Feasibility Study - 2369 Words

What to Include in your Feasibility Study March 30, 2010, 3:32 am In starting a new business venture, it is important to conduct a feasibility study to ensure that your business will be successful. Some things to be included are plan, cost, and sources of funding, manpower and personnel requirements, market and profitability. In the plan section of your feasibility study, State clearly the objectives and description of the project. Duration to complete the project is also included. It is usually answers the questions what, why and how about the project. Indicate the cost of equipment and facilities needed for the project. The proponents should undertake reliable canvassing using at least two or three supplier and be particulars to†¦show more content†¦Ã¢â‚¬ ¢ Overlook indirect competitors. Make sure to investigate all products and services that deal to customers’ need. †¢ Surveys dependence. Don’t over rely to survey because people tend to answer â€Å"yes† for new product but when it comes to purchasing, they say â€Å"no†. †¢ Without expert Assistance. It is important to get expert views regarding the product, idea or services. What to include in your Technical Feasibility Product †¢ Description of product †¢ Economic uses of the product Manufacturing Process †¢ Detailed Flow Chart of the Manufacturing Process including the material and energy requirement at each step and normal duration of the process †¢ Other processes and factors considered to determine the process to be adopted †¢ Processes used in existing plants and in similar projects Plant Size and Production Schedule †¢ Daily and annual production capacity of the plant †¢ Days per year the project operate †¢ Factors used in determining plant size †¢ Expected attainable annual production volume for the next five years considering start-up and technical factors. Machinery †¢ Machinery layout such as the number of specifications, rated capacities of major machineries, prices of equipment, and balancing of capacities of each major and auxiliary equipment and standby units †¢ Spare parts and repair service available †¢ Quotations from suppliers, machinery guarantees, delivery, terms of payments and other arrangements Plant Location and Layout †¢ LocationShow MoreRelatedFeasibility Study778 Words   |  4 Pagesproperty development. We start out by arming ourselves with all the information needed to determine which locations have the potential to make money or not. In this phase we evaluate potential suburbs, neighbourhoods and sites, do a preliminary market study, put together a preliminary budget, carry out a preliminary financial analysis, prepare a timing analysis and review the political climate and the council approval process. Here are the steps we will evaluate in detail during the course: a) BecomeRead MoreFeasibility Study5785 Words   |  24 PagesFeasibility Study In T.L.E Submitted by: Christel Ann P. Gabarda IV-Dignity Submitted to: Mrs.Dalisay Buenconsejo 2013 Logo Table of Contents Introduction Background of the Study†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦1 Objectives†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦.....2 Methodology†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦.3 Definition of Terms†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 Market Sudy Market Study Market Environment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....8 Survey†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.9 Survey Analysis.............................................Read MoreFeasibility Study4402 Words   |  18 Pagessupporting recycling of waste materials. Feasibility Criteria The proposed business is considered feasible due to the growing number of motor vehicle in the locality. The rising prices for motor accessories especially tires and tubes, will lead to the profitability of the proposed business because motor vehicle owners will hesitate to buy new replacements for their tires and tables, instead they will have it repaired to a more affordable price. Highlights of the Study Nature of Industry The proposed businessRead MoreA Feasibility Study Example732 Words   |  3 Pagesbut this is sometimes easier said than done. To help determine how achievable a better service would be for a business a feasibility study is often preformed. The Farmers Cooperative Association of Snyder, OK is interested in purchasing an automatic truck probe as well as building an additional receiving pit and leg to attach to the existing wheat tanks. So, a feasibility study was preformed to determine if either option would be a practical investment. The first step for this process was to getRead MoreBusiness Feasibility Study1054 Words   |  5 Pagesï » ¿Finance Aspect in Business Feasibility Studies Financial feasibility can be judged by the total estimated cost of the project, financing of the project in terms of its capital structure, debt equity ratio and promoter’s share of total cost, existing investment by the promoter in any other business and projected cash flow and profitability. Financial feasibility study determines how much start-up capital is needed as well as sources of capital and returns on investment. It is an analysis of theRead MoreFeasibility Study Essay692 Words   |  3 PagesFeasibility Study: A feasibility study looks at the viability of an idea with an emphasis on identifying potential problems and attempts to answer one main question: Will the idea work and should you proceed with it? Feasibility studies provide in-depth details about the clinic to determine if and how it can succeed, and serve as a valuable tool for developing a winning plan. By utilizing the information collected in your community analysis, you will be able to ascertain if your clinic wouldRead MoreManagement and Feasibility Study7141 Words   |  29 Pageshttp://www.lccm.edu.ph La Consolacion College Manila FEASIBILITY STUDY AND BUSINESS PLANFEASIBILITY STUDY AND BUSINESS PLAN 2 Introduction This manual outlines the policies and procedures to ensure uniformity in the physical format of a business plan or feasibility study. Submission of this document is a step in a program leading to the awarding of a Bachelor of Science in Business Administration degree. Feasibility studies and business plans are scholarly publications that are theRead MoreEvaluating A Feasibility Study?943 Words   |  4 Pagesconducting a feasibility study. In this guide, we will examine what a feasibility study entails and when it should be used. We’ll then outline the five key elements of a feasibility study and provide you with six steps for conducting one within your organisation. What is a feasibility study? A feasibility study is a study, which is performed by an organisation in order to evaluate whether a specific action makes sense from an economic or operational standpoint. The objective of the study is to testRead MoreFeasibility Study3740 Words   |  15 PagesPhilip Enriquez, Manuel Lozano, Arvin Umali, Anthony FEBRUARY 22, 2013 TURON DELUXE Muralla St. Intramuros, Manila Chapter I – Introduction This study looks at how a food cart business will flourish and how it will operate as a business, as well as being an entrepreneur. Food cart businesses are successful in the market nowadays with proper study and all. Such businesses popped like mushrooms. In order to obtain pure success, this paper will show all necessary data to win in the business worldRead MoreFeasibility Studies in Restaurant1981 Words   |  8 PagesChapter I: INTRODUCTION This paper deals about the feasibility study of setting up a restaurant in Serendra. Serendra is one of the prime residential projects of Ayala Land, Inc. It is located between 11th Avenue and McKinley Parkway, Bonifacio Global City, Makati City Serendra is a 12-hectare garden community with European architecture style derived from Tegel Harbor and Germany Berliner Strasse master plans combined with the stone style house or bahay na bato architecture of the Philippines