SWOT analysis is a business strategy that can be used to help businesses make decisions about products or services, cost and pricing, marketing strategies and more. In terms of its broader use, SWOT analysis is also used for personal growth to increase self-awareness and think about what you are good at and what you're not so lucky in.
The SWOT analysis template consists of two broad sections: the strengths section and the weaknesses section. The strengths section should be filled with things you are skilled in or excel at. The weaknesses section should be filled with things your business would struggle or fail without.
Also Read :- why SWOT analysis is important for any business enterprise?