If you are looking to start a new business, or indeed looking to purchase a business, then you need to know if the business Is feasible. There is nothing worse than entering into a deal only to find out through “due diligence” the business is not what it’s portrayed to be.
The feasibility study covers a number of basic matters which include :
A basic business plan
What the business has done in the past.
What it can do in the future
Any specific or immediate issues