Case Study: Analyzing Constraints on SME Growth - 123 Accounting

This case study analyzes the growth constraints faced by 123 Accounting, a firm that has been trading for 15 years but has not grown as anticipated. The report identifies key challenges, including a lack of market growth due to recessionary impacts and limited opportunities in the business environment. The study examines the company's structure, client base, and the owner's comfort with accounting over business development. The analysis concludes that the managers must take the right measures to manage constraints effectively. The report includes an introduction, main body detailing the constraints, a conclusion summarizing the findings, and references to relevant academic sources.

Case Study

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
CONCLUSION................................................................................................................................1
REFERENCES................................................................................................................................2

INTRODUCTION
Constraints of growth refers to the different types of difficulties which are faced by the
businesses which can create an overall impact on their growth in the future (Johnson and
Koyama, 2017). In this report, a detailed focus will be made on the various types of constraints
of growth which the business is facing.
MAIN BODY
123 Accounting is a business which has been involved in the trading activities since the
last 15 years. The business has been facing growth constraints. The different types of constraints
which are faced by the business are as follows-
 Lack of growth in the market- The business faces a problem of lack of growth in the
market (Lathabhavan, 2020). This is due to the reason that the business operates in a
market which has been hit by the impact created by the recession.
 Lack of available opportunities- The business faces a problem because there is a lack of
different opportunities in the market. This is due to the reason that the business operates
in a market which has been impacted by the dynamic factors of the business environment.
CONCLUSION
From the above report, it can be concluded that the Constraints of growth refer to the
difficulties which the business faces in achieving a higher-level of growth. The managers
therefore has to make sure that the right measures can be taken so that these particular constraints
can be managed in the right manner quite effectively and efficiently. This will help in deriving
conclusions and recommendations in the future.
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REFERENCES
Books and Journals:
Johnson, N. D. and Koyama, M., 2017. States and economic growth: Capacity and constraints.
Explorations in Economic History. 64. pp.1-20.
Lathabhavan, R., 2020. Psychological aspects of women’s career growth constraints and
outcomes: A longitudinal study from India. Australian Journal of Career Development.
29(3). pp.173-184.
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