Components of a Feasibility Study

A feasibility study is comprised of several components to determine if a business or project is viable

1. COMPONENTS OF A FEASIBILITY STUDY

A feasibility study is comprised of several components to determine if a business or project is viable

The description outlines the products or services
the business will offer, how it will operate, and
how those products will get to market

Financial feasibility outlines
the capital required and
projects sales and profitability

Technical feasibility explores
the ‘how’ of getting a product
to market

Organisational feasibility analyses
the structure of the business, its
founders and management

Market feasibility describes the relevant
industry, explores potential buyers, estimates
sales and looks at the competition

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