SWOT paper that details
1 –A description of your new venture (have a clear introduction)
2 – Include a simple quad chart and with the four basic quadrants embedded in your paper
3 –A thorough explanation of what you have learned from the analysis, further defining the strengths, weaknesses, opportunities and threats.
4 –Monetary information. You can’t evaluate a new start up for a beauty salon if you don’t include the costs to start up. How many haircuts would you have to provide customers before you break even each month (of course you can estimate costs)? For example, you have to purchase equipment (dryers, chairs, etc.) and you have to rent space (or buy space). What is the monthly rent or mortgage payment and how easily will that be earned each month. Include all other costs also (payroll, supplies, advertising, etc). Where will the startup money come from?
5- An evaluation – based on what you have learned, will you continue your business venture?
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