Question: The feasibility study must include at least one primary research finding. Primary research is research that you conduct yourself, such as a survey, observation, poll,
The feasibility study must include at least one primary research finding.
Primary research is research that you conduct yourself, such as a survey,
observation, poll, or interview.
Your feasibility study will be a maximum of pages in length plus any
additional appendices and will include and introduction, and the following topics
as major headings in the typed submission:
Location: Describe the location for your business and the rationale for
choosing it
The Target Market: Explain your ideal customer or client and the reason
for engaging this specific market.
Market Potential: Using primary research, describe the size of your
market space, and the opportunities your business will have to approach
the market space.
Competition: Identify major competitors to your business within your
market space.
Estimated Sales and Expense Forecast: Describe how you will price
your products or services. Also, explain how much you estimate will be
made in sales and expenses during the weeks of the course.
Potential Risks, Issues, and Challenges: Using research, identify any
risks, issues, or challenges that might impact your small business
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