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Usually, the amount is immediately reduced.

During the feasibility step, you may look into a variety of


options for structuring your company and putting your product in the market. It's similar like going on an
adventurous excursion, and you may end up taking multiple different routes before reaching your
target. It does not follow that a proposal lacks merit just because a first analysis indicates that it does
not have worth. Sometimes it is possible to make improvements to a proposal after it has been
submitted. In general, a feasibility study is an evaluation of the practicality of a proposed project from an
economic standpoint.

A well-designed feasibility study should include information on the company's or project's historical
background, a description of the product or service, accounting statements, details of the operations
and management, marketing research and policies, financial data, legal requirements, and tax
obligations, among other things.

In most cases, feasibility assessments are conducted before technical development and project
implementation may begin. It assesses the likelihood of the project's success, and as a result

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