You shouldn’t waste any of your valuable time. I want you to get the most out of your PEST analysis. When you do, it’s possible to gain insight into politics, the economy, your customer, and technological advancements.
With SWOT analysis, companies can dive deep into their offerings and figure out the most effective way to plan, position, and execute processes or ideas. We plan because starting a business is hectic. SWOT analysis keeps businesses on the right track.
SWOT analysis is a tool used in strategic planning, often by the business analyst, to address complications or issues within the framework of a firm.
The market analysis for your business plan must explain the strengths of your industry, product, & marketing strategies, backed with stats & reliable data.