financial viability

Financial viability refers to the ability of an organization, project, or business to generate enough revenue to cover its costs and sustain operations over the long term. It involves assessing whether the entity can support itself financially through its activities and revenue streams. If an initiative is financially viable, it means that it can achieve its goals without running into economic difficulties. Evaluating financial viability often includes analyzing income, expenses, profits, and potential risks, ensuring that resources are effectively used and that there is a reasonable expectation of future financial health.