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Our Bar SWOT Analysis:
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Strengths - Location.
- Capacity. - Big parking area. - Alcohol and smoking capability. - Right next to multiple universities - Bar exterior is clean and tidy. - Competitive Pricing. - Style is new to the area. - Themed entertainment nights. - Branded image. - Wide range of choices available for customers. - Employ well-trained staff. - Very limited immediate competition. |
Weaknesses - Many other places to go with friends and drink.
- Bars also could offer videogames. - House parties that also have videogames. - Many students may go home, wherever that may be during the off season - Bar is new and not established. - Limited funds available. - Offer a product which is already available. - Customers may have to travel to get to the bar. |
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Opportunities - Not many other videogame-bars in the area.
- Many people that fit our target market in the surrounding area. - A new office complex may be opening nearby. - A new housing development may being built nearby. - A main competitor is losing business. |
Threats - The emergence of more competitors.
- Videogame-club already established. - Operating costs are set to increase. - Bar lease is up for renewal and a rent increase will happen. - Main competitor will lower their prices and start a price war. |
History: Version 11 (Newest), Version 10, Version 9, Version 8, Version 7, Version 6, Version 5, Version 4, Version 3, Version 2, Version 1 (Oldest)
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