan which comprises conceived gross
earnings volumes and revenues, belongings abstraction, repayment and disbursement, property,
liabilities, and coins flows. very welcomes & bring Ltd can put together a price range to its
business organization operations so that it could have statistics approximately the fund that is
utilized to be distributed to supply prices of the industrial organization increase or organization
expansion.
3
Document Page
TASK 4
P5.
There are numerous strategies are powerful to carry out unique numerous goals and courses
of action that can be taken through the organization’s management for the use of a succession
plan. A succession plan is monitored with the one's section inside which the control needs to turn
over the operations of the business enterprise to both man or woman from inner control
institution and circle of relatives participants (Pinnegar, Randolph and Troy, 2020). it can make
or do no longer make modifications in the possession of the firm. In context to Oak Cash & Cash
Ltd, its management can determine various forms of succession and exit options that are
available into market area. In additionto this, this also uses efficacious strategies for attaining
organisationaal objectives in proper manner. So, few of the options are described below:
Merger and acquisition: it represents the practices of integrity and computing two entities
into that the main objective of firm is to accomplish its goals. Moreover, the acquisition is
undertaken as activities in which one entity overtake others. Additionally, the respective option
can facilitates growing administration as well as proficiency to improve share market.
Benefits: Due to merger or acquisition, it assists entity for enhancing market share and
size within new geographicalfield and marketplace. In addition to this, this is useful to
gain competitive benefits. Additionally, it is beneficial forobtaining profits, excuting
business and forming development in shareholder’s value.
Drawbacks: When business adopts this option then it formulate decrements in specific
industry and maximiseproducts process that affects consumers bargaining power.
Additionally, it also form minimisaton in job opportunities that instantly affects
economical growth of country.
Winding up: It can be adopted by company when they become failure aannd is not become
competent for emanation its vulnerability. In addition to this, it can be related to with
liquefaction processes a business into that its main intent is for transctions off stock, pay off
creditors and hand out standing resources to its shareholders (Santini and et. al., 2021).
Furthermore, this is undertaken as legal framework that is formed by article of association and
corporate laws. Moreover, this is segregated into two portions which are voluntary and essential.
Also, business investors can novie voluntary winding up with passage pro-clamation as it aids in
respect of solution and failure of business. While on another side, vital action to wind up firm
4
Document Page
required court order when business is not become capable for refunding borrowed funds and
several obtaining legal action in regards of funds owned.
Benefits: The main benefits of this option is that when firm has been liquefied and
marketing of its assests appropriately for creditors then left it unguaranteed business
possession that is not much impersonal secured would be written off.
Drawbacks: The liquidation highlights the fimr’s termination and staff which are
involved by business would be successful to work and being anxious to sell else where.
Additionally, as per their service dimension in particular business, they may be proficient
to declare statutary representatives which pay follow their discharge.
Integration- It shows like manage to manipulate approach interior which commercial
enterprise beneficial aid its sports and operation related to the current-day procedure of the
organization (von Schönfeld and Ferreira, 2021). its miles divided into two sorts vertical and
horizontal that is permit an employer to make manipulate carriers, competitors, and
distributors. several excellent and awful impacts of its are as following: Benefits- It helps the employer through using decoding over the price chain of the
company and also makes development in present organization cultural device in terms of
accumulate earnings maximization. it also helps the aspect to admittance manufacturing
inputs, distribution property, retail channels and gadgets, and so on.
Drawbacks- In it, there is a range of prison machines and manner which create
boundaries to the enterprise to enter into a new marketplace with the motive of expansion
and market development. It consists upstream and downstream of belongings in the
structural areas of business corporation challenge which minimizes the acceptability
functionality.
So, from the above described options, merger & acquisition is effective option for Oak Cash
& Cash Ltd.as it assists them in enhancing market share and size into new geographical fields
and marketplace. In addition to this, it is useful to obtain competitive benefits. Additionally,
it is beneficial for obtaining profit, execute business as well as developing development in
shareholder values. Also, the respective option can facilitates growing administration as well
as proficiency to improve share market.
5
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
CONCLUSION
According to the above report, it has been concluded that both success as well as growth
plays vital role at present times as it is the process of strategic business that allows business
individuals for formulating strategy and plans. Moreover, this enables ventures to allocate its
limited resources towards a centred potentiall for adopting resources towards changes within
particular sectors driven through digital disruption and differentiate from rivals. In addition to
this, business plan is also helpful for offering proof or steering to the management of the
business employed in the manner to offer pleasure to their target audiences via producing goods
and offerings regular with them. extraordinary exit and succession strategies are also beneficial
to make restorative pedagogy of motion to go through in aggressive environment until long-term
length.
6
Document Page
7
chevron_up_icon
1 out of 9
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]