SWOT Analysis
Strengths:
- Our people- As a tutor, we have to adapt to the people we are tutoring and be experts in what knowledge we are communicating.
- Advanced Resources- Having computers to accommodate those looking for tutoring on their program skills, can be a strength.
- Location- We are located in a town, which can mean we are within walking distance. Whether it be tutors walking to houses, which we do not mind driving, or customers walking to the business.
- Lack of space- Tutoring services that cannot offer enough space on a site will be limited to customers who want the tutors to come to their homes. If we do not have enough space, we will not have many customers nor enough money.
- Lack of Funding- Without enough money that is needed, we will not be able to pay off debts we may have or pay bills that come up.
- Our People- As tutors, we can use ourselves to find partnerships with academic institutions that have students who need tutoring
- Schools- Those that do not have enough funding, could have us to help tutor students.
- Competitors- Businesses that offer the same service within our area, can pose a huge threat. They can take customers for our facility, which means money that we will need.
- Small Marketing Campaign- With a small marketing campaign, the less of a chance we will have getting customers and money to help our business get across. If there is competitors who has a higher campaign than us, then that poses an even bigger threat to us because people will begin to focus more on them.
- Little to No Motivation- Tutors who have little to no motivation are less likely to keep customers at our facility. People will want to start leaving and not come back due to sloppy teaching and no help. Then we will face people wanting their money back. So what we would need are tutors with motivation to help those in need and help the business to keep running further into the future.