What is the difference between feasibility plan and a business plan?

Feasibility plan looks at the realistic nature of your plan, while a business plan addresses each and every step towards making your plan a reality.

Assume you were considering selling high end widgets in your city. A feasibility study would focus on the size of your market, market share you could expect to capture, revenue generated and an estimate of your margins. You might find that the amount of these widgets you have to sell to break even is just reasonable given the size of the market.

If you discovered that it was very "feasible" to sell the number of widgets you would need to make the type of money you desire, your next logical step would be to create a business plan. A business plan includes most of what was already assessed in a feasibility study . . . PLUS much more. Operations, Logistics, Financing, Projections, Market analysis, etc.