If you’re still in the very early stages of thinking through your business concept, it may be premature to start developing a business plan. You may want to do a Feasibility Study first.
A Feasibility Study provides a somewhat high-level analysis of your business concept to determine if it’s viable and worthwhile further pursuing. The outcome of the Feasibility Study will tell you whether you can move forward with planning your business venture or if you need to rethink the business idea or even abandon it.
This feasibility analysis can save you a lot of time, money, effort and aggravation if the business concept has a poor chance of being successful.
To learn more about doing a Feasibility Study, please contact us. We’ll be glad to answer your questions.