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What is Feasibility Study for Business Viability about?
A feasibility study is an analysis that assesses the viability of a business idea, determining whether it is a good venture to pursue. It involves several steps including pre-feasibility, marketing, technical, financial, and organizational studies to evaluate various aspects of the proposed project. The study helps in decision-making by identifying potential risks and opportunities before proceeding with a business plan.
- Author
- Yasmine Youssef
- Language
- EN