Real Estate Business Plan Template Free Computer Applications Assignments
As well as a defined mission statement, make sure to include: (Source) A SWOT analysis is a technique used to identify and define several key characteristics that will impact your business: Strengths, Weaknesses, Opportunities, and Threats.Think of it this way: Strengths and Weaknesses are .
This helps you decide what’s realistic and feasible to achieve in your business plan.
It could be as simple as filling 4 sheets of paper with descriptions of the strengths, weaknesses, opportunities, and threats — collaboratively or alone.
To make the answers clearer and the exercise easier, you can use questions like: makes it easier to stay motivated, track progress, and see the measurable effect of achieving it.
An analysis can be as simple as making lists of items under each of these categories.
For example, a strength could be a strong and experienced sales team, while a weakness might be that your business is expensive to run because you haven’t nurtured supplier relations.