j508 Strategy And Planning for Growth for new businesses : Ocean Crest

Brief :

Organization Selected : Ocean Crest

Planning for Growth

Learning outcomes-

LO1 What aspect does ocean crest needs to consider when evaluating the growth opportunities

LO2 What sources of funds does the organisation available with and also describe its usage

LO3 produce a business plan and also elaborate the ways in which business can be uplifted

LO4 What exist options does Ocean Crest is available with and also assess the implication associated with each

https://www.gov.uk/government/news/big-opportunities-for-small-firms-government-set-to-spend-1-in-every-3-with-small-businesses

government improved the way it buys goods and services to help more small businesses bid for public sector contracts

Scenario-

You are an entrepreneur and wishes to launch a project which is both demanding and rewarding. Ensure that the bid made does not exceed euro 300000 and you are available with only euro 20000 to make an investment in the business. So here arise a requirement of the remaining amount. Produce a report that will involve the procedure for accessing the amount, the implications associated with the same and making of the financial decision

Provide solution to below mentioned-

What considerations will be taken into account in order to evaluate the growth opportunities and also give justification
Make use of the Ansoff growth vector model for the same
Make an assessment of the strong sources of funding that business have and also list out the cons of each source
produce a business plan that will comprising of financial information and objectives for uplifting the business
What exit or succession options are available with the business and point the benefits and pitfall associated with each option.

Learning outcomes	Pass	Merit	Distinction
LO1 What aspect does ocean crest needs to consider when evaluating the growth opportunities	P1 What needs to be priory considered when evaluating the growth opportunities and also produce justification accordingly P2 Use the Ansoff growth vector matrix as a part of the evaluation of the growth opportunities	M1 what options are available for the growth, solve this by using series of frameworks by producing an understanding of the competitive advantage	D1 do the critical evaluation of the options and pathways of growth by analysing the risk associated with each and also about its mitigation
LO2 What sources of funds does the organisation available with and also describe its usage	P3 Highlight the funding sources and also describe the advantages and disadvantages associated with the same	M2 Do an evaluation of the potential options for funding and also justify the option that has chosen	D2 Do the critical evaluation of the sources of funding by providing arguments
LO3 produce a business plan and also elaborate the ways in which business can be uplifted	P4 Outline a business plan for the growth	M3 Produce a detailed business for the growth and safeguarding the investment and including other elements	D3 Showcase a business plan that depicts the knowledge and understanding of how to formulate, apply and achieve business objectives successfully.
LO4 What exist options does Ocean Crest is available with and also assess the implication associated with each	P5 Figure out the entry and exit options for the business by demonstrating the pros and cons of each	M4 Do an evaluation of the entry and exit options by including a comparative view by taking into account other options	D4 Do the critical evaluation of the entry and exit options and also point out the correct course of action with the justified recommendations