Course Content
Business Registration
Southwark Pioneers Fund: Launchpad

This lesson helps learners understand their current business reality so they can plan operations that are realistic, achievable, and aligned with their capacity.

SWOT is used here not as a theory exercise, but as a practical planning tool.

 

Learning Objectives

By the end of this lesson, learners will be able to:

  • Understand the four components of a SWOT analysis
  • Distinguish between internal and external factors
  • Conduct a simple SWOT analysis for their business
  • Use SWOT insights to inform operational priorities

 

Why This Lesson Matters

Many founders plan based on:

  • What they wish they had
  • What they think they should be doing
  • What others are doing

This often leads to:

  • Overstretching time and money
  • Poor execution
  • Burnout

 

SWOT brings honesty into planning.

It helps answer:

  • What can I realistically do right now?
  • What do I need to improve or avoid?
  • Where should I focus my limited resources?

 

Part 1: What Is a SWOT Analysis?

A SWOT analysis is a tool used to assess internal and external factors that affect your business operations.

Category

What It Looks At

Strengths

What you do well

Weaknesses

Where you struggle or lack capacity

Opportunities

External factors you could take advantage of

Threats

External risks or barriers

Internal vs External

  • Internal factors → Strengths & Weaknesses
    (skills, experience, resources, systems)
  • External factors → Opportunities & Threats
    (market trends, competition, customer behaviour)

 

Part 2: SWOT Example – Artisan Coffee House

Business Idea: Small independent coffee shop

Strengths

Weaknesses

Skilled barista

Limited startup funds

Unique coffee blends

No business experience

Good location

Not confident with tech

 

Opportunities

Threats

Growing support for local businesses

Strong competition

Rise in takeaway culture

Rising supplier costs

Online ordering demand

Large coffee chains

 

Part 3: Analysing Your SWOT for Action

SWOT becomes useful only when you act on it.

Ask the following questions:

SWOT Area

Planning Question

Strengths

How do I build on these?

Weaknesses

How do I reduce or work around these?

Opportunities

Which ones can I realistically pursue now?

Threats

How can I reduce the impact of these?

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