How to measure the success of your business? SWOT

by Dr. Rastogi · 07/26/2021

old – based on calculated forms – SWOT Analysis – Strengths – Weaknesses – Opportunities – Threats

Prefix

First Name *

Middle Name

Last Name *

Email Address *

Phone Number *

STRENGTHS

Is your business near an attraction? *

Is your business near a highway? *

Do you have a good marketing team? *

Do you have a good management team? *

Do you have a good workforce? *

Do you have good customer reviews on trip Advisor, Yelp and Google? *

Is your business year round? *

Strengths score of your business

WEAKNESSES

Is your business seasonal? *

Does your business have weak financial support? *

Do you have weak workforce? *

Do you have poor business location? *

Do you have poor customer reviews on Trip Advisor, Yelp, Google? *

Is your business away from a highway exit? *

Do you have a poor sales and marketing team? *

Weaknesses score of your business

OPPORTUNITIES

How many major attractions are there that bring tourists in you business area? *

How many local activities do you have that bring tourists to your business area? *

do you have any business closing that is similar to your business? *

Do you have any hospital near your business? *

Is there any major college or University near you business ? *

Is there any major sports complex for a major sports team near your business? *

Is there any corporate office of a major Company near your business? *

Is your business near state offices? *

Is your business near an Airport *

Opportunities score of your business

THREATS

How many competitors do you have within a 1/2 mile of your business? *

How many competitors do you have within 1/2 - 1 mile of your business? *

How vulnerable is your business for a threat like pandemic? *

How vulnerable is your business to weather? *

Is there any new business like your coming near you? *

Is there any industry moving out of your business area? *

Is the population of your business town decreasing? *

Threats Score of your business

Summary of your business's SWOT analysis

Strengths score of you business

Weaknesses score of your business

Opportunities score of your business

Threats score of your business

Overall SWOT score of your business

Conclusion

If your overall SWOT score is less than 1, please review your business's weaknesses and threats. Try to reduce both of these using strong management, sales, and marketing team. Higher your SWOT analysis number is from 1, you have better opportunities of being successful in your business.

If your scores of Strengths and Opportunities are less than 0.5, please review them and see what can be improved?

If your scores of Weaknesses and Threats are higher than 0.5, check what can be changed to move these scores to less than 0.5.

Note: Bisgrouplink reserves the right to change any questions and logic of the SWOT analysis on the Bizgrouplink platform. Bizgrouplink does not guarantee or warranty in any way success of your business. Our SWOt analysis is based on your answers to the questions and the logic.

How to measure the success of your business? SWOT

You may also like...

SBA HANDBOOK FOR BUSINESSES

How Branding Your Business Can Build You a Long-Term Following

When Starting a Small Business, Avoid These 10 Common Mistakes