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ABSTRACT
This study aimed at examining feasibility Study as a tool for Entrepreneurial Success in Nigeria. The design adopted for this study is the survey research design. The sample consisted of 125 respondents which are small and medium scale business owners in Ovia North East local Government area of Edo state, Nigeria were randomly selected. The research instrument was validated by the researcher’s supervisor. The data obtained were analyzed using the sample percentage table. Findings revealed that feasibility study have contributed to business opportunity development of small and medium scale enterprises, it was also revealed that feasibility analysis influences the growth of small and medium scale enterprises. Based on the findings, it was recommended that Infrastructural development should be enhanced by Government, especially power as most businesses affirm that a huge chunk of their budget is eaten up through sourcing energy to run their businesses. There are no easy ways in their feasibility study plan to cut down the soaring cost of energy.