Feasibility Studies describe the process of analysing both the internal and external environment in which the business operates.
In the study, a multitude of factors are taken into account, the main ones being the development of the industry (market analysis), the local market (local market analysis), the medium and long-term prospects of the national economy and, finally, the competition.
Feasibility studies are of major importance both for the success of a business plan and for the development and growth of a company, since they limit the investor’s risk and largely determine to a large extent the course of development and evolution of the business.
Key indicators of Feasibility Studies:
Market analysis
Local market analysis
W.O.T. analysis (strengths and weaknesses, opportunities and threats)
Future financial flow plans, cash flow plans
Future profit and loss projections
Analysis of capital requirements and proposed capital