Give the SWOT Analysis Example about internet small business startup company:
What next? after the SWOT Analysis?
When you use SWOT analysis for planning, you need to adjust the positives to help take advantage of opportunities and identify gaps in the negatives that must be improved or managed. To draw conclusions from SWOT analysis, we need to take a strategic leap, study the connections between the categories (for example, where strengths help us mitigate threats), and look for trends overall.
Strengths - Balance base pay with performance-based bonuses by changing the pay structure to keep overhead costs low
Weaknesses - research, research and implementation of the project planning system and follow it
Opportunities - Test new markets with an existing product first
Threats - including business partners in performance-based commission schemes