A feasibility study is a prelude to any business plan and investment. You would like to understand the market and/or profitability systematically before even committing to it. Though feasibility study can be done during a business plan development, sometimes based on the scalability of the business plan, it is better to do a feasibility study before even you start developing a business plan. The ultimate outcome of any feasibility report is usually a go / no go decision.
At RollingEdge, we can help you with different types feasibility studies. We research and analyze market factors such as demographics, demand, market capacity, competition, regulation, cultural issues, etc. Here are some examples of the types of feasibility studies we do:
new products and services
new business methods or approaches
diversify into new markets