Components of a Feasibility Study

Description of the Business

the product or services to be offered and how they will be delivered.

Market Feasibility

includes a description of the industry, current market, anticipated future market potential, competition, sales projections, potential buyers.

Technical Feasibility

details how you will deliver a product or service.

Financial Feasibility

projects how much start-up capital is needed.

Organizational Feasibility

defines the legal and corporate structure of the business.

Conclusions

discusses how the business can succeed.

Pre-Feasibility Study

may be conducted first to help sort out relevant scenarios.