How can I improve my SWOT analysis?
To improve your SWOT analysis, consider gathering diverse perspectives from your team and using data to support your points.
What specific data should I include?
Include market trends, competitor analysis, customer feedback, and internal performance metrics to strengthen your analysis.
How often should I update my SWOT analysis?
It's best to update your SWOT analysis at least annually or whenever there are significant changes in your business environment.
Can you give me an example of a strong SWOT analysis?
Sure! A strong SWOT analysis clearly outlines strengths like a strong brand, weaknesses like high turnover, opportunities like market expansion, and threats like new competitors.
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