You know the history of your business and how you achieved the success you have. ![]() If you are an existing business, you may have many years of expertise in the business. You may already know where to go to find the assistance you need and this would be considered a strength for this analysis. You may have an employee or member of your management team who has prior experience in the industry you are planning to enter. If not, this may be viewed as a weakness. If you are planning to start a business, you may have previous experience in the industry you are considering. For example, what do you and your family, employees, and management team bring to the business. Strengths are considered mostly internal. ![]() For a SWOT analysis to work well, every member of your team (your family and/or your employees, your lawyer, your accountant, and your insurance agent) must be involved in the process.
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AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |