How To Do An Effective SWOT Analysis with GWC Valves

How To Do An Effective SWOT Analysis with GWC Valves
May 23 08:48 2017 Print This Article

Performing a good SWOT according to GWC Valves is difficult. Many people in their business plans just copy in their strengths, weaknesses, opportunities, and threats but there is much more to writing a SWOT Analysis. The valve manufacturing company is responsible for SWOT Analysis’ throughout the years of their operations. Among one their first SWOTs, this is the one that was most successful.

  • Unique

The company is the first to offer their service in the Montreal region, more specifically the West Island.

  • Organization and diversity

The company is owned by 3 individuals whom each have specific skill sets such as selling and operations management. Having individuals who have diverse skill sets in an organization are more likely to succeed.

  • Expansion

There is opportunity for the company to expand into other districts of Montreal once they have dominated the West Island market. This opportunity will require more employees, route and appointment coordination, and machinery.

  • Equity and structure

The CEO has invested some of their own equity into the company however they have a personal plan if the startup does not workout.

Not only do the owners have a contingency plan, they do not have a monetary debt to pay; only time obligation.

  • Low overhead cost and maintenance cost

Often times, startups that have high initial costs do not last. The three owners of GWC Valves only have to worry about the transportation of their cleaning equipment and storage. This low overhead cost will give the startup a better chance at succeeding due to the longer amount of time to increase sales and begin a cash flow.

  • No Experience Managing

Although the owners have diverse skill sets, they have not owned a business before.

  • Low barrier of entries

The investment is fairly low and it requires no particular skills. Being first to enter the market will give GWC Valves a strategical position in the long term. Plus since prices are low, the owners do not believe that they will witness a price war. Therefore, developing good customer relationships will be key.

  • Seasonal barrier

It is possible that potential clients will not want to purchase the service because it is not the season that they need the service in. The campaign will be run during the spring and the service is targeted for the summer, when flow control is on demand.

  • Strong growth of demand

Since GWC Valves is owned by one individual and their investments are minimal, it will be easier to respond to high demand. They have the manpower and monetary liberty to fulfill rapid demand.

What made GWC Valve’s SWOT successful is that they elaborated on their points. The company is among one of the most innovative in the world. Take after GWC Valves’ SWOT next time you perform an industry of company analysis.

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