Weaknesses are the negative parts inside your business.
They are the things that stop your growth or reduce your success.
These are also internal factors.
Examples:
- Limited marketing budget
- Poor customer service
- Weak branding or website
- No online presence
- High employee turnover
- Old or slow technology
Questions to Identify Weaknesses:
- Where do we lose money or time?
- What do customers complain about?
- What are competitors doing better?
- What skills or tools do we lack?
Tip: Turn weaknesses into improvement goals.
