Feasibility Analysis Introduction ‘A feasibility analysis is a chance to open your eyes, ask yourself some very toug
Week 6 Assignment – Feasibility Analysis
Introduction
"A feasibility analysis is a chance to open your eyes, ask yourself some very tough questions, then check to see whether your idea, as originally conceived, needs to be modified, refocused, or changed dramatically. (Or perhaps even scrapped altogether.)" (1).
Overview
With this assignment, you will be addressing the fundamental question: Does this business have profit potential?
Instructions
Refer to the same business you described in the first assignment, Creating a Small Business, and write a 3 page paper in which you:
1. Conduct a feasibility analysis by researching and analyzing each of the following topics and indicate how your business occupies that specific space:
§ Industry and market feasibility.
§ Product or service feasibility.
§ Financial feasibility.
§ Entrepreneurial readiness.
2. Explain whether the business idea needs to be modified, changed significantly, or abandoned based on your feasibility analysis. (Note: If you abandon the business idea, then you will need to select and analyze a new business that has profit potential.)
3. Include at least two references outside the textbook. For help with research, writing, and citation, access the Strayer Library or review the Bachelor of Business Administration Library Guide.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
o Conduct a feasibility analysis to determine whether a business plan is plausible.
Sources
5. Norman M. Scarborough. 2015. Entrepreneurship and Effective Small Business Management. p. 237.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.