- Profit to be earned in order to cover all operational expenses
- Technology to be used in producing the product
- Availability of market/demand which should be adequate
- Government policy/legal requirement which should be favorable.
- Channel of distribution to ensure the product is available in the market.
- Competition which should be fair
- Capital which should be adequate to start.
- Input/supplies which should be minimal
- Payback period which should be reasonable in relation to amounts invested.
gideon1 answered the question on September 30, 2017 at 11:22
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