Swot Analysis: Grand Luxury Transportation
Stength
Opportunities
Familiar with the area of operations
Live in the area where business will be conducted
Good credit score that will help with obtaining a business loan
Use existing followers on social media to spread the word of service and business
Competition is already established within industry
Weaknesses
Paper work and baground checks for drivers may take alot of time
Lack fo exprience in the transportation industry
Pricing will have to stay competitve to the competition
Go to local car shows to have a brand presance in the community
Partner up with local businesses to offer services
Use positive feed fom test markets to establish a marketing plan
Threats
Biggest threat is cost
Competition may have better pricing so it's important for to research this area.
Competition has an established presence
Not enough vehicles to satisfy the demand