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How do you make a Feasibility Study?

Updated: 9/13/2023
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14y ago

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A Feasibility Study is part of a business plan and is used in business to basically show how feasible it will be to create the product which is being outlined - it is also used as a marketing tool to show investers how likely the product will withstand itself in the market space and what market share it can command. The study in and of itself is used mainly to analyze market share, market space, and mitigate risk when creating a product or service in business. To create one you need to research in detail the product and how it relates to those areas with risk mitigation as the main focus.

A basic outline: what is being offered and why, who will use it and why, who else offers the same or similar, how will it be marketed and where, what is the cost involved.

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14y ago
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Q: How do you make a Feasibility Study?
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