D Communication Guide Nov. 2013 | Page 8

This tutorial will guide you step by step through strategy development for startups. While following the steps you will find yourself shaping your business idea. You will learn to think strategically. A word of caution: every business situation is unique so you need to reevaluate and adapt some of the tips instead of applying them straight away. Step One is about shaping your business idea and turning it into a usable and measurable strategy. What is your company going to sell? Is there market for that product? What about competition? Who are going to be your target group? Finding those answers includes SWOT analysis and finding your niche. Business Idea Strengths SWOT Analysis Busine Weaknesses Threats Core C tences Opportunities 8