Lecture 1 Definition of Business Feasibility Study. Fanny Widadie, S.P, M.Agr. Education & Training . " A person who graduated, yesterday and stops studying today is uneducated tomorrow.". Fear & Wisdom. "To conquer fear is the beginning of wisdom." (Bertrand Russell).
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Fanny Widadie, S.P, M.Agr
Business concepts need to be tested in the market.
Once a concept is judged feasible, a business plan will help the entrepreneur develop a strategy for executing the concept.
Rule and studying discipline
Definition and activity process
Understanding “Business Feasibility Study”
The importance of investing
The reason studying Business Feasibility
Project’s activities include :
How do projects appear :
Is an activity or effort that had been done to get benefit based on a purpose and the target business that was done in order to achieve profit according to the goal and the target aimed in many aspects, whether it be quantity or time.
Profit is the main reason within a business, whether it be short term or long term.
Once you have a idea for a new business, define it by writing a clear and concise business concept.
business concepta clear and concise description of a business opportunity; it contains four elements: the product or service, the customer, the benefit, and the distribution
Section 5.1 Feasibility Analysis: Testing an Opportunity