A ready-made feasibility study pdf. The feasibility study is the most important thing that the idea owner must prepare before he sets out to implement his idea, and turn it into a project based on the ground. It shows the required investments and the expected financial return, in addition to the external influences on the project such as state laws, competition, and technical and technical development.
Feasibility Study Ready Pdf
The feasibility study is the backbone of any successful project, where a choice is made between the investment opportunities offered to choose the best and to determine the extent of market experiences for the idea of the new project. Feasibility studies usually begin by determining the marketing validity of the project.
In order to determine the possibilities of market response to the idea of the new product or service that the project will provide, and based on the feasibility study, the appropriate decision is taken either to continue with the implementation of the project or to retreat.
As for how to carry out the feasibility study, you have several options:
Using a ready-made feasibility study form and modifying it, as it enables anyone who does not have experience in preparing a feasibility study, to do it himself, but it is enough for him only to fill in the blanks and answer the questions posed in the form.
Carry out the feasibility study on your own without resorting to the ready-made model or specialists, but you must have sufficient knowledge and skill for this.
Appointing one of the companies specialized in the field of feasibility studies, to help you complete a comprehensive feasibility study for your project.
One of the best of these companies is the Technical Company for Economic and Administrative Consultations for various sectors and fields and for major governmental or private institutions and factories.
The company was also distinguished by the completion of effective feasibility studies, which help you achieve the desired goals as a result of the implementation of the project, in addition to developing proposals and alternative plans if unexpected losses occurred in the short and long term.
The technology company provides thousands of electronic services, most notably e-marketing, which many companies and institutions rely on, to promote their products more widely, which increases the percentage of profits.
The company uses the latest technological means and methods to advertise and promote your project, which will reflect positively on you in terms of achieving fame and making money.
Types of Feasibility Study Pdf
The feasibility study is the engineering of the project and the subsequent financial, economic, and social studies. It is the starting point, whether the project is large, productive, service or small, governmental or private, new or expanding an existing facility.
There are many types of a feasibility study that fall under two main sections, a preliminary study and a detailed study.
First the preliminary study:
This study deals with the general outlines of all aspects of the proposed project to be put on the market and deals with various issues, including:
The market need for the product or service.
The expected domestic and foreign demand for the project’s products or services.
The costs are necessary for the project, whether they are capital or operational costs.
Sources of financing the project, and whether external or self-financing will be relied upon.
Technical feasibility of the project.
Second, the detailed study:
This study is more comprehensive, as it includes all aspects of the proposed project, and it is also the beginning of the implementation phase. After conducting the detailed study, the final decision is either to implement the project or to dismiss it. Several sections fall under the detailed study as follows:
A technological feasibility study.
Financial feasibility study.
Legal feasibility study.
Marketing feasibility study.
Technical and practical feasibility study.
What is the economic feasibility?
The feasibility study includes several steps, as follows:
First, determine the good or service that will be put on the market:
The service or goods to be produced and sold must first be identified.
Second, ascertaining the desire of the consumer:
Where the feasibility study must deal with the knowledge of consumers’ demands in order for the commodity to be able to meet their needs and to identify the extent to which shoppers are able to it.
Third, how to implement the project:
This particular step is one of the most important things that must be studied during the economic feasibility, in order to know the ways to implement it.
See also project feasibility
Fourth, calculate the project costs:
The economic feasibility study must include a study of the project’s financial costs, and it is divided into several sections:
Fixed costs: which include salaries, job insurance, rent for the project site, and the amount of depreciation.
Variable costs: They are constantly changing according to prices, and these costs include transportation, raw materials, maintenance, water, and electricity.