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DEPARTMENT OF NATURAL RESOURCES Division of Parks and Outdoor Recreation PARTS AND OUTDOOR RECREATION 2 CCR 4051 Editors Notes follow the text of the rules at the end of this CCR Document. CHAPTER
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The feasibility of establishing a refers to an assessment that evaluates the practicality and potential success of starting a new project or business initiative.
Individuals or organizations planning to launch a new project, business, or initiative typically need to file a feasibility study.
Filling out a feasibility study involves gathering relevant data, analyzing market conditions, assessing financial viability, and documenting findings in a structured format.
The purpose of a feasibility study is to determine whether a proposed project is viable, sustainable, and worth pursuing based on various factors.
A feasibility study should report on market analysis, financial projections, operational considerations, potential risks, and overall project viability.
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