A business is like a building. It requires a quantitative survey, architectural design, a strong foundation, and solid structure with aesthetic value to stand out among others and stand the test of time. Every business requires a process that sets it apart from others. Before you start any business, there are certain processes to be carried out to its stable growth and profitability. One of them is the conduct of a feasibility study. Such a study will help you identify your demography, competitors, and target market. It will also help you determine your pricing and marketing strategy. Like in putting up a building, feasibility studies are usually handled by professionals. Any business that takes this process usually succeeds exceedingly. It also breaks barriers within a short time and stands out among others.
The Centre for Research in Enterprise and Action in Management (CREM) has demonstrated expertise in conducting feasibility studies for startups both for corporate organizations and SMEs. The Centre has experienced personnel in all areas of research and business planning. Her records are second to none. CREM, an expert in business research will help you build a strong foundation for growth and development. Contact us through info@cremnigeria.org.
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i) Drucker, P. F. (1999). Management challenges for the 21st century. Harper Business. ii) Kolb,…