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A FEASIBILITY STUDY FOR THE FORMATION OF AN INDEPENDENT MUNICIPAL SCHOOL SYSTEM Prepared for the City of Moody, Alabama January 22, 2024CITY OF MOODY ALABAMA CITY OFFICIALS NamePositionJoe LeeMayorCity
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Identify the purpose of the feasibility study
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A feasibility study is conducted to assess the viability, potential success, and practicality of a proposed project or investment.
Typically, project developers, businesses seeking funding, or organizations looking to launch new initiatives are required to file a feasibility study.
To fill out a feasibility study, one should gather data about the project's objectives, conduct market research, assess technical requirements, evaluate financial implications, and document potential risks.
The purpose of a feasibility study is to determine whether a project is worthwhile and to identify any potential challenges before substantial resources are committed.
A feasibility study should report on project scope, market analysis, legal considerations, technical requirements, financial projections, and risk assessments.
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