TOP10602 Unit 42 Business Planning for Growth - Airdri

Use a common report format in writing, for example:

• Introduction(analyse the given questions)
• Underpin knowledge
• Applied the knowledge
• Conclusions and recommendations

Please ensure that your are known with the learning outcomes and its criteria which must be met in order to attain a pass, merit or distinction grade. Consider the table below:

PART 1- Investing in the future

LO1 Analyse the factors which must be consider by SMEs when they are evaluating growth opportunities.

LO2 Analyse the different methods by which the company can access the funds and when to use the various types of funding.

LO3 Develop a business plan and communicate how you intend scaling up with the business.

Project Brief and Guidance:

Scenario

You are require to simulate business or social enterprise of the chosen business. This need not to be complex and could be a  small business that can be local service. You should choose something which interest you personally on where you may have some existing knowledge in order to access the funds. The recommended work limit is 1500-2000 words.

PART 2- Developing an Exit Plan

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

Project Brief and Guidance:

Scenario

Following on from the business plan report for Part 1, Your are needed to write an appraisal of the exit or succession options for the business or the social enterprise, assessing the advantages and explain the drawbacks  of each option. You may want to analyse the exit or succession options for the small company and comparing and contrasting the given options and make the recommendations. You can also provide the critical analysis of the exit or the succession plan for the small business and decide an appropriate course of actions with the proper recommendations and implementations.

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