TXO SYSTEMS Business Growth Plan: Semester 1, 2024

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Planning for Growth
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Table of Contents
Introduction...................................................................................................................... 4
1. Key Considerations for Growth Options (LO1)..........................................................5
2. Sources of Funds and their Implications to the Business (LO2)...............................8
3. Business Plan (LO3)...............................................................................................11
4. Exiting Strategy (LO4).............................................................................................14
Conclusion..................................................................................................................... 18

List of figures
Figure 1: Business expansion growth strategies..............................................................8

Introduction
The TXO SYSTEMS plan for the different task so that the work can be completed as per
the necessities and the success can be achieved. The main goal should be achieved
with the growth of an organization. The growth of an organization needs to be planned.
The planning for the future should be as per the requirement of the organization. There
should be growth in all sectors and area of the TXO SYSTEMS. The investment in the
future activities and development of the plans for exit should be based on the goal and
requirements. The financial support and funding from different sources should be taken
as per the capabilities of the organization. This will increase the growth of the
organization with the time and the best business can be implemented. The growth of
TXO SYSTEMS directly depended upon the customer’s satisfaction and the quality
product and services. The planning for this factor should be managed accordingly.

1. Key Considerations for Growth Options (LO1)
In any organization, the main motive is to grow in the market. Each organization create
plans for future growth and evaluating the different opportunities so that the growth rate
can be high. There are many considerations for growth opportunity evaluation and these
considerations have a high contribution to organization growth in every field. The
consideration includes the Competitive advantage which provides a good position in the
market and help in surviving while competing with other organizations. The TXO
SYSTEMS considers all the resources used in the organization and the capabilities of
their organization to complete the task before the deadlines. The competition becomes
so tough that the company provided all the necessary resources to workers and provide
the best output. This increases the growth of the organization as well as workers.
Another consideration is to provide innovation in the TXO SYSTEMS and increase
productivity. The organization needs to introduce new services and products so that
innovative things can be provided to the customers. This will increase the satisfaction of
customers. New opportunities can be provided to workers for improving the innovative
challenges of an organization.
The consideration can be based on the sector or the part of an organization which is
needed to grow. Different part or sectors can be collaborated for investing in one place
which can help in financial growth with more profits. Merging of other alliances will
increase productivity. The organization provided the required technology and financial
support for all workers so that the worker can work for a longer time with more
satisfaction. The TXO SYSTEMS needs to prepare themselves for the future and there
should be proper risk management plans so that the whole work, time and money would
not be wasted.
Ansoff’s vector matrix is a technique used for comparing new and current products and
markets. This strategic tool provides the growth of a product in the market using grids
and increases the productivity of an organization. The choices to an organization for
new products in the new markets are presented. There are different opportunities

introduces in TXO SYSTEMS for this strategic matrix. This tool includes four types of
options for growth and improvement of organizational growth. These options include
market development, market penetration, product or services development and
diversification. In market development option, the new customers are pulled to buy an
existing product. The old or existing product is introduced in a new way. Market
penetration includes the strategy to sell or provide the existing product to the existing
customers. The customers need to be fully satisfied so that the existing product can be
sold to existing customers. Product or service development strategy provides the new
product with a new feature to the existing customers. The old product can be added with
new variations and can be represented as a new product. The last option is based on
the risk which is in high quantity. This strategy includes high risk as the new product is
to be launch in the new market so it requires risk management. The use of supply chain
management helps in managing the new product in a new market.
This technique is hep full for determining which type of planning will be best for
increasing the growth of an organization and surviving in the market.
Figure 1: Business expansion growth strategies

Competitive Advantage is a part of an organization for providing the best customer
satisfaction which will lead to the growth of the organization. The market value is
increased using this technique and it provides help for resource utilization with
increasing the capabilities of the workers. This method provides better service and
productivity with the same cost or the same productivity and services at low cost. The
TXO SYSTEMS uses the best utilization of resources to increases the capabilities of
workers. Different policies are followed with new strategies are implemented after
comparing with other companies. Using the value chain, new prices emerge across
different segments.
There are different pathways for the growth of an organization depending upon different
factors. The main factor for increasing the growth of TXO SYSTEMS depends upon the
customer need or requirements. The need for customer changes as the market
changes. New tradition or new technologies change the requirement of customers. The
exact requirement needs to be found otherwise the growth can be in the opposite
direction. Organization growth also depends upon the variance in productivity and
services. The new product requires more risk management. So, it should be introduced
with full planning in the new market. The workers also need to be provided with all
resources and support. They can also utilize the resources in a different way.

2. Sources of Funds and their Implications to the Business (LO2)
The TXO SYSTEMS gathers the fund from different sources to increase the financial
power of the organization. The organization can participate in a different activity for
assessing the funding schemes. There are different sources which providing funds with
low-interest rates and a long period of time for payment. Some methods for funding an
organization include Loan from Bank, Investors, collaboration with another firm, Crowd
funding, peer to peer lending, etc.
There are hundreds of banks which provide a loan with interest rate. The different bank
has different interest rates depending upon their policies. The bank provides different
type of loan amount and the duration for paying back is different depending upon the
loan amount and the interest rate. The bank can ask for a high rate of interest
depending upon the policies. If the amount is not paid on time then the bank can take
legal action toward the organization. The bank has all rights to file the case in the court
for their money. This will lead to growth in the opposite direction and possibly fully
destroy of organization. If the image of the organization is destroyed in the market then
the users or customers will also not participate in any activity of the organization. This
will reduce the growth of an organization.
Investors can invest in an organization for providing the financial support plus the name
and fame to any organization and their product. The organization can ask the financial
support and there should be some percentage benefit which will be given to the
investors directly. The TXO SYSTEMS will also provide all report and details to those
investors so that the synchronization can be maintained. Sometimes messing with the
investors can lead to high losses and negative growth of the organization. Higher the
investment higher the benefit. And if the investor stops investing in the product then the
organization will have to close their product and services which was funded by
investors. There will be loss of time, resources and name.
Collaboration with the other firm will allow the other fir to participate in the productivity
which will be shared by all firm who included in the collaboration. The other firm shares

the part of benefits and according to it, the work is distributed. This will increase the
trust of customers on the collaborated organizations and there will be more growth and
customer satisfaction. If on firm fails in any task or work, this will lead to the complete
failure of product and growth. The growth of an organization depends upon the product
utility in the market. If the quality of that product is affected then the name or
organization also goes down. There should be complete tracking of work and proper
communication between the different firms. The participation should be appropriate and
satisfactory for all firms.
Crowd funding is a process in which the fund is taken from the crowd by simply asking.
This can be done using social media, newspaper, videos, posters, etc. It is also publicly
available of share which can be bought by normal people and they will share the
benefits also. The normal people will have a part in the organization. The crowd funding
is difficult and does not gather a large number of funds. Sometimes also the growth is
decreased as the number of shares decreases shared by users. If the crowd stop
funding (as it is not permanent) then the whole work will be stopped or lost. The work
should be managed and maintained accordingly. The TXO SYSTEMS should not
completely based on this type of funding as it is not permanent so there should be high-
risk management.
The organization is provided with fund from different sources depending upon their
requirements. There are different ways for funding which includes bank loan, the fund
from investors, crowd funding, peer to peer lending, etc. The loan from the bank
includes all legal process but this includes a high rate of interest. The process also
requires different documentation and it is a long process. While getting funds from
investors are very helpful and there is no interest rate but they share a large number of
benefits from the total benefit. This will slow down the growth of TXO SYSTEMS. Crowd
funding is easy and doesn’t require repayment. But this process does not collect many
funds easily. All processes are different from each other depending upon the
requirements.
Different funding sources need different benefit so the combination form these can be

formed so that the maximum growth can be achieved by the organization. The different
sources include a loan from a bank, fund form investors, crowd funding, peer to peer
lending, etc. The crowd can be taken in a large amount for investing in the organization
productivity. This will lead to a high amount of money gathering and will also share
fewer benefits from total benefits. The publically available of the shares of TXO
SYSTEMS will help in a large number of investors with low benefit effect. The crowd is
the best source as they are not a large organization or firm with bundles of legal
documents and want lots of benefits.

3. Business Plan (LO3)
Planning is the key factor for any successful compilation of business. And all the
necessary business plans are reviewed on a regular basis. It also looks up to all the
strategies identified for business growth. After reviewing the process of progress status
and identification of the area for growth business plans must be reconsidered and take
help with this consideration for taking the business to the next level. A business process
is a combination of multiple steps that perform their functionality to achieve a specific
task or target. A business process is also known by the business method that can be
implemented automatically and by manual aspects. If the business process is
implemented automatically then it doesn’t need a help of any tools or technology but if
the business process is implemented via some manual support then technology and
tools are used for achieving a particular task. So, the business process is a collection of
steps that are linked with each other in order to get their endpoint by deploying product
or service to customer or user according to their requirements.
Business growth plans mainly emphases on development and on the way, it going to be
achieved by the user. It is a long process for creating such valuable plans that include-
 An explanation of development prospects.
 Goals of the financial sector were broken down in quarter and yearly format.
 Market planning for growth achievement.
 During business growth phase financial plan executed for accessible capital
determination.
 A failure of responsibilities and needs of staff in a company.
In growth of TXO SYSTEMS, business plan plays a vital role in resource allocation over
the business. It will attract several funds in resource allocation and work as a document
file for strategy. By tracking all the ongoing process of business planning it will easy to
monitor the objectives of the business can be achieved or not easily. Certain key targets
and business priorities management will be ensured by the business plan. Mainly there

are four growth strategies for business expansion that are:
1. Product development
2. Market penetration
3. Market development
4. Diversification
Product Development-
For adding new innovations and new things to an existing product is the main role of
product development. Product development is carried out by the testing process via the
distribution part. It improves pre-existed products with some new good add-ons. Product
development is the basic need for maintenance of the product and increases the
productivity to stand and handle the competitive advantage. It will bring out some new
fresh products to the market.
Market Penetration-
This is the strategy which states that the TXO SYSTEMS has to promote its existing
product in the active market or existing market. It will increase the number of customers
as they get attracted to the product through several means of promotion. It will increase
and retain the product’s market share. It will drive out the competitors in the market and
also dominate the market growth.
Market Development-