You've conducted a SWOT analysis. How can you turn identified strengths into market advantage?
Once you've completed a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis for your business, you've essentially mapped out a strategic landscape. This tool is foundational in business analysis, helping you to identify the internal and external factors that can impact your business. The strengths section of the SWOT analysis specifically highlights what your business excels at. It's these elements that you'll want to leverage to gain a competitive edge in the market. Think of your strengths as your business's superpowers – they're unique assets that you can use to differentiate yourself from competitors.