Resource Sufficiency
Resource sufficiency is the second area of organizational feasibility analysis is to determine whether the proposed venture has or is capable of obtaining sufficient resources to move forward. The objective is to identify the most important nonfinancial resources and assess whether they are available. An example is a start-up that will require employees with specialized skills. Another key resource sufficiency issue is the ability to obtain intellectual property protection on key aspects of the business.
Category: Entrepreneurship & Small Business
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