Growth Planning refers to the set of activities employment social enterprises go through when exploring new horizons – which for some might be considering whether to start a new business line or launch a new product, while for others deciding whether to form a new partnership that will take sales or employment to a new level.
Growth Planning generally results in a growth plan, which, when done well, that will help the organization make clear decisions around how to allocate and sequence resources in a manner most aligned with its future goals. Growth plans will also help the organization communicate the ‘why’ behind its ambitions to key stakeholders, including staff, board members, and current or prospective funders. Learn more about how strategic growth planning can elevate an ESE to new heights.
Growth Planning Resources
Logic Models are useful tools to help ESEs write out their plan for impact and how to potentially measure it!
This case study tells the story of how an employment social enterprise (ESE) defined goals, selected venture criteria, and used them to identify the ideal city to expand to.
This resource provides key operational, social, and financial criteria a social enterprise should consider when deciding how to grow. Social enterprise executive teams who are evaluating the potential of a growth strategy should review this resource and develop their own set of venture criteria.
Growth Capital is enterprise-level funding or investment that builds the capacity for business expansion and strategic planning. Growth Capital provides social enterprises with the space for deep reflection before tackling the next step in their plan to scale.
Today’s social entrepreneurs grow their ventures in the name of both financial viability and social impact.
One option for achieving scale faster than organic growth is by having others replicate the business model (sometimes referred to as “franchising”).
Intro A growth plan is a social enterprise’s articulated vision and rationale for how it will grow its business in the marketplace and scale its ability to achieve its mission. In order to develop a clearly articulated, compelling, and comprehensive growth plan, you will need to address at least the following considerations: Below, we explore […]
This Venture Criteria Bank & Template Tool can be used for ESEs to generate, refine, and prioritize a set of venture criteria that will enable them to meet their business, social, and operational goals.
Growth planning is the process followed by organizations to determine IF & HOW to pursue a new growth opportunity such as starting a new business line, launching a new product, opening a new sales channel, or expanding geographically to a new location.
This is a helpful resource for those seeking to better understand the terminology and concepts related to Employment Social Enterprises (ESEs) and the broader field of social entrepreneurship.