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JRELATIONS OPERATIONAL SWOT ANALYSIS. STRENGTHS Balance & Diversification – We offer our clients variety in public relation areas & marketing strategies.

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Presentation on theme: "JRELATIONS OPERATIONAL SWOT ANALYSIS. STRENGTHS Balance & Diversification – We offer our clients variety in public relation areas & marketing strategies."— Presentation transcript:

1 jRELATIONS OPERATIONAL SWOT ANALYSIS

2 STRENGTHS Balance & Diversification – We offer our clients variety in public relation areas & marketing strategies. Experience – We are the best at what we do! Driven – We are passionate & enjoy helping people. Organization – We have set attainable goals as well as a plan in which to attain them. Social Media & IT Savvy o Twitter, Facebook, LinkedIn, YouTube & more Practice Effective Outsourcing Conveniently Located

3 WEAKNESSES We have not established a reputation or developed a solid client core Too many services & projects are having to be outsourced We are relatively small in terms of staff

4 OPPORTUNITIES Potential for New Clients in Various Areas o Entertainment Industry  Travel – Airlines, Hotels & Resorts  Local Venues – Wakeboard Park, Lazy E, Clubs o Science Sector – Alternative Fuels, “Green” Solutions o Education Sector – UCO, OU, Rose State, OSU, SNU, OCCC, OCU as well as lower public education levels Economy o Bank on the fact that advertising is down – PR is more effective as well as necessary o Companies laying off employees they will have a need to outsource PR, marketing & advertising.

5 THREATS Current failing economy Lack of advertising as well as word of mouth All around budget restrictions due to the slowing market Other PR firms Marketing & advertising agencies Organizations that operate completely internally

6 ROLLING WITH THE PUNCHES While we have yet to establish a viable reputation in the market, as well as lack some necessary rapport, we still have the opportunity to service our current & loyal clients. The educational background of our team members has been a major contribution in conducting our business. The growing entertainment & travel industry, as well as alternative fuel industry, are also opportunities for us. We plan to continue to work with them as we gain reputation in the market.

7 BUSINESS PLAN TIMELINE (2009 Goals) March – May: Complete business plan June: Present business plan and financial needs to bank Mid-June – August: Begin advertising efforts; build customer base; complete Web site launch September: Rent office space; purchase furniture and electronic equipment October-December: Open for business (continue to refine initial market as needed)

8 BUSINESS PLAN TIMELINE (2010 Goals) January: Evaluate customer satisfaction and tweak necessary areas (create advisory board if needed) February: Review financial situation internally and enhance efficiency as needed March: Re-evaluation with banker


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