In a typical business school fashion we can define a feasibility study as an evaluation or analysis of the potential impact of a proposed project or program. A feasibility study is conducted to assist decision-makers in determining whether or not to implement a particular project or program.
The feasibility study is based on extensive research on both the current practices and the proposed project/program and its impact on the particular business, school, restaurant, etc.
The feasibility study will contain extensive data related to financial and operational impact and will include advantages and disadvantages of both the current situation and the proposed plan of action. Mossien Associates has vast experience in writing or assisting with these studies.