1. VRIO analysis

A VRIO analysis can be used by looking at the value that a resource provides, asking if it rare, inimitable, and if you have organised yourself around it. See the below table to test if you have a competitive advantage.

VRIO Analysis

2. SWOT analysis 

A swot will explore four key aspects of your business

• Internal/present factors
  • Strengths: what are your key abilities, resources and advantages that you have
  • Weaknesses: what are you lacking in currently, what are your disadvantages
• External/Future Factors
  • Opportunities: What are potential factors coming down the pipeline that you can potentially turn into your strengths that are externally affecting your business.
  • Threats: what are potential factors that could lead to you being disadvantaged and you are at risk of effecting your business

Sprintpoint SWOT Analysis