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Swot Analysis
Conducting a SWOT analysis of your business is a lot more fun than it sounds. It won’t take much time, and doing it forces you to think about your business in a whole new way.The point of a SWOT analysis is to help you develop a strong business strategy by making sure you’ve considered all of your business’s strengths and weaknesses, as well as the opportunities and threats it faces in the marketplace.
As you might have guessed from that last sentence, S.W.O.T. is an acronym that stands for Strengths, Weaknesses, Opportunities, and Threats. A SWOT analysis is an organized list of your business’s greatest strengths, weaknesses, opportunities, and threats.Strengths and weaknesses are internal to the company (think: reputation, patents, location). You can change them over time but not without some work. Opportunities and threats are external.they are out there in the market, happening whether you like it or not.You can’t change them.
BizGain is here to help if you need to move your business to the next level or you have an idea that will see it grow. From original concept to final implementation, our services include feasibility studies, research and analysis, writing a business plan or mentoring you through the process. We can identify business models you can learn from and which will inspire you, and help with resource planning.