4

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 1

A feasibility study assists an entrepreneur in determining the answer to the query.

Should I go ahead
with the proposed company idea or should I back out? Whether or not it is a viable business enterprise
remains to be seen. Typically, a feasibility study should be carried out in order to estimate the likelihood
of the idea becoming a successful business venture. If done correctly, it will act as a master plan for the
establishment or development of the firm, as well as the development of its products and services.

When evaluating the viability of an idea, the emphasis is on detecting potential difficulties. The study
seeks to answer one primary question: "Will the idea work, and should you proceed with it?"

Feasibility studies can be used in a variety of situations, although they are most commonly used to
evaluate potential commercial endeavors. Anyone who want to start a business is eligible to do so.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy