This document discusses the key components of a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis for entrepreneurship projects. It defines each component and provides examples. Strengths and weaknesses are internal factors that a company can control over time, while opportunities and threats are external factors outside a company's control. Conducting regular SWOT analyses allows companies to assess their changing environment, build on their strengths, improve weaknesses, and strategize to capitalize on opportunities while minimizing threats. The document emphasizes using SWOT analyses for both existing and new businesses as part of ongoing planning and strategic decision making processes.