What exactly is the product or service you hope to provide?
Who do you expect to buy this service or product?
How will you find them?
How will you approach them?
Are you sure that there are sufficient customers inside the area where you can work profitably?
What is your competition and what can they “do” to you?
Who do you expect to buy this service or product?
How will you find them?
How will you approach them?
Are you sure that there are sufficient customers inside the area where you can work profitably?
What is your competition and what can they “do” to you?
although it might not be accurate, but at least it was a rough figure, with these information, we able to decide whether the project is viable or not before we start the project .
Beside asking those question on the above, SWOT analysis or PESTLE analysis are been advised to be use to for in this assessment, by using either one of the analysis will help us easily found out is the project is viable or not to be start.
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