Business Development Strategy through SWOT Analysis in Nicesy Donut and Bakery

This study explores the business development strategy of Nicesy Donut and Bakery through a comprehensive SWOT analysis. Nicesy Donut and Bakery is a well-known bakery in Cilegon, Indonesia with various products and has been established since 2003. The business aims to capitalize on emerging opportunities, such as increasing demand for healthier options and expanding into new markets. This study employs a qualitative approach using interviews with Nicesy Donut and Bakery’s owners and managers between June and July 2024. The analysis highlights leadership, marketing and product management strategies, potential threats, rising ingredients costs and intense competition. Based on the SWOT analysis, strategy and recommendations are provided to enhance the bakery’s market position and drive sustainable growth. This study contributes to the understanding of how small businesses in the bakery industry can utilize strategic tools like SWOT analysis to develop and implement effective business strategies.

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Publication Details

Journal
Innovation Technology and Entrepreneurship Journal
Published
2024-08-29
DOI
https://doi.org/10.31603/itej.12066
Citations
1
Primary Topic
Food Science and Nutritional Studies
Type
article
Field-Weighted Citation Impact
0.31
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article

Business Development Strategy through SWOT Analysis in Nicesy Donut and Bakery

Ihsan Dwi Febrian, Rafael Surya Adi, Muhammad Jahdan Asy-Syamil, Iqyan Faiz Ramadhan
1 citations
Innovation Technology and Entrepreneurship Journal
Food Science and Nutritional Studies
0.31
article

Business Development Strategy through SWOT Analysis in Nicesy Donut and Bakery

Ihsan Dwi Febrian, Rafael Surya Adi, Muhammad Jahdan Asy-Syamil, Iqyan Faiz Ramadhan
article en
1 citations

Abstract

This study explores the business development strategy of Nicesy Donut and Bakery through a comprehensive SWOT analysis. Nicesy Donut and Bakery is a well-known bakery in Cilegon, Indonesia with various products and has been established since 2003. The business aims to capitalize on emerging opportunities, such as increasing demand for healthier options and expanding into new markets. This study employs a qualitative approach using interviews with Nicesy Donut and Bakery’s owners and managers between June and July 2024. The analysis highlights leadership, marketing and product management strategies, potential threats, rising ingredients costs and intense competition. Based on the SWOT analysis, strategy and recommendations are provided to enhance the bakery’s market position and drive sustainable growth. This study contributes to the understanding of how small businesses in the bakery industry can utilize strategic tools like SWOT analysis to develop and implement effective business strategies.

Innovation Technology and Entrepreneurship JournalVol. 1(2)
Yogyakarta State University (ID)
Openalex Percentile: Top 42%
Food Science and Nutritional Studies
0.31
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