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A business venture is considered feasible when it has a clear market demand, a viable business model, and the necessary resources to succeed. This includes an understanding of the target audience, effective financial planning, and the ability to navigate potential challenges. Additionally, a strong value proposition and competitive advantage can enhance the venture's likelihood of success. Overall, feasibility assessments help ensure that the business can operate profitably and sustainably in the long term.

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2mo ago

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How can I use Monopoly money to start a successful business venture?

Using Monopoly money to start a successful business venture is not feasible in the real world. Monopoly money is a fictional currency used in the board game and does not hold any value outside of the game. To start a real business venture, you will need to use real money or seek funding through investors or loans. It is important to have a solid business plan, market research, and financial resources to launch a successful business.


Is restaurant business is feasible?

As there are many thousands of restaurants in business today it is safe to assume it is a feasible and viable business.


What is the difference between profitable and feasible?

Profitable means a venture or activity which turns in a profit. Feasible means a course of action which can work or deliver the desired result.


Why do people venture into a business?

for me...most people venture into business to have profit and to have xtra work.


When a business plan is not feasible?

When Your Questioning it...


When does a business idea become feasible?

I + p = P


Can I apply for a loan to help finance my new business venture?

Yes, you can apply for a loan to help finance your new business venture.


Can you use a dissolved company name for a new business venture?

No, you cannot use the name of a dissolved company for a new business venture.


Example of feasibility study for a new business venture?

yesfeasibility study for bakerybusiness venture?


Why do businesses have trial runs?

To see if the business concept is feasible


What is a risk of entrepreneurship?

failing at the business venture


What is promotion of venture?

promoting a new business