ABSTRACT:- The study focuses on the impact of feasibility analysis on business growth. It specifically evaluated the relationship between years of business experience, marital status, gender and their impact on feasibility analysis. Most newly created business ventures in Nigeria do not perform up to expectations despite initial enthusiasm. Some hardly survive first year of operation why others could not grow above break-even level. One will wonder if such entrepreneurs actually conducted feasibility analysis before emergence of such business. This created the problem of external funding as venture capitalists are uninterested in business with low potentials for growth. The study adopted a survey approach which employed both descriptive and exploratory methods of data analysis. Questionnaires were designed, distributed and collected at the computer village business area Ikeja Lagos. 350 entrepreneurs were purposefully chosen for the administration of the questionnaire and 300 completed responses were completed and returned for the study. Data were analyzed using frequency distribution table, percentage and regression technique with the aid of Statistical Package for Social Science. Using business years of experience as a predictor, the study found out that feasibility analysis conducted by entrepreneurs with longer business years of experience have a beta value of 0.161 and alpha value of .005 which is lesser than 0.50 level of significant. This indicates that there is a significant relationship between business years of experience and business growth. The reason for this could be that the higher the years of experience the better business feasibility analysis conducted at every stage of the business. New business ventures indeed require extensive feasibility analysis to reveal the business strengths, weaknesses, opportunities and possible threats. The study recommends that intending entrepreneurs and prospective business managers who intends to run a going-concern need to conduct extensive feasibility analysis at every stage of the business to avoid obstacles that could hinder operation due to the complex and dynamic business environment.

Keywords: Business, Entrepreneur, Feasibility analysis, and Growth.