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Even if entrepreneurs have a great business ideas they still have to
find a cost-effective way to market and sell their products and
services.
Types
1. Market Feasibility:
Includes a description of the industry, current market, anticipated
future market potential, competition, sales projections, potential
buyers, etc.
2. Technical Feasibility:
Details on how to deliver a product or service (i.e., materials, labour,
transportation, where the business will be located, technology
needed, etc.).
3. Financial Feasibility:
Projects how much start-up capital is needed, sources of capital,
returns on investment, etc.
4. Organizational Feasibility:
Defines the legal and corporate structure of the business (may also
include professional background information about the founders and
what skills they can contribute to the business)
A good outline for Feasibility study
a. Introduction
b. Product or Service
c. Technology
d. Market Environment