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What is a feasibility study?
A feasibility study is an assessment that evaluates the practicality and viability of a proposed project or business venture, determining if it is achievable and worth pursuing.
Who is required to file a feasibility study?
Typically, individuals or organizations proposing a new project or venture, especially in regulated industries such as construction, real estate, and finance, are required to file a feasibility study.
How to fill out a feasibility study?
To fill out a feasibility study, you should gather relevant data, define the project, assess market and economic conditions, evaluate potential risks, and outline a financial plan, ensuring all sections meet reporting requirements.
What is the purpose of a feasibility study?
The purpose of a feasibility study is to provide an informed analysis regarding the likelihood of a project's success or failure, allowing stakeholders to make informed decisions.
What information must be reported on a feasibility study?
A feasibility study must report project description, market analysis, financial projections, technical requirements, risks assessment, and a summary of findings and recommendations.
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