Planning for Growth Assignment: Evaluating Opportunities, Securing Funding, Developing Strategi

LO1: Analyse the key factors that SMEs should consider when evaluating growth opportunities.

P1 Analyse key considerations for evaluating growth opportunities in an organisational context.

P2 Evaluate the growth opportunities, applying an appropriate management tool.

M1 Critically evaluate the options for growth, using a range of analytical frameworks to demonstrate the understanding of competitive advantage in an organisational context.

D1 Justify specific options and pathways for growth, taking into account the risks of each option and how they can be mitigated.

LO2: Assess the various methods through which organisations access funding and when to use different types of funding.

P3 Assess the potential sources of funding available to businesses, in given organisational contexts, addressing the benefits and drawbacks of each source.

M2 Critically evaluate potential sources of funding for the adoption of an appropriate source/s of funding for a given organisational context.

D2 Devise potential sources of funding, with a justified argument for the adoption of a particular source or combination of sources, based on organisational needs.

LO3: Assess the various methods through which organisations access funding and when to use different types of funding.

P3 Assess the potential sources of funding available to businesses, in given organisational contexts, addressing the benefits and drawbacks of each source.

M2 Critically evaluate potential sources of funding for the adoption of an appropriate source/s of funding for a given organisational context.

D2 Devise potential sources of funding, with a justified argument for the adoption of a particular source or combination of sources, based on organisational needs.

LO3: Develop a business plan to communicate a growth strategy in a business to the relevant stakeholders

M3 Develop an appropriate and detailed business plan for growth and securing investment, setting out strategic objectives and strategies to meet stakeholder needs and expectations.

D3 Present a coherent and in-depth business plan that demonstrates knowledge and understanding of how to formulate, apply and achieve business objectives successfully.

LO4: Assess the various ways that a small business owner can exit the business and the implications of each option.

P5 Assess exit or succession options for a small business, addressing the benefits and drawbacks of each option.

M4 Compare exit or succession options for a small business to make valid recommendations.

D4 Provide a critical evaluation of exit or succession options for a small business, with justified recommendations to support effective exit or succession.