At QBConsulting we prepare feasibility studies for the business start-ups, as well as, established companies seeking to introduce a new product or service.
Feasibility studies contain standard components. The exact appearance of each study varies. This depends on the industry study, the critical factors for that project, the methods chosen to conduct the study – primary and secondary research, and the budget. Most studies have multiple potential uses, e.g. validate your assumptions, reassure investors and lenders that the proposed venture is economically viable, etc. so they must be designed to serve everyone’s needs.
There are usually three components to the feasibility study, however, depending on your business; the technical analysis may not be required.
- Market Analysis
- Technical Analysis
- Financial Analysis