Sources of information for conducting research & feasibility

What is a secondary source?

• A piece of research

• Talking to someone who is already in the business

• Creating your own market research

• is taken from someone else existing work.

A primary source is

• involves using your own sources and carrying out your own research

• Using brochures and online information

• Books and leaflets to start up a business

• Cost of equipment

What is a feasibility study?

• Cost of materials

• Cost of marketing

• a research to find out whether a business project will work

• Government costs

The following are reasons to do a feasibility study except.

• To identify the possible costs

• To identify possible sources of finance

• To ascertain the viability

• To ascertain the reliability

All the following are examples of secondary sources are except:

• Books

• Brochures

• Government publications

• Interviews