A feasibility study is the structured and systematic analysis of different aspects of proposed entrepreneurial venture designed to find out its feasibility. Study should should basic market, operational and economic viability of proposed concept also the support needed for venture. Note you are not developing the full business plan but only conducting a feasibility study. Original business ideas may be selected from one of the following:
Come up with the original concept for your own entrepreneurial, growth-oriented venture
Recognize the opportunity for entrepreneurship in your own organization
Invent something which can be sold or licensed to an existing company