| Channel | Publish Date | Thumbnail & View Count | Download Video |
|---|---|---|---|
 | Publish Date not found |  0 Views |
#SWOT means: strengths, weaknesses, opportunities, threats
The SWOT diagram generally contains four boxes.
Now, to carry out a SWOT analysis for your business, here are the key questions you need to ask yourself.
———————————————
Full video – https://www.youtube.com/watch?vZcWt3OuQrXQ
———————————————
1. Strengths
Answering the questions below can help you determine your strengths
What are you best known for?
How efficiently are you using resources?
How quickly do you deliver products?
Which of your products has been the most successful?
What resources are exclusive to you?
Are your investors satisfied?
What are your unique sales proportions?
Do you have a loyal customer base?
Are your income predictable?
2. Weaknesses
Some questions you can answer to accurately list your weaknesses.
What do your customers often complain about?
What financial resources are you lacking?
What human resource are you lacking?
Do you have enough technical expertise?
Are your products not innovative enough?
Are your expenses too high?
3. Opportunities
To identify opportunities, you can start by asking the following questions:
What are the current market trends that can increase your sales?
What new government policies and regulations can benefit you?
What upcoming events or festivals can you capitalize on?
What recent technological changes may prove beneficial?
What social and lifestyle changes can you capitalize on?
4. Threats
Asking the questions below can help you get started:
What are the obstacles you face in the market?
What do your competitors do better than you?
Does your industry offer easy entry for new competitors?
Will raw material and wage costs increase in the near future?
Will technological advancements have a negative impact on you?
What are the market trends that can become threats?
What social and lifestyle changes can harm you?
Benefits of SWOT Analysis
better understand your business
address weaknesses
deter the threat
capitalize on opportunities
take advantage of your strengths
develop business objectives and strategies to achieve them.
Our free competitive analysis kit to help you get started:
https://upmetrics.co/download/competitive-analysis-kit
Create professional business plans quickly and easily across all industries with a pre-written business plan template. Fill in the blanks and we will prepare your polished business plan. Use the financial modeling tool and it calculates all the summaries for you. Get on the same page with your team to develop your business strategies with our library of business model canvases.
Get 200 Free Business Plan Templates Here
https://upmetrics.co/sample-business-plans
Free E-Book: Ultimate Guide to Writing a Business Plan
https://upmetrics.co/download/ebook
Visit upmetrics today to get more professional advice on writing a business plan.
https://upmetrics.co/
————————————————– ————————————————– –
// CONNECTIONS
Learn more about #Upmetrics and find resources to grow your business – https://upmetrics.co/
Join our private Facebook group – https://www.facebook.com/groups/40711…
Follow Upmetrics on Instagram to stay updated – https://www.instagram.com/upmetrics.co/
E-books, guides and more – https://upmetrics.co/resources
————————————————– ——————————–
/"business plan/"
/"business model canvas/"
/"financial modeling/"
/"SWOT analysis/"
/"work/"
/"SWOT diagram/"
/"what is swot/"
/"What is SWOT analysis/"
/"how to do a SWOT analysis/"
/"Tutorial/"
/"how/"
/"strategic planning/"
/"SWOT analysis example/"
/"SWOT analysis model/"
/"Definition and examples of SWOT analysis/"
/"strengths/"
/"weaknesses/"
/"opportunities/"
/"threats/"
/"Resolve weaknesses/"
/"deter the threat/"
/"better understand your business/"
/"capitalize on opportunities/"
/"Key SWOT questions/"
/"strategic planning/"
/"Personal SWOT analysis/"
/"SWOT matrix/"
Business Analysis
Please take the opportunity to connect and share this video with your friends and family if you find it useful.
