Strengths
The strengths area of a SWOT analysis should focus on the internal elements of an organization. This section is where a spa would identify the strengths it currently possesses. For example, some spas may cite in this section quality customer service, low staff turnover, high customer referral rates, large product breadth, a unique spa experience, experienced staff members and a large client base.
Weaknesses
The weaknesses area of a SWOT analysis examines the internal elements of an organization. This section is where a spa would identify the areas where it is deficient. For example, some spas may cite in this section an inconvenient business location, dated or worn equipment, high overhead costs, a small client base or poor organizational leadership.
Opportunities
The opportunities area of a SWOT analysis should focus on the external circumstances an organization faces. The opportunities should range from local to distant factors that could potentially lead to growth or improvement. In this section, a spa would identify opportunities for growth or improvement it currently possesses. For example, some spas may cite in this section local population growth, business tax incentives, equipment price decreases or competitor spas closing or relocating.
Threats
The threats area of a SWOT analysis analyzes the external circumstances an organization faces. The threats should range from local to distant factors that could potentially harm or atrophy an organization. In this section, a spa would identify the threats that could harm the spa's current growth or status quo. For example, some spas may cite in this section luxury good tax increases, a poor economy, new competitors or do-it-yourself home spa products.
Building a SWOT Analysis
After writing out the strengths, weaknesses, opportunities, and threats sections, the next step is placing the information in a chart. To display a SWOT analysis, construct a... [continues]
The strengths area of a SWOT analysis should focus on the internal elements of an organization. This section is where a spa would identify the strengths it currently possesses. For example, some spas may cite in this section quality customer service, low staff turnover, high customer referral rates, large product breadth, a unique spa experience, experienced staff members and a large client base.
Weaknesses
The weaknesses area of a SWOT analysis examines the internal elements of an organization. This section is where a spa would identify the areas where it is deficient. For example, some spas may cite in this section an inconvenient business location, dated or worn equipment, high overhead costs, a small client base or poor organizational leadership.
Opportunities
The opportunities area of a SWOT analysis should focus on the external circumstances an organization faces. The opportunities should range from local to distant factors that could potentially lead to growth or improvement. In this section, a spa would identify opportunities for growth or improvement it currently possesses. For example, some spas may cite in this section local population growth, business tax incentives, equipment price decreases or competitor spas closing or relocating.
Threats
The threats area of a SWOT analysis analyzes the external circumstances an organization faces. The threats should range from local to distant factors that could potentially harm or atrophy an organization. In this section, a spa would identify the threats that could harm the spa's current growth or status quo. For example, some spas may cite in this section luxury good tax increases, a poor economy, new competitors or do-it-yourself home spa products.
Building a SWOT Analysis
After writing out the strengths, weaknesses, opportunities, and threats sections, the next step is placing the information in a chart. To display a SWOT analysis, construct a... [continues]
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