The most important questions in feasibility studies. Entrepreneurs need to know all the important data and information included in the field of feasibility studies that they must be familiar with to ensure the success of their investment project. We would like to tell you that you are in the right place. Through this article, we will clarify all Concerning the feasibility study, by answering the most important questions in the feasibility studies so that all the data is clear to everyone who wants to evaluate a project, the feasibility study is a sound planning that draws the future picture of any industrial, agricultural, commercial or service project, regardless of its size, and that In order to guarantee the investor the success of the project, and for everyone who wants to establish a project on correct scientific bases, he goes to the work of a feasibility study in one of the companies specialized in working in this field, and preferably if it is a technical company for management consultancy and feasibility studies.
The most important questions in feasibility studies
The feasibility study is about defining and explaining the importance of the project and discovering its usefulness for each person who wants to realize the idea of a project and the expected returns from it. The report and handed over to the project owner in order to study the project well and get acquainted with all its aspects.
It is also this report that makes the financing agencies and banks determine whether the project owner deserves to be granted a loan or not, in short, the feasibility study is through which the individual can determine the required investments for the project and the expected return from it and the extent of the success of this project on the ground.
Among the questions that are asked and many want to know the answer to is what is the importance of the feasibility study. The feasibility study discovers and identifies the chances of the project’s success, and also guarantees to the funding party the success of the project, achieving investment returns and reaping a lot of profits.
The feasibility study is prepared by containing elements specific to the project, such as the idea of its implementation and the extent to which the internal and external market needs it, and identifying the services and products that it is supposed to provide and the basic materials.
The feasibility study is divided into two parts, a preliminary feasibility study and a detailed feasibility study, and each of them plays a different role from the other, but the detailed contains what is included in the initial and many other studies such as the technical, financial, legal, and other feasibility studies.
What are the factors of a feasibility study?
The detailed feasibility study is divided into several main factors, the most important of which are the following:
Technical factors: Technical factors are among the things he focuses on, because they include all the things and stages that the project goes through, from the beginning of its construction until its preparation of all the required supplies such as technicians, workers, machines, geographical location, survey and others.
Economic factors: They are the factors responsible for everything related to money such as costs, profits, returns and revenues. Economic factors play a major role in building and developing the project. When studying them, a decision is made about whether to establish the project or not.
Market factors: They are among the most important factors that must be studied and scrutinized greatly, as they are the ones that entail identifying the quantity of products or services that the project must provide, while choosing the compatible environment that needs this production. In addition, it informs the investor about the market itself and this Positively affects the project, and this makes him control the quantities that his project will produce.
Technical Company for Management Consulting and Feasibility Studies
The feasibility study helps the owners of large projects in a very important matter, which is the organization of the project. Investors in this type of projects need the assistance of an expert in order to prepare an integrated feasibility study for their projects and in order to
It also explains and clarifies everything the project requires to ensure its success on the ground, and the question of what are the best companies specialized in the field of feasibility study is the urgent question that is on the minds of many business leaders.
We offer you a technology company for management consultancy and feasibility studies. It is one of the leading companies in this field. It has been able to gain the trust of all customers, whether former or current, and the technology company provides a lot of electronic services that any entrepreneur or even a novice investor needs. These services are e-marketing, design and management of advertising campaigns.