I’m not a fan of corporate jargon, but SWOT is an important one that’s useful for businesses of all sizes.
What is it? When you’re doing a SWOT analysis, you’re brainstorming about Strengths, Weaknesses, Opportunities & Threats in a particular business scenario. You can use SWOT to analyze
- Your competition
- Your distribution strategy
- Your marketing strategy
- An individual deal with a customer, partner or distributor
- Capital-raising strategies
- Other growth strategies
So how do you do it? Here are instructions and downloadable forms — courtesy of Lyndsay Swinton from Management for the Rest of Us.
