Feasibility Studies
We conduct feasibility studies for your organization to help you ascertain the viability of your organization or business venture. Our feasibility studies are comprehensive and give you accurate and elaborate information, which will help you make informed decisions as to whether to proceed with the project/business or not. The results of our feasibility assessments can also help you to develop an applicable project plan and a realistic budget. Without a well prepared feasibility study, it will be hard for you to know whether or not that project idea you have been contemplating is worth pursuing.
Comprehensive Assessments
Our feasibility studies will provide you with independent assessments that will extensively examine all aspects of your proposed project, including the technical, economic, financial, legal, and environmental considerations. We comprehensively cover technological considerations, the prevailing market place, the most appropriate marketing strategy, the staff requirement, set timelines and schedules as well as develop project financials.
Best practices
We understand that every project has its own goals and needs, so we emphasize the following as our best practices:
- We do preliminary analysis which includes collecting feedback from all stakeholders on the proposed project, and also look at other business scenarios.
- In order to ensure that our data is reliable, we design questions about the proposed project and ask them to all stakeholder groups in the initial phase.
- We take a market survey to identify market demand and opportunities for the proposed new project concept or venture.
- We help you create an organizational, operational, or business plan, which includes identifying how much labor you will require, what it will cost you, and for how long.
- We also help you develop a projected income statement that involves revenue, operating expenses, and profit, as well as an opening day balance sheet.
- We also help you to identify and address any vulnerabilities or obstacles.