Growthink Blog

13 Costly Feasibility Study Mistakes ...And How To Avoid Them


To make your new venture succeed -- whether you are creating a new product, constructing a hotel, or developing a community center -- you must convince investors and/or management to fund your initiatives.

Feasibility studies play a critical role in this early planning and fundraising process.

A feasibility study is a detailed investigation and research analysis of a proposed venture or development project. The purpose of a feasibility study is to determine whether it is technically and financially feasible to move forward with a new project.

An effective feasibility study demonstrates the following:

  • That your ideas are sound

  • That there is a need for your venture

  • That your execution plan is practical

To help you navigate through the feasibility study development process, we have just released a special report titled:

13 Costly Feasibility Study Mistakes – And How To Avoid Them

In this free report, you will learn:

  • The key mistakes to avoid when conducting a feasibility study

  • The important difference between “data” and “intelligence”

  • How entrepreneurial over-confidence can doom a feasibility study

Click here to download the report.

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