PESTLE Analysis

PESTLE Analysis: You can use this method to consider possible impacts that could affect your business

Political- Taxes and VAT rates

Economic- Inflation rates, foreign exchange rates, interest rates, effect on supply and demand

Social-  High/Low employment, culture, age demographics and gender

Technological-  Be up-to-date, cost of new equipment/methods, staff training and web developments

Legal-  New sector legislation, manufacturing costs, meeting standards

Environmental- Recycling, ethical implications, carbon footprint, ecological influences and regulations