Growth is crucial to the long-term survival of a business. Learn how to investigate a range of internal and external opportunities for growth and understand which ones may be suitable for your business and those of your clients.
Description
Growth is crucial to the long-term survival of a business. It makes it easier to acquire assets, attract new talent and fund investments. It also drives business performance and profit.
In this module you will consider the pros and cons of growing a business and the steps required to grow.
You will learn to investigate a range of internal and external opportunities for growth and understand which ones may be suitable for your business and those of your clients. You will learn to develop effective strategies to maximise the available opportunities, and identify the resources required to grow successfully.
This module will guide you to develop a business development plan that sets your goals for growth and outlines how you will achieve them. Regularly reviewing and revising your plan as your business evolves will help you to achieve sustainable growth.
Key Topics
- Pros and cons of growing a business
- Steps to grow a business
- Investigate opportunities for growing the business
- Resources required to grow
- Develop a plan to grow your business
This course consists of one online course and one online assessment.
This module is one of a series within the Governance component of the My Firm. My Future. Framework. It is designed to complement other learning modules in the My Firm. My Future. suite.
Learning objectives
- Investigate opportunities for growing your business
- Identify the resources required for growth
- Develop a plan to grow your business