Depending upon the nature of the project a promoter may undertake the following feasibility studies:
(a) Technical Feasibility : Is related to assess the technical viability execution of idea on the basis of availability of raw material, technology, etc.
(b) Financial Feasibility : This aspect is related to the possibility of availability of estimated funds for identified business opportunity.
(c) Economic Feasibility : This aspect is related to
know the chances of profitability of the proposed bussiness project.