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Entrepreneurship Journey — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipEntrepreneurship Journey4 Marks
Question
Give the outline of a feasibility study.
✓

Answer

Outline of a Feasibility Study:
A good outline of a feasibility study is given below:
  1. Introduction.
  2. Product or service.
  3. Technology.
  4. Market environment.
  5. Competition.
  6. Industry.
  7. Business model.
  8. Market and sales strategy.
  9. Production operations requirements.
  10. Management and personnel requirements.
  11. Regulations and environmental issues.
  12. Critical risk factors.
  13. Financial predictions including balance sheet, income statement, cash flow statement, break-even analysis and capital requirements.
  14. Conclusion.

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