As businesses become more complex, it's important to have a framework for assessing the external factors that can affect them. One such framework is the PESTLE business technique, which helps businesses analyze the political, economic, sociological, technological, legal, & environmental factors that can impact their operations. In this article, we'll explain what the PESTLE business technique is, why it's important, & how to apply it to your own business. We'll also provide examples of how the PESTLE framework has been used successfully by other businesses. What is the PESTLE Business Technique? The PESTLE business technique is a framework for analyzing the external factors that can impact a business. The acronym PESTLE stands for: Political Economic Sociological Technological Legal Environmental Each of these factors represents a different category of external factors that can affect a business. By analyzing these factors, businesses can gain a better unders