FEASIBILITY STUDIES & BUSINESS PLAN

A feasibility study is a detailed analysis that considers all the critical aspects of a proposed project to determine the likelihood of it succeeding.

Success in business may be defined primarily by return on investment, meaning that the project will generate enough profit to justify the investment. Many other important factors may be identified on the plus or minus side, such as community reaction and environmental impact.

A feasibility study is a preliminary exploration of a proposed project or undertaking to determine its merits and viability. A feasibility study aims to provide an independent assessment that examines all aspects of a proposed project, including technical, economic, financial, legal, and environmental considerations.