Feasibility Plan
A superior feasibility plan is on that is
clear and concise. Length is determined by the plan’s expected use. Lengthy
plans only confuse, overwhelm and discourage the reader. There is no gain from
a lengthy well-prepared plan if the readers won’t read it. The authors
recommend that a feasibility plan not exceed 15 pages (not including
appendices), except for unusual circumstances. The feasibility plan is the
framework that the entrepreneur uses to decide whether to pursue the concept
and to develop a business plan.
When formatting your feasibility plan, using
subtitles for each major section of the plan is highly recommended. Subtitles
clearly divide the information in each section into similar categories, which
makes reading the plan easier and more eyes appealing.
