Why should an entrepreneur do a feasibility study for starting a new venture

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asked May 11, 2023 223k views

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Rebecca Meritz · Answer 1 · 2023-05-15T01:34:34+0000

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.

Why should an entrepreneur do a feasibility study for starting a new venture

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