In both the Retail and In-Store Bakery worlds January is traditionally a bit slow. So you should take advantage of this to perform a “SWOT ANALYSIS” for your Bakery. What is a SWOT Analysis? A SWOT Analysis is a strategic planning technique used to assess the internal and external environment in which a company operates and competes.
SWOT ANALYSIS – A TOOL TO DEVELOP YOUR BUSINESS STRATEGY
Where are you now, where have you been, and where are you going?
Any time is a good time to evaluate how your business is doing “strategically”. Ask yourself what changes you would make if you had to do it all over again? This is a simple, important, and worthwhile exercise that is sure to benefit you if you stay committed to making the changes you identify in this exercise.
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