--- title: "What is a business SWOT analysis template?" description: "What is a business SWOT analysis template?" author: "Amartya Singh" published: 2023-10-20 updated: 2023-10-20 canonical: https://answers.mindstick.com/qa/104188/what-is-a-business-swot-analysis-template category: "business services" tags: ["business and industry"] reading_time: 2 minutes --- # What is a business SWOT analysis template? ## Answers ### Answer by Saumya Mishra **One of the most common strategic planning templates is a SWOT [analysis](https://www.mindstick.com/articles/339568/how-to-use-cohort-analysis-to-identify-high-retention-behaviors) [template](https://www.mindstick.com/blog/282/creating-custom-template-in-joomla) — strengths, weaknesses, opportunities, and threats. Many [business](https://www.mindstick.com/articles/23272/why-software-localization-is-important-for-your-business)** [**leaders**](https://yourviews.mindstick.com/view/tags/leader) **and product managers use SWOT analysis templates to get a clear picture of internal and external factors influencing their success.** ## Business SWOT Analysis Template **Strengths** What are your company's strengths? How do you differ from your competitors? Your USPs. To what do your customers love about your company? **Weaknesses** What are your company's weaknesses? With this question, one aims at finding out what you fail in comparing with your competitors. How would you define what your [customers](https://www.mindstick.com/business) don’t like most about your company? Where do you think your business should improve? **Opportunities** What possibilities does your company have? What is going on in the current state of your [practice](https://www.mindstick.com/forum/1974/wcf-interview-questions-and-answers-to-practice)? What do my customers want me to offer them? In what ways can [government](https://yourviews.mindstick.com/view/tags/indian-government) regulations change to favor your company? **Threats** What are your company’s risks? Who are your main competitors? What are some of the new [technologies](https://www.mindstick.com/blog/11429/tools-and-technologies-to-learn-in-2017) that might shake up the market you work in? What threats may be posed by changing consumer tastes to your company? SWOT Analysis Summary What are some of the major advantages and [disadvantages](https://www.mindstick.com/blog/300577/advantages-and-disadvantages-of-web-3-0) associated with your firm? What do you think of as the most critical opportunities and risks for your organization? How can you leverage your powers for gain? What steps can you take to address your weaknesses in order to avert threats? What are you most concerned about in the future? A thorough [understanding](https://www.mindstick.com/news/2594/understanding-what-the-breakthrough-in-fusion-energy-really-means) about your firm’s strength, weaknesses, opportunity, and threat will be possible through a SWOT analysis. You can use this information in formulating strategic action plans to guide you as you pursue your goals. --- Original Source: https://answers.mindstick.com/qa/104188/what-is-a-business-swot-analysis-template Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.