If someone were to ask you today, what is the value of your business, then what would your answer be? And how would you come up with your valuation? The reasons why you may need to know the value of your business include to develop an exit strategy or sell your business or perhaps to … Continue reading What is the true value of your business?
A feasibility study is used to analyse a project or idea in order to assess what the likely outcomes will be, or to test alternative options. Within a business context it usually weighs up the cost of the project against the expected benefits (i.e. cost / benefit analysis) and is undertaken as the first step in the development process.