A business feasibility study is a controlled process for identifying problems and opportunities, determing objectives, describing situations, defining successful out-comes and assessing the range of costs and benefits associated with distinquishing solut-ions to a problem. A feasibility study is used to support the decision-making process and should be utilized prior to the development of a full business plan.
Each business feasibility study will convey to potential investors and stake-holders regarding the credibility and viability of the venture. Our feasibility studies will include the following areas.
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Marketing Viability
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Technical Viability
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Business Model Viability
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Management Model Viability
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Economic Model Viability
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Financial Model Viability
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Exit Strategy Viability
The results of a feasibility study can be included in a business plan or as a separate document. Typically, a feasibility study can be between four and eight pages.
