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SWOT Analysis

 

 

Does My Business Need One?

YES

 

A SWOT analysis stands for reviewing your organization's strengths, weaknesses, opportunities, and threats. It is very important that you understand the critical issues facing you business, whether you're

bulletjust starting a business;
bulletplanning to rollout a new service or product;
bulletseeking financing; or,
bulletjust reviewing your business operations for making improvements.

Ideally, you should consider having a SWOT analysis performed on a regular basis to help you make better decisions on the direction and ultimate success of your business.

 

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Last modified: December 17, 2010