Grounds to Goods

Strengths: 1. Sustainability Focus: Recycling coffee grounds into eco-friendly products meets the growing demand for sustainable practices. 2. Unique Offering: Transforming coffee waste into candles, soap, and coasters sets our business apart. Also, the combination of tea and coffee is innovative in the market. 3. differential products for customers with various demand. Weaknesses: 1. Limited Awareness: Educating consumers and businesses about this new concept may take time. 2. Production Complexity: Creating quality products from coffee grounds may increase our production costs. Opportunities: 1. Rising Sustainability Trends: Growing demand for sustainable products offers expansion opportunities for us. 2. Market Growth: Targeting eco-conscious consumers and businesses can lead to broader growth for our company. Threats: 1. Competition: Other businesses may start similar initiatives, reducing our uniqueness. 2. Consumer Resistance: Some consumers may be skeptical of products made from recycled materials.