Business feasibility study

THE IMPORTANCE OF A BUSINESS FEASIBILITY STUDY - INVESTIGATION AND PREPARING THE BUSINESS PLAN.

It is estimated that only one in fifty business ideas are actually commercially viable. Therefore a Business Feasibility Study is an effective way to safeguard against wastage of further investment or resources and money.

  1. EXISTING BUSINESS 
  2. NEW BUSINESS 
  1. If a project is seen to be feasible from the results of the study, the next logical step is to proceed with the full business plan. 
  2. COMPETITORS - Research and information uncovered in the feasibility study will support the business planning stage.
  3. Finally, a feasibility study should contain clear supporting evidence for its recommendations. 
  4. Because putting together a business plan is a significant investment of time and money, the entrepreneur should make sure that there are no major roadblocks on their road to business success. The Business Feasibility Study will assist in identifying such obstacles and determine the true viability of the Business Concept.

TABLE OF CONTENT 

Introduction

Products or Services

Technology

Market Environment

Competition

Industry

Business Model

Marketing and Sales Strategy Production/Operating Requirements, Management and Personnel Requirements, Intellectual Property Regulations/Environmental Issues

Critical Risk Factors

Financial Projections

Balance Sheet Projections, Income Statement Projections, Cash Flow Projections and Break-even Analysis