SWOT Analysis - A Business Owner's Secret Weapon
What is a SWOT Analysis?
SWOT simply stands for:
There are four areas you should be looking at when building your business.
Strengths: What are your strong skills? Are you able to generate responses in your marketing campaign? etc..
Weakness: What skills are you lacking? Are you able to attract new clients? etc..
Opportunities: Are you first to market? What innovation can be applied to your service or product?
Threat: Who is your competition? and are you in the right mindset (the inner enemy)? etc..
Understanding the SWOT formula will help you to better understand how to build your business.
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