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A feasibility study of market expansion for company Lenten, Xaver2012 Laura LeppvaaraLaurea University of Applied Sciences Laura LeppvaaraA feasibility study of market expansion for company Lenten
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01
Identify the purpose of the feasibility study.
02
Gather all necessary data and information related to the project.
03
Analyze the market and competition to assess the project's viability.
04
Evaluate the technical and operational aspects of the project.
05
Assess the financial feasibility by analyzing costs, revenues, and projections.
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Consider any potential risks or obstacles that may affect the project.
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Entrepreneurs and business owners who want to assess the feasibility of a new business idea.
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A feasibility study is an analysis conducted to determine the potential success or viability of a project or business venture.
Typically, business owners, project managers, or investors are required to file a feasibility study.
A feasibility study is filled out by gathering relevant data, conducting analysis, and documenting findings in a structured report.
The purpose of a feasibility study is to assess the potential risks and rewards of a project or business venture before making a decision to proceed.
A feasibility study must include information on market analysis, financial projections, risk assessment, and potential challenges.
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