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Corey
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Conduct a SWOT analysis…

A SWOT analysis is a simple tool to help you work out the internal and external factors affecting your business. It is one of the most commonly used business analysis and decision-making tools. A SWOT analysis helps you:

  • build on strengths (S)
  • minimise weakness (W)
  • seize opportunities (O)
  • counteract threats (T).

Source: SWOT analysis | Business Queensland

Cheers
Corey