Strategic Thinking and Feasibility Studies for Business Planning
A Strategic thinking and feasibility study is an effective way to safeguard against wastage of investment or scarce resources. Organisations can reduce the risk of developing unpopular and impractical projects by conducting a feasibility study. Business plan can start only after a proposed business idea has been proved feasible. If feasible, we can proceed with a high level of confidence that the business plan will result in profitable opportunity. It will provide a “roadmap” that shows how a business may be created and developed.
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