Tag Archives: SWOT

Business planning: The importance of a SWOT analysis

A SWOT analysis is a structured planning method that can be used to help develop a strong business strategy by creating an organized list of both internal and external factors that can impact your business positively or negatively. SWOT stands for … Continue reading

Posted in Halton Small Business Centre, Small Business Advice | Tagged , , , , , , , , , | Leave a comment

Market Share Pie: How Big is Your Slice?

There is a fundamental concept to consider when business planning that is often overlooked. Before you start market research, including a thorough analysis of the competitive environment, you need to understand this basic principle: In every industry, whether food, hospitality, … Continue reading

Posted in Halton Small Business Centre, Tips and Advice | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Why Should You Conduct a Business Feasibility Study?

“Although [an unsuccessful feasibility study] may appear to be a failure, it’s not. The failure would have been if you had invested your own and others’ money and then lost it due to barriers you failed to research in advance.” … Continue reading

Posted in Halton Small Business Centre | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

Viewing the SWOT from a Different Perspective

SWOT stands for strengths, weaknesses, opportunities, and threats.  It is a research method that can help you gain insight into every corner of your business.  If you are starting a business it can help you define and reinforce the viability … Continue reading

Posted in Tips and Advice | Tagged , , , , , | Leave a comment