ENTREPRENEURIAL OPPORTUNITIES
FEASIBILITY ANALYSIS
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Question
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When you have a feasible business concept, the next step is to develop a/an ____
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business plan
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financial analysis
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feasibility analysis
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industry
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Explanation:
Detailed explanation-1: -A feasibility analysis helps you consider the costs and activities required to set up and run a business, and how to make an informed decision about whether to start a business and how to do it.
Detailed explanation-2: -Conduct market and competitor research analysis. The first step in preparing a business plan is to conduct market research and your business competitors. Create a business description. Know your business SWOT. Create timelines. Make budgets. 30-Jan-2023
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