223k views
5 votes
Why should an entrepreneur do a feasibility study for starting a new venture

1 Answer

4 votes

Answer:

Because a feasibility study assists entrepreneurs in understanding the market, the budget needed to launch a company, the liquidity factors of a business endeavor, and the return on investment in the initiative.

User Rebecca Meritz
by
8.8k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.