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Question posted by Ampaa (2 points) 2 years ago.
Feasibility is the study that you perform before thinking in putting your ideas in a Business Plan, it can be that the feasibility study give you a "no" for preparing a Business Plan due that the idea it isn't valid in the practical sense.
For example you have an idea on a new food supplement, first you realize a Feasibility Study to see if it is possible to arrive at a product that really will be possible to be manufactured, that can pass the regulations to be approved by the sanitary authorities and can be profitable is you manufactured at a scale possible to be done.
Hope this help you,
Answer posted by JHAOSB (15 points) 2 years ago
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