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Many tools are used to assist appraisers in conducting New Jersey business valuations. Invented in the 1960s, the SWOT analysis is one of these tools that has survived the test of time. SWOT, which stands for strengths, weaknesses, opportunities, and threats, should be used in most situation analyses, including business appraisals. Strengths and weaknesses are internal, while opportunities and threats are external. In this video, Robert A. Bonavito explains why going through this framework helps NJ business valuation accountants develop a better narrative of what happened, when it happened, and how it happened. He then uses a real-world example of a SWOT analysis. For more information, visit http://www.rabcpafirm.com/practices/valuations/?utm_source=youtube.com&utm_content=HAMhgRTvbBs.
Robert A. Bonavito, CPA PC
http://www.rabcpafirm.com/?utm_source=youtube.com&utm_content=HAMhgRTvbBs
1812 Front Street
Scotch Plains, NJ 07076
Telephone: (908) 322-7719
Fax: (908) 322-7792
The post NJ Business Valuation Toolkit: SWOT Analysis appeared first on HumanitasConnects.
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