Exploring Opportunities for Business Growth with a SWOT Analysis

Dec 28, 2022 |
Twitter

In this video, we describe how and why to do a quarterly SWOT analysis to identify your business strengths, weaknesses, opportunities and threats.


In this video, we share what a SWOT analysis is and how to use it to build and strengthen your business. 

A SWOT analysis is an intentional and thoughtful evaluation of a business's strengths, weaknesses, opportunities, and threats. It should be conducted at least quarterly and is a helpful tool for recognizing and building upon strengths, strengthening known weaknesses, capitalizing on opportunities, and minimizing threats to a business. 

A SWOT analysis should  be repeated on a regular basis and can help businesses identify things in their environment that could be a threat or provide an opportunity to increase revenue. It is important to be radically honest with oneself in order to have an objective evaluation of the business. 

Learn more about how to conduct a SWOT analysis, including a business example, in this video


Categories: : Focus, Goals, Leadership, Strategy, Vision