External analysis

What does external analysis mean?

An external analysis is conducted as part of the SWOT analysis. External analysis involves mapping out the market situation as it affects your business. It identifies where the opportunities lie for your business and where the threats to your business come from.

In addition to external analysis, an internal analysis is also carried out as part of the SWOT analysis.

Determine the Goal, Make a Plan, and Get Started

Determine the goal, make a plan, and get started. Does that appeal to you? Then start your journey towards growth and success now, completely free of charge. We give you 14 days to experience our structured Route ICR approach, from step-by-step plans and e-learning to collaboration and improvement plans. And there's no obligation!

Also read Successful entrepreneurship can be learned.