SWOT Analysis
Strength: * As experienced professionals, we have numerous contacts in the film industry. * Two of us have strong sales and interpersonal skills. * Two of us have strong technical skills and are familiar with several filmmaking software tools. * We all have impressive samples of completed projects.
Weaknesses: * None of us have accounting or financial experience. * We have no clear marketing strategy for products and services. * have little money to invest in new projects. * We have no company website and limited use of technology to run the business
Opportunities: * A potential client has mentioned a large project she would like us to bid on. * The film industry continues to grow. * There are two major conferences this year where we could promote our company.
Threats: * Other individuals or companies can provide the services we can. * Customers might prefer working with more established individuals and organizations. * There is high risk in the film business
| Strength | Weaknesses | |
|---|---|---|
Opportunities |
S-O strategies pursue opportunities that are a good fit to the company’s strengths |
W-O strategies overcome weaknesses to pursue opporunities |
Threats |
S-T strategies identify ways that the firm can use its strengths to reduce its vulnerability to external threats |
W-T strategies establish a defensive plan to prevent the firm’s weaknesses from making it to highly susceptible threats |