Because putting together a Business Plan is a significant investment of money and time , the entrepreneur should make sure that there are no major roadblocks on their road to business success . The Business Feasibility Study will assist in identifying such obstacles and determine the true viability of the Business Concept.  

To Do a Feasibility Study, you should follow the Executive Summary below. The following represents a structural outline for a Business Feasibility Study. 

The steps to follow are: 

• Product or service
• Technology
• Market Environment
• Competition
• Industry 
• Business Model
• Marketing and Sales Strategy
• Production/ Operating Requirements
• Management and Personnel Requirements
• Intellectual Property
• Regulations / Environmental issues
• Critical Risk Factors
• Financial Projections

To Know more details about these steps, you have to follow our blog and 

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