Feasibility Study

• Feasibility Study

  ● The preparation of a Business Plan complements the project feasibility study. The feasibility study is a major information source in making a critical decision about whether to go or not to go into the business.
• Feasibility Study Checklist:

  ○ Is there a demand for the product?

  ○ Who else is producing similar products?

  ○ What is needed to make the product?

  ○ What is the cost of producing a product?

  ○ What is the likely profit?
• Feasibility and Business Plan

  A) Feasibility Plan

  B) Business Plan