Feasibility Analysis
Introduction:
After coming up with some ideas for a new business, entrepreneurs then screen those ideas to find the best idea.Perform a feasibility analysis to determine the viability of their business idea before they begin a business plan. You practiced feasibility analysis concepts in the learning activity.
Develop and describe your own startup business idea and then conduct a brief feasibility analysis by considering all of the following:
(1) market potential, (2) industry attractiveness, and (3) new venture leadership
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