LocationUAE, Jordan, Online Training
CategoriesFinance & Banking
A feasibility study is needed before starting a new project, developing a new product or service, establishing a new business, or upgrading and modifying existing businesses. The feasibility study is needed to analyze and evaluate of a proposed project to determine if it is technically feasible, if it is feasible within the estimated cost, and if it will be profitable. This course will take you through the journey of developing a feasibility study which is sometimes handled as a project in itself.
Upon completion of this training program, participants will be able to:
- Understand how to prepare, write and present a comprehensive feasibility study
- Understand the need for a feasibility study
- Understand the basic definition used in a feasibility study
- Differentiate between different components of a feasibility study: Market, Technical, Financial and organizational feasibilities
- Perform and present feasibility studies.
- Defining a Feasibility Study:
Understand basic information about the nature and purpose of a feasibility study, how it differs from a marketing study, and why you should prepare a feasibility study.
- Market Feasibility Study:
Understand how to prepare the market components of feasibility studies, including a description of the industry, current market, anticipated future market potential (industry trends), competition, sales projections, potential customers and clients, and other revenue- generating resources.
- Technical Feasibility Study:
Understand the technical and logistical aspects of how your business will produce, store, and deliver its products or services. A technical feasibility includes the details of how you will deliver a product or service (i.e., materials, labor, transportation, where your business will be located, technology needed, etc.).
- Financial Feasibility Study:
Learn how to prepare the financial component of feasibility studies. Estimate start-up capital, identify and list sources of capital, and estimate potential returns on investments.
- Organizational Structure Feasibility Study:
Understand the details of your business’ organizational structure to help make your feasibility study and business plan more attractive to potential investors and clients. An Organizational Feasibility study defines the legal and corporate structure of the business, and offers pertinent professional background information about the founders, partners, and other principals involved in the business.
- Feasibility Study Conclusions:
This is an important part of the Feasibility Study writing process because you need to draw conclusions that you want your investors and potential customers to see. It is critical that your data and other information support your conclusions.
- Presenting a Completed Feasibility Study:
This last, but important lesson, offers guidelines on how to assemble your entire Feasibility Study together in a professional-looking package
- Feasibility Study Case Studies:
The entire course will be thought through example feasibility study