A SWOT analysis is a tool stands for strengths, weaknesses, opportunities and threats. It is used to assess how effective a business is and what needs improving to make the company more successful. This is an efficient way to measure how a business has changed over time for the better or for worse depending on if the business has used the SWOT to their advantage.
The SWOT analysis for our business has many strengths and opportunities however also has a few weaknesses and threats. We have used these points to develop our idea into a realistic business plan. We have used this analysis to capitalise on the strengths and opportunities and minimise the weaknesses and threats with the advice from the critical evaluations.
The SWOT analysis for our business has many strengths and opportunities however also has a few weaknesses and threats. We have used these points to develop our idea into a realistic business plan. We have used this analysis to capitalise on the strengths and opportunities and minimise the weaknesses and threats with the advice from the critical evaluations.