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M5/K3/A3 - Evaluation using SWOT
With the support of the ERASMUS+ PROGRAMME of the European Union
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What is SWOT? Strengths Weaknesses Opportunities Threats
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What is SWOT analysis? An evaluation undertaken by an entrepreneur to identify the internal strengths and weaknesses, as well as the external opportunities and threats of their social enterprise
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Examples of Strengths Strengths are Internal
What is good about your social enterprise? Unique Idea Good relationships with users Low costs Enthusiastic entrepreneur
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Examples of Weaknesses
Weaknesses are Internal What could your social enterprise improve? No reputation (new business) Small number of staff Access to finance Limited entrepreneurial experience
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Examples of Opportunities
Opportunities are External What opportunities can you see for your social enterprise? Social enterprise sector is growing Government support for social enterprise No/ limited number of competitors
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Examples of Threats Threats are External
What challenges can you see for your social enterprise? Potential competitors Changing user needs Changing technology
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