Swot Analysis

865 words - 4 pages

I chose to do an S.W.O.T analysis on the Engineering Consulting Business Plan. During my analysis I found many strength's that the company had. Such as having the eighteen years of experience: to go along with the business. Another strength was having a projected idea of what your profit would look like in three year which was an outstanding 20 % increase. By having his company on the construction - architecture market he put his self in a good situation for his type of business, because the demand for his type of work is steadily increasing.Depending on how many offers the company has been given would determine easily in the first year if the company was able to increase the projected ...view middle of the document...

A big threat that the company may encounter is if other similar companies decide to drop the cost of labor for the job to receive more clients. This could cause a loss in business and in economy. In the summary it didn't explain whether or not the company would be able to react if given a task that they weren't' familiar with so I found it to be a threat, because there are a lot of experienced companies that are able to react and respond quickly to change.Strengths Opportunities *18 years of experience.*Projected three year profit increase rate 20 %.*Foreign business partners *Chose the right market for his business the architecture * Market.*Efficient amount of materials.*Having a well trained co -operative team to do the work.*Leadership and management *Made sure that if business didn't start up quick enough that there was an emergency amount of money just in case .*Used 20 thousand to add to the initial investment for extra supplies.*Demands are constantly increasing for new building structures.*The projected income could easily increase to over 20 % depending on the amount of business offers.*Due to team skills and hard working attitudes the employees are able...

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