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Assignment:
This section provides details on your industry, the competitive landscape, your target market and how you will market your business to those customers.
1. Threats and opportunities
Once your business surmounts the barriers to entry you mentioned, what additional threats might it face? Explain how the following could affect your startup:
• Changes in government regulations
• Changes in technology
• Changes in the economy
• Changes in your industry
Use the SWOT Analysis Worksheet to identify your company's weaknesses and potential threats, as well as its strengths and the potential opportunities you plan to exploit. Can any of your strengths help with improving your weaknesses or combating your threats? If so, please describe how below. Based on the information collected in the SWOT analysis, what are your immediate goals/next steps? What are your long-term goals/next steps?
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