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  • Swot Analysis of Errand Service

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    Rosita Aquino Pacibe
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    This SWOT analysis examines an errand service business. Key strengths include high barriers to entry for competitors, a visible website, and limited startup risk and competition in the local area. Weaknesses are potential competitors offering similar services easily, high transportation costs, and limited pricing flexibility and startup costs. Opportunities exist in targeting busy workers, seniors, the disabled, and students with the unique business concept. Threats include potential regulatory changes and increases in input prices forcing price increases.

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    This SWOT analysis examines an errand service business. Key strengths include high barriers to entry for competitors, a visible website, and limited startup risk and competition in the local area. Weaknesses are potential competitors offering similar services easily, high transportation costs, and limited pricing flexibility and startup costs. Opportunities exist in targeting busy workers, seniors, the disabled, and students with the unique business concept. Threats include potential regulatory changes and increases in input prices forcing price increases.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    673 views1 page

    Swot Analysis of Errand Service

    Uploaded by

    Rosita Aquino Pacibe
    This SWOT analysis examines an errand service business. Key strengths include high barriers to entry for competitors, a visible website, and limited startup risk and competition in the local area. Weaknesses are potential competitors offering similar services easily, high transportation costs, and limited pricing flexibility and startup costs. Opportunities exist in targeting busy workers, seniors, the disabled, and students with the unique business concept. Threats include potential regulatory changes and increases in input prices forcing price increases.

    Copyright:

    © All Rights Reserved
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    SWOT ANALYSIS OF ERRAND SERVICE

    STRENGTH WEAKNESS
     High barrier entries  Competitors can offer similar
     Highly Visible Website product/service easily
     Limited Start up risk  High transportation cost
     Limited competition in Baguio area  Limited flexibility in pricing
     Ability to sell/service online  Limited start-up cost

    OPPORTUNITIES THREATS
     Unique business concept to grab the  Changes in regulations can impact the
    opportunity to penetrate the market business
    among the busy workers, senior citizens,  Increases in price input can cause upward
    Person With Disability(PWD) and pricing
    students.

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