Feasibility Analysis for the New Venture Nonprofit Enterprise

Abstract

This article explores the value of feasibility analysis for the pre-launch nonprofit enterprise. Similarities and differences between for-profit entrepreneurial ventures and nonprofit entrepreneurial ventures are outlined, and then the traditional format of feasibility analysis used by the entrepreneurial for-profit start-up is reviewed and analyzed. This four-stage analysis is then adapted to the needs of the nonprofit new venture enterprise. The benefits of doing a feasibility analysis for the nonprofit enterprise start-up are identified, and guidelines are suggested. An underpopulated research stream is identified and explained in this article for the start-up and early developmental phases of the nonprofit enterprise.

Citation

Berry, G.R. (2017), "Feasibility Analysis for the New Venture Nonprofit Enterprise", New England Journal of Entrepreneurship, Vol. 20 No. 2, pp. 52-70. https://doi.org/10.1108/NEJE-20-02-2017-B004