What to Look for in a Feasibility Study

over 5 years agoMarch 13, 2017

Richard MB
over 5 years agoApril 13, 2017
Understanding what "Feasibility" is translated (Possibility) in common language.  

Now In a feasibility study an individual with a business idea has to look for/ determine the possibilities of their business idea to be achievable in other words "feasible", the individual has to be able to answer the following questions 

Do you want to do what the idea suggests?
Is there a market for the idea?
Can you meet the needs of the customers? Through your idea
Can you advertise the idea to your Customers?

See:JUTA Entrepreneurship Textbook
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