SWOT analysis is a simple planning tool that compare strengths and weaknesses with opportunities and threats to create an action plan.
Strengths and weaknesses are internal to the business or individual being analyzed while opportunities and threats are external factors.
While SWOT analysis can be used for personal development, it’s most commonly used as a business planning tool.
I call SWOT analysis the Swiss army knife of business planning tools because it can be used for so many different planning purposes.
18 Jan
Posted by: Melissa N in: Business News
Published on Jan 16, 2012 Purchase this article for republication Buy SPH photos
NEW YORK (AFP) – Carnival Corp, the owner of the luxury liner that ran aground off the Italian coast with the loss of at least six lives, said on Monday the initial cost of the disaster was US$85-95 million (S$110-123 million).
The company said its priority was the ‘safety of our passengers and crew’ and expressed condolences to the families of those who had died when the ship grounded and then pitched over to leave it half submerged late on Friday.
‘A damage assessment review of the vessel is currently being undertaken…
Micky Arison has severed his ties with Bank Hapoalim after selling his 23 percent of Arison Holdings Ltd. to his younger sister, Shari Arison, on Tuesday, giving her full control of the company. He owned the stake through Nickel 97A Trust.
The size of the deal is not known, and Arison Holdings declined to comment.
Arison Holdings owns 20.2% of Bank Hapoalim. The value of the Bank Hapoalim shares that Shari Arison will acquire through the deal is about NIS 800 million, after the 31% fall in the bank’s share price this year.
“This is a family deal,” a person familiar with the matter said.
Micky Arison is the controlling shareholder and chairman of Carnival Corporation and has not been involved in Bank Hapoalim since giving his voting rights to his sister. Globe Read more…
A bankruptcy judge broadened powers held by the trustee overseeing the EpiCentre as disputes intensified over a range of issues – from alleged self-dealing to claims of blackmail to questions over who owns valuable air rights above the popular complex.
U.S. Bankruptcy Court Judge George Hodges in October appointed Elaine Rudisill to manage the 302,000-square-foot project at the request of the EpiCentre’s lender, Blue Air 2010.
On Thursday, Hodges gave Rudisill full control of the project.
02 Dec
Posted by: Melissa N in: Business News
WORCESTER — For the fifth consecutive year, Bustard’s Christmas Trees has committed to donating 50 trees to the Trees For Troops program.
Jay Bustard — whose family runs the tree farm at 2210 Bustard Road in Worcester — is hoping their customers will be equally generous.
On Saturday and Sunday, from 9 a.m. to 9 p.m., patrons of Bustard’s Christmas Trees will have the opportunity to purchase and donate holiday trees that will be sent to military bases throughout the country and overseas.
In each of the last four years, Bustard’s Christmas Trees has sent between 250 and 260 trees, according to Jay Bustard. He sa
The end of the year is a good time to reflect on your business’s progress over the past year and plan how you want your business to develop. Do you want increased success in 2010 or the chance to enjoy the success you’ve achieved more? These top 10 New Year’s resolutions are designed to help you strike a better work-life balance, so you can achieve a truly satisfying success in the New Year.
1) Learn how to delegate and do more of it.
2) Promote your business regularly and consistently.
Too often the task of promoting a small business slips to the bottom of the to-do list in the press of urgent tasks. If you want to attract new customers, you have to make promotion a priority.