Everything is possible as long as it is possible
Feasibility studies
Feasibility studies are elementary because they allow you to see whether an idea can be realized
Our feasibility study service includes a thorough investigation that evaluates the feasibility of a particular project, idea or business venture. It is used to identify potential risks, challenges and opportunities before concrete measures are taken. The structure could be as follows:
Project summary and objectives
- Clear definition of the project and its goals. Description of the milestones to be achieved.
Market analysis
- Assessment of the relevant market, including size, growth rates and trends. Identification and analysis of the target group and their needs. Competitor analysis: Who are the main competitors? What advantages does your project offer over the competition?
Technical feasibility
- Examination of the technical requirements and resources required for the implementation of the project. Assessment of the availability of technologies and capabilities.
Financial feasibility
- Estimation of initial investment costs.Preparation of a detailed cost-benefit analysis to ensure that the project is economically viable.Forecasting income, expenses and cash flow.
Legal and regulatory aspects
- Review legal requirements, licenses, permits and possible legal hurdles.
Risk analysis
- Identification of potential risks and problems that could arise during implementation. Development of strategies to minimize or manage risks.
Schedule and resource planning
- Establishing a realistic time frame for the implementation of the project.Resource planning, including personnel, technology and other required resources.
Social and environmental impacts
- Assess the impact of the project on the community and the environment. Develop measures to minimize negative impacts and promote positive effects.
Recommendations and conclusions
- Based on the findings of the study, clear recommendations and conclusions should be presented as to whether the project should continue or not.
Summary and presentation
- A clear and easy-to-understand summary of the key findings of the feasibility study. A concise presentation highlighting the key points.
Our feasibility studies are customer-specific and are based on the specific needs and requirements of our customers