Scribd
Upload
39 views2 pages

Future Funding Needs

This document discusses exploring future funding needs for a business as it grows. It outlines three growth scenarios: as planned, double the planned growth, and five times the planned growth. For each scenario, the business owner considers whether external funding would be needed to support additional staffing, premises, locations, product development, equipment, marketing, and technology. The business owner is asked to determine whether external or internal funding would be most suitable given their growth projections and current financial resources.

Uploaded by

Tarannum Yogesh Dobriyal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
39 views2 pages

Future Funding Needs

This document discusses exploring future funding needs for a business as it grows. It outlines three growth scenarios: as planned, double the planned growth, and five times the planned growth. For each scenario, the business owner considers whether external funding would be needed to support additional staffing, premises, locations, product development, equipment, marketing, and technology. The business owner is asked to determine whether external or internal funding would be most suitable given their growth projections and current financial resources.

Uploaded by

Tarannum Yogesh Dobriyal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

v

FUTURE FUNDING NEEDS

In this exercise, you will explore the financial implications of growth for your business. As you
grow, different aspects of your business may require additional funding – for example, financing
for buildings and staff as you expand into a new location.

You will consider how your funding needs in key areas could vary depending on your rate of
growth. You may have plans in place for funding your expected growth, but what if your
business grew more quickly than predicted? What additional areas would you potentially need
funding for? This exercise helps you to reflect on three scenarios:

1. Growth as planned
2. Double your planned growth
3. Five times your planned growth

The table below shows a number of common business growth areas that may require additional
funding. Add any extra areas for your business if they are likely to involve costs that would scale
along with your growth.

For each growth scenario, consider whether you would need external funding to support each
area, and add notes to describe your likely requirements where relevant. You might wish to
reflect on your outputs from the Stretching your ambitions exercise from Module 1:
Evaluating your opportunity, and your cash flow forecasting from Module 5: Optimizing your
financial planning.

GROWTH SCENARIOS

AREAS POTENTIALLY GROWTH AS GROWTH AS GROWTH AS


REQUIRING FUNDING PLANNED PLANNED x 2 PLANNED x 5

New staff

Larger premises

New locations

New product / service


development

New equipment

New marketing

New technology
Next steps
Now that you have reflected on areas where your growth opportunity may need funding in the
future, consider whether you would want to obtain this funding externally or through internal,
organic financing. Identify which option would be most suitable for your business, and whether
you would have sufficient funds available internally.

You might also like