Feasibility

It starts with an inkling in the back of your head that you can’t shake. The more you think about it, the more you realize that you want to start a business in Saskatchewan — the thing is, you have so many great ideas that you’re not sure which product or service to offer. At this point, you aren’t generating revenue — you’re simply analyzing the feasibility of your idea.

The feasibility phase in the business cycle involves the evaluation of an idea. You’re considering your start-up, deciding if it justifies the cost, evaluating the current market, assessing risk, and considering whether or not it is financially viable. The good news is, as exciting and overwhelming this process may be, you don’t have to do it alone.

WESK offers a plethora of resources for Saskatchewan entrepreneurs. When you become a member, we can connect you with a business advisor who can help with business planning. We can also point you in the direction of which webinars would best suit you in this phase, and provide networking and training opportunities to move you into the start up phase. We’ll hype you up as we help you understand our business plan template, obtain a business license, and register your business in Saskatchewan when the time comes.

Ready when you are.