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Business Analysis Tools

Use a business analysis tool to assess your business and competitive environment

An analysis of your strengths, weaknesses, opportunities and threats is a great way to figure out what your business does well, and where you can do better. It also helps identify opportunities and identify threats or risks you need to be aware of. It can be useful to do this exercise for your competition too.

Useful resources

SWOT your business, and your competition

Information about PESTLE analysis, and how to write one

 

Back to How to achieve Commitment 1
Back to Achieving the 12 Commitments

 

 

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Review Your Vision and Mission

Your company vision should focus on where you want your business to be in the future. Consider how you can incorporate sustainability. Make it publicly available and ensure all your staff are familiar with it.

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Business Finances and Reports

About budgets and financial reporting

Mismanagement of money is a common reason businesses don’t succeed. Ensure you have robust systems in place to budget and keep track of your finances, and provide information to help you make business decisions.

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Understand your Risk Profile

What is a risk profile and why is it important?

Adequate preparation and cover for potential risk is vital to ensuring the economic sustainability of your business.

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Operate with Good Business Ethics

What is good business ethics?

Good business ethics covers the values and ethical rules of your business, as well as obligations such as paying the right tax at the right time.

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