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User Generated >> Connect Inc. SWOT Analysis:

Strengths

Cost advantage
Online growth
Innovative product, our team is the first foot on the ground in this area.
Our director of marketing is very competative, and through experience has a substantial amount of connections to work with, many parties interested in getting this product off the ground.
Small team, collective goals, very good communications.
Our costs are minimal and potential for growth is great.
Employees know and trust each other very very well. Well aware of each others capabilities, strengths, and weaknesses.
Each employee has a vested interest in the success of company, have the passion and drive to achieve it.
75% of staff is willing to work with no compensation until company is profitable

Weaknesses

Team is young, and new to the industry, some connections may not take them seriously at first.
initial funding is low.
the organization is dependent on the success of its flagship product. WIthout its success growth is highly unlikely.
This is not employees only job, many are still in school. 100% of there efforts can not be put into the company.

Opportunities

Innovation
Online
Product and services expansion
If customers and app users are established, future income is highly probable.
Inexpensive alternative to competition, customers are not hesitant to spend 3.99.
Opportunities for branding Connect inc products.
sales outlet is already established and opens doors to a world wide marketplace

Threats

Competition
Price wars
Product substitution
Automobile technological advances could prove it obsolete if available.
Low starting budget, if gets to expensive may need to take on additional investors which would create debt or lower current teams income.

History: Version 1 (Newest)

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