What are feasibility studies?
Feasibility studies examine the economic, marketing, technical, managerial, and financial aspects of your proposed business idea. While independent, the study is based on information provided by you. Whether you are applying for a government-backed business loan, seeking funds for expansion or plant modernization, or deciding what steps come next in growing your business, a detailed feasibility study will give you the ammunition you need to make your case, or help you adjust your proposal to meet the requirements of lenders and other funding sources.