Sunday, December 21, 2014

Business Ideas - Feasibility Analysis

Every manager must come out with business ideas every year. He has to assure himself and his department colleagues that there is sufficient business for them in the coming year. It means business and management students have to learn how to identify business opportunities and do feasibility analysis.

A business is to be assessed from many angles for its feasibility.


Production or Complete product outsourcing

Component and raw material supplies

Social acceptance

Government or regulatory acceptance

Economic feasibility

   Business model - Adequate revenue and profit
   Financial feasibility - Bank and Equity Finance

Management Viability - Can the existing management manage the business?

No comments:

Post a Comment