Business Feasibility Questionnaire


Many entrepreneurs have difficulty implementing their ideas because it is easier to come up with a theory than actual ideas. A business feasibility questionnaire is important because it helps people think about whether their business ideas are feasible or not. A business feasibility questionnaire can be used as part of a guideline in a business plan guideline. It should help show questions that a person might overlook when coming up with a business concept. Below is an example of a business feasibility questionnaire that can be used as part of a business proposal, business plan or guideline.

Sample Business Feasibility Questionnaire

This questionnaire is to help you ensure that your business plan and idea is feasible

Have you come up with a structured timeline of events?

_____________________________________________________

Do you have a vision that is foreseeable?

_____________________________________________________

Do you have S.M.A.R.T (specific, measurable, attainable, realistic, time bound) objectives?

_____________________________________________________

Have you identified your competition?

_____________________________________________________

If you have a new concept, do you think that you can penetrate the market with it?

_____________________________________________________

Have you ensured that your idea or plan cannot be stolen?

_____________________________________________________

Have you exhausted the necessary research to ensure that your business is feasible?

_____________________________________________________

How confident are you that your business is feasible?

Extremely confident: _________

Confident enough: _________

Fairly confident: ___________

Not too sure: _______________

Not confident: _____________

How long do you think your business will take to be implemented?

A week: ___________

A month: _____________

6 months: _____________

A year: _______________

More than a year: _____________

Have you gone through your plan?

_____________________________________________________

Category: Business Questionnaire

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