The purpose of the Feasibility Analysis is to gain insights into the viability of a business idea and to make sure that you are on the right track. Two basic questions need to be answered with the analysis: 1) Is there sufficient demand for the product or service? 2) Can the product or service be provided on a profitable basis; or if the product or service is aimed at creating social good, can it be offered on a sustainable basis? .

1. The purpose of the Feasibility Analysis is to gain insights into
the viability of a business idea and to make sure that you are on
the right track. Two basic questions need to be answered with
the analysis: 1) Is there sufficient demand for the product or
service? 2) Can the product or service be provided on a
profitable basis; or if the product or service is aimed at creating
social good, can it be offered on a sustainable basis?