The Business Problem

Prepare a 1,700 word paper discussing what is needed to complete a feasibility study for a new start up or a new product line within an existing firm.

Complete a feasibility study for the new product or service based on the template in Figure 3.1.

Include the following in your paper:

The Business Problem and Opportunity Statement

The Feasibility Study Requirements

Assumptions

Alternative ranking (as needed)

Conclusion/decision

Appendix (feasibility study) and references

Format your presentation consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

Resource: Figure 3.1 in Ch. 3 of Entrepreneurship

……………………….Answer preview…………………..

A feasibility analysis is a study of strengths and weaknesses of a proposed business idea how and successfully a project can be completed addressing factors affecting it such as economic, legal and technological. The study can give reasons why not to pursue the idea, tell if the notion is going to work on a long-term basis or endure a potential financial crisis in future. It can also be helpful in acknowledging a potential cash flow………………..

APA

1640 words