Have you ever tried to find out what is SWOT analysis? And why it is advisable for any startup? Why it is necessary to analyze every small thing before taking any decision? Let’s have a quick definition. A SWOT analysis is a methodology ideal to describe your startup in terms of specific factors that can impact upon it. In SWOT analysis, the Strengths and Weaknesses of the business are measured (its internal resources and capabilities) first. Then business Opportunities and Threats (any external or internal dangers to the organisation) are identified. This article contains swot analysis definition and examples both and in easy to understand language.
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