This planning tool helps entrepreneurs test the possibilities of an initial idea to see if it is worth pursuing:

Question

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The feasibility study is a planning tool that helps entrepreneurs assess the viability of their initial business idea. It helps determine whether an idea is worth pursuing by analyzing various aspects such as market demand, competition, financial projections, and resource requirements. The feasibility study is an essential step in the planning process as it helps entrepreneurs make informed decisions about their business idea.

This Planning Tool Helps Entrepreneurs Test the Possibilities of an Initial