Any savvy businessperson worth his or her job title knows that any company or institution exists primarily to fill a need in the environment. Even institutions motivated to generate profits know that their best bet is to actually serve a purpose in the larger scheme of the community. For that reason, an analysis of the various needs you aim to fill is one of the most important core assessments you can carry out.
What kind of needs are we talking about? This could be the need of the customers or of the company itself to grow and develop. To help you draft a workable analysis template, these free examples and templates will show you how different needs are identified and addressed in a professional setting.
This is the crucial question. And the answer you and your team of decision makers come up with will determine the course of the company and guide every important decision down the road.
First, understand that the need, want, requirement, or lack can go both ways: it will come from your customer or client or it will come from you.
A Customer Analysis is something in regular use in high-performing industries. You can quickly run into trouble if you lose touch with your client base and what is actually being demanded. The needs analysis in this case will help you determine
This should be intuitive to you. Here are some samples to help you out if it’s not:
When it comes to the company, the needs become more detailed. Your needs may belong to these general categories:
To pinpoint any general needs to address, consider the Business Needs Analysis Template to give your company an overall look.
Are you just starting out your company?
The Basic Needs Analysis Template above can serve as a useful checklist to help you plan for everything you will need at the most basic level to build a functional company from the ground up. Once you have the inventory down, conduct a Financial Analysis to see what kind of money you will then need to raise.