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SWOT Analysis

Learn how to conduct a SWOT analysis to identify your company's strengths, weaknesses, opportunities, and threats. Understand the value of SWOT analysis in positioning your offerings and determining when to sell. Gain insights on how to differentiate yourself from the competition and set a competitive sell price. Be aware of market trends, obstacles, and potential threats to ensure business success.

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SWOT Analysis

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  1. SWOT Analysis

  2. Value of SWOT Analysis Knowing when to sell Differentiates you from the Competition Positioning your Offering Picking a Sell Price

  3. How to Fill Out each Section • What advantages does your company have? • What do you do better than anyone else? • What unique or lowest-cost resources do you have access to? • What do people in your market see as your strengths? • What factors mean that you "get the sale"?

  4. How to Fill Out each Section • What could you improve? • What should you avoid? • What are people in your market likely to see as weaknesses? • What factors lose you sales?

  5. How to Fill Out each Section • Where are the good opportunities facing you? • What are the interesting trends you are aware of? • Useful opportunities can come from such things as: • Changes in technology and markets on both a broad and narrow scale. • Changes in government policy related to your field. • Changes in social patterns, population profiles, lifestyle changes. • Local events.

  6. How to Fill Out each Section • What obstacles do you face? • What is your competition doing that you should be worried about? • Are the required specifications for your job, products or services changing? • Is changing technology threatening your position? • Do you have bad debt or cash-flow problems? • Could any of your weaknesses seriously threaten your business?

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