Feasibility Study Service: Evaluating Project Viability for Success” What is Feasibility Study Service?

What is Feasibility Study Service?

company owners, investors, and other important stakeholders carry out a feasibility study or feasibility analysis to determine whether a project, company idea, product, or service is viable. Usually, it is completed prior to the formal preparation of a company plan. A well-conducted feasibility study will give precise information about whether or not to pursue a new project, product, or business. A feasibility study examines every significant facet of the proposed project in detail to determine the likelihood of its success. Project managers can use this study to weigh the advantages and disadvantages of pursuing a project. Time and money can be greatly saved by doing this.




When it is Essential to Conduct a Feasibility Study?


The following situations call for a business to provide feasibility study services.

  • While launching a new business


  • Adding a new product


  • Acquiring a rival


  • Assess the potential for success of the proposed project


  • Considering a major change or planning to invest


  • Assess the viability of a new business or product


  • To understand the risks or rewards associated with a project


What are the benefits of the Feasibility Study for Business?

Feasibility study or feasibility analysis has a number of benefits and hence it is important to do it before starting any new project. Some of the major benefits include:


  • Likewise, a feasibility study is also helpful in making investor presentations.


  • It evaluates the project on several parameters to enhance the success rate of the project.


  • Firstly, it enables the business to make go/ no-go decisions on new projects/products/services, thereby saving a lot of time and money.


Feasibility Study Report Content

  • Executive summary

  • Schedule

  • Marketing approach

  • Item specifications

  • Financial forecasts

  • Goods and services marketplace

  • Future technology consideration

  • Research-based recommendation


What are the steps in India Watch Feasibility Study Consulting Practice?


  • Preliminary Analysis


  • Market Study


  • Operational & Legal Feasibility


  • Economic Feasibility


  • Financial Modelling


  • Presentation and Reports

Location: India

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