A feasibility study systematically gathers and analyzes data to determine the practicality and profitability of a proposed business undertaking. It examines the nature, benefits, aspects, processes, roles of practitioners, and limitations of a project feasibility study. Major aspects covered include management, marketing, technology, taxation, legal issues, the environment, financial projections, sources of financing, profitability, and social impacts. The financial study provides statements of assumptions, projected financials, outside financing details, and an analysis of financial projections.