4 key areas to do thorough business evaluation

it is always good to do a periodic business evaluation This will help you to assess your company's performance and also remedied areas that needs quick intervention.

Strengths:
it is good to always evaluate the business strength to enable you know what the company is perfect at, to keep doing it

Opportunities:
Another area to evaluate is the business opportunities. This will help you know your business potentials and how to utilize them.

Weaknesses:
This is to identify your business weaknesses, this help you create workable ways for strengthening the business in different areas.

Threats:
Another business area to review are the business threats Evaluate them to find suitable solution for them.

What do you think?

The weaknesses are extremely important. Most business owners today tend to focus too much on their strengths alone. Knowing your weakness would definitely help you build yourself to overcome this weakness.

You are right business owners tend to focus so much on their strengths because they want to lure more customers but it is also good to Knowyour weakness so that you can work on them.

Most young entrepreneurs would focus on the opportunities and forget about the threat so that they are caught off guard when the threats show up. I think businesses should have a balanced assessment when weighing these variables.