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Test your idea for feasibility

A feasibility study is a good idea for new co-op projects. These studies test your business idea for feasibility prior to launching a new co-op. While often a co-op can start simply by attracting enough interest from like-minded people, some ideas need to be researched, tested and thought out a bit more. Ideas like these should get a feasibility study.

These types of studies will generally look at all the environmental factors related to the business idea. These factors include things like market access, demographics, logistics, available suppliers, competitors and the like. Understanding the nuance of how your idea might play out in the marketplace helps decision makers decide if the investment is worth it.

What you get

  • A comprehensive feasibility study done by a professional
  • Guidance and support from our team
  • Access to free tools and resources

Who should take advantage of this product

Leaders looking to better understand if their business idea is viable and need insight into decision making about whether the investment is worth it or not.

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Co-operatives First

Funded by the Co-operative Retailing System and Federated Co-operatives Limited, Co-operatives First promotes and supports business development based on the co-operative model in rural and Indigenous communities across Western Canada.

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