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SWOT is a self-analysis as well. Are your biases being played out and have you curbed your own shortcomings. Many business initiatives can be addressed. Here's how"
Strengths Weaknesses Opportunities Threats
Product/Service
Brand/Marketing
Team building
Finance
Operations
Innovation
Fill-in under each main category. Be thoughtful and truthful in filling out the grid. What will pop-up are those things you are strong and confident in doing and those that you are weak in. A pattern will develop and a plan-of-action will be called to address both your business's good and bad points.
Based on the information, ask yourself, What are my immediate goals/next steps? What are my long-term goals/next steps? Try SWOT. It WORKS.
Jim Lavorato, Principal
Fund-House Ventures, LLC
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