13 Jun business plan swot analysis
Our business idea is operate a dessert shop in Corvallis, we just sell dessert, any of dessert. Please write a SWOT analysis for our business, please do some research about the other local dessert shop, compare our business to them.
S W O T (Strengths, Weaknesses, Opportunities, Threats)1
Conducting a SWOT analysis of your business will help you take a look at the internal functioning of your business and the external environment in which your business operates. The analysis will help you identify new directions your business can pursue.
Some questions that may help with the Internal Strengths and Weaknesses:
· What are the key resources that make your business successful?
· How do you communicate with your employees?
· What information do you use to manage the business?
· How do you maintain communication with customers?
· What makes your business unique?
Some questions that may help with the External opportunities and threats
· How do you compare with your competitors?
· How is your industry changing?
· How will your industry change in the next 5 years?
· Why do your customers buy from you?
· What technology trends affect your business?
· What one event could most threaten your business?
## (important)It is crucial in your SWOT that the bullets are underpinned by research and are not just opinions
Please write like this: (which include 4 parts)
1. Strengths
3. Opportunities
4. Threats
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