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Is It Time to Do A SWOT Analysis On Your Business?
Have You Done A SWOT Analysis On Your Business Lately?
Why Should You? What Is It? How Can It Help You?
"How A SWOT Analysis Can Help Your Real Estate Business" was one of my most popular featured posts that I wrote back in December 2015. Since we are now in the 4th Quarter of the year 2018, I thought it might be a good time to repost the article and share some of the benefits of doing a periodic checkup on your business. It's not too early to start working on your Business Plan for 2019 or make adjustments that can help you finish stronger in 2018...
S - Strengths - Your strengths might be: Education, Experience, Positivity, Reputation,
Your Brand, Your Market Share, Your Resources, Your Team, Your Personality,
Your Value Proposition, and lastly Your Competitive Advantage
W - Weaknesses - Your weak areas might be: Lack of Experience, Lack of Education,
Lack of Support, Lack of Motivation, Personal Limitations, Poor Planning Habits,
Lack of Training, Personality traits that hinder your success,
and lastly you may have Financial Limitations that are creating roadblocks.
O - Opportunities - Where are New Opportunities: Emerging Markets, New Developments,
Market Trends, Expand Your Customer Base, Recruit New Team Members,
Develop ... more
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