SWOT or SOAR – Which is Right for Analyzing Your Business?

by | May 3, 2021 | Financial Strategy

SWOT or SOAR – Which is Right for Analyzing Your Business?

Now that you’ve finished first quarter 2021 tax filing and are looking ahead with recent financial statements in hand, it’s a great time to get some strategic planning under your belt.

As part of that exercise, we recommend doing an analysis of your business strategy and structure using one of two models: SWOT or your SOAR. These will help you understand your current position, identify necessary shifts, and prepare you for long-term sustainability and financial health.

Click here to read my full NJ CPA Magazine article Strategic Planning for Business — Do You SWOT or SOAR?

We are here for you.
Contact us to discuss how we can help you develop a strategic plan for your business: cheryl@cfoyourway.com or (973) 897-0650.

 

Best,

Cheryl