Having an overview of your business before you create a business plan is essential. While Google will steer you to a multitude of SWOT analysis samples, we provide links below to three of the most helpful samples of SWOT analysis.
SWOT analysis samples: An overview
SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. These four headings provide a framework for analysing a company, business proposition or any other idea.
Strengths and Weaknesses are internal SWOT factors. Opportunities and Threats are external SWOT factors. Strengths and Opportunities are positive factors, while Weaknesses and Threats are negative factors.
A SWOT analysis will not necessarily cover the entire business, just the factors that might influence its ability to introduce a new product or strategy.
SWOT analysis is the first stage of planning and helps the company to focus on key issues.
Where to find SWOT analysis samples
SWOT analysis templates are one of the easiest ways to do a SWOT analysis of your project, business or the company. There are several configurations that a SWOT analysis can take:
1. Creately SWOT
Creately provides examples of the various approaches to SWOT analysis. They include internal and external factors and divide the process into positive and negative influencers.
Related: SWOT Analysis Template
Companies of all sizes carry out SWOT analysis on their business to see where they fit into the marketplace. Practicing doing a SWOT analysis sample teaches you to construct the vital information needed to make informed decisions about the direction your company is going, or needs to go now, or in the future.
2. Business Tune-ups SWOT
Business Tune-ups provides examples of SWOT analysis by some of the world’s leading brands, including Nike and Walmart.
3. Gliffy SWOT
Gliffy provides various templates that you can download that provide an assortment of ways to structure your SWOT analysis. You’ll find examples of SWOT analysis tools ranging from fun to professional.
How to carry out a swot analysis
- Establish your objectives: be clear about what you plan to do and why.
- Decide who is going to participate.
- Research the four sectors relative to the objective.
- Choose a SWOT analysis sample that most closely meets your needs. You’ll see that the SWOT analysis template is presented as a grid, comprising four sections, one for each of the SWOT headings.
- List the potentially negative aspects of your proposed product or course of action under Weaknesses and Threats.
- List the positive aspects of your new product or venture under Strengths and Opportunities.
- Evaluate the listed items against the stated objectives
You Need to Know This: A SWOT analysis is important, but it’s not enough. You should also run a Market Analysis. Read How to Conduct a Business Plan Market Analysis.