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What is a (SW)OT Check?

The business world is a competitive arena where organizations strive to achieve their objectives and outperform their rivals. To succeed, it is crucial for businesses to understand their internal and external environment and adapt accordingly. The SWOT analysis, a powerful strategic planning tool, can significantly contribute to a company’s growth and success by identifying its Strengths, Weaknesses, Opportunities, and Threats.

If your usiness is selected for a SWOT Check, a SWOT report will be prepared for you. At the first, they will focus on the Opportunities and Threats, which are external factors. This is to help a business owner and potential supporter gain more insight and understanding into the context within which they operate. As an analytic research activity, it is based on facts or information already available, presenting opportunities in the market that the business may have otherwise overlooked as well as potential threats and risks within their industry.