Components of a Feasibility Study

There are several components of a feasibility study:

Description – a layout of the business, the products and/or services to be offered and how they will be delivered.
Market feasibility – describes the industry, the current and future market potential, competition, sales estimations and prospective buyers.
Technical feasibility – lays out details on how a good or service will be delivered, which includes transportation, business location, technology needed, materials and labor.
Financial feasibility – a projection of the amount of funding or start-up capital needed what sources of capital can and will be used, and what kind of return can be expected on the investment.
Organizational feasibility – a definition of the corporate and legal structure of the business; this may include information about the founders, their professional background and the skills they possess necessary to get the company off the ground and keep it operational.

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