[Solution]Planning for Growth Assignment

This assignment will be split into two sections. Part One You are required to submit a business report (including use of headings, paragraphs and subsections…

This assignment will be split into two sections.

Part One

You are required to submit a business report (including use of headings, paragraphs and subsections – go to Moodle for business report templates and examples. The word count for this section is 1500 words, using Arial font size 12. All research must be referenced using the Harvard Reference System.

Part Two

You are required to produce a business plan that includes the indicative content of this unit as outlined within LO1 – LO3.

The word count for this section is 1000 words, using Arial font size 12. All research must be referenced using the Harvard Reference System

*Please access HN Global for additional resource support and reading for this unit. For further guidance and support on report writing and presentation skills please refer to the Study Skills Unit on HN Global. Link to www.highernationals.com

TheUnit Learning Outcomes:
LO1 Analyse the key considerations SMEs should consider when evaluating growth opportunities
LO2 Assess the various methods through which organisations access funding and when to use different types of funding
LO3 Develop a business plan (including financials) and communicate how you intend scaling up a business

Assignment Brief and Guidance:
The assignment is split into two sections.

Section one is an individualized Business Report with Section Two is a comprehensive Business Plan.

You are required to select a small business of your choice (this could include a local taxi business, take away/restaurant or hair dresser business, carpet shop, cloth shop) to use as the basis of your investigation into strategies and methods to enable growth. This has to be a local business (and not a multi national, large limited company) choose one business from the list

Section One is an individualised business report. To be successful in this unit you must be able to evidence your knowledge and wider understanding of the various factors involved in researching and selecting appropriate strategies to meet business objectives (growth). This will include evidence of research into the business selected as the part of the assignment brief.

Sections One and Two must be submitted together to ensure you have addressed the essential requirements within LO1 – 3.

Section Two

This will be to write a comprehensive business plan based on the business report in section one. This will be to practically apply the content of the business report. It should be comprehensive and practical ensuring that there is a clear link between the business report and the business plan, for example where the business report has identified realistic growth opportunities the business report has to identify realistic financial requirements and the type and nature of how the business may raise the finance necessary.
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