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Is It Feasible?

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The point of a feasibility study is to determine whether you have a viable business. Whether a formal report or back-of-the-envelope estimate, feasibility is fundamental to analyzing new business opportunities. While there is no standard feasibility framework, there are two basic stages to any feasibility study.

The first stage is to put together a quick-and-dirty plan that outlines important feasibility factors such as the business model, p...

From

Cover of The Agile Startup: Quick and Dirty Lessons Every Entrepreneur Should Know

Note

How can you determine if a proposed project or initiative is worth pursuing? A feasibility study can help you gauge an idea's business potential.