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SWOT Analysis. Young Entrepreneurs Project. SWOT ANALYSIS. Strengths. Weaknesses. Inside Your Company. Opportunities. Threats. Outside Your Company. Strengths and Weaknesses.
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SWOT Analysis Young Entrepreneurs Project
SWOT ANALYSIS Strengths Weaknesses Inside Your Company Opportunities Threats Outside Your Company
Strengths and Weaknesses • “Strengths are the capabilities, resources, and skills that you can draw upon to carry out strategies, implement plans, and achieve the goals that you’ve set for yourself.” – Business Plan for Dummies – Tiffany, P – 1997 • Weaknesses are the areas of your business you need to improve upon. • Both strengths and weaknesses only apply to you and your company, and you can control them.
Opportunities and Threats • Opportunities and Threats apply to things that are outside of your company and which you have little control over. • Opportunities are areas that can help your company grow. • Threats are areas that can hurt your chances of success. • Again, you have little control over your opportunities and threats, but if you know them, you will be able to • Your goal is to capitalize on opportunities if they occur, and to prepare for any threats.
SWOT Analysis • Fill out a SWOT Analysis chart by using the examples on the sides or by using ideas of your own.