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MNE2601 Assessment 3 semester 1 2025 Once an entrepreneur comes up with an idea for a new product and service, she/hemust conduct a feasibility analysis to determine the likelihood that the perceived ideawill be a success. You are required to conduct a f

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MNE2601 Assessment 3 semester 1 2025 Once an entrepreneur comes up with an idea for a new product and service, she/hemust conduct a feasibility analysis to determine the likelihood that the perceived ideawill be a success. You are required to conduct a feasibility analysis of a business idea of your own. Please follow the guidelines below in conducting your analysis. You can also refer tochapter 3 of your prescribed textbook. Remember, this is not a theoretical question buta practical application of the feasibility analysis process. Your assessment should contain the following sections and

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Uploaded on
June 10, 2025
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Written in
2024/2025
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Grade
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THE BMZ ACADEMY




THE BMZ ACADEMY




@061 262 1185/068 053 8213



BMZ ACADEMY 061 262 1185/068 053 8213Page 1 of 12

, THE BMZ ACADEMY


Feasibility Analysis of the Integrated Subsistence Horticulture Initiative in
Limpopo Province


Table of Contents
Introduction ................................................................................................................ 4

Product and Service Feasibility .................................................................................. 4

Aim of the Initiative ..................................................................................................... 4

Implementation Steps................................................................................................. 4

Key Components ........................................................................................................ 5

Primary vs. Secondary Research ............................................................................... 5

Concept Statement..................................................................................................... 6

Prototype and Usability Testing .................................................................................. 6

Industry Analysis ........................................................................................................ 6

Description of the Industry.......................................................................................... 6

Competition and Market Dynamics............................................................................. 6

Profitability.................................................................................................................. 7

Factors Affecting Profitability ...................................................................................... 7

Technical and Legal Feasibility ................................................................................... 7

Financial Feasibility .................................................................................................... 8

Capital Investment...................................................................................................... 8

Revenue and Earnings Estimates .............................................................................. 8

BMZ ACADEMY 061 262 1185/068 053 8213Page 2 of 12

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