A feasibility study should tell you whether your business
idea is a sound one. It should be carried out before serious resources
are allocated to a project. Generally, the feasibility study will seek
to find out whether there are sufficient motivated people to take the business
forward and if they possess or have access to appropriate skills such as
finance, marketing and management. It will assess the resources available
or accessible to the
business to get off the ground. It will also need to establish whether there
is a ready market for the product or service and to confirm that it will be
profitable.
Co-operative Futures can help you plan your feasibility
study and analyse the results, helping to ensure that your future business
planning is comprehensive, based on real evidence and a realistic evaluation
of resources.
Read
our case study on Aardvark Gardeners Co-operative (pdf link)
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