FEASIBILITY STUDY AND BUSINESS PLAN (GET ONE)
FEASIBILITY STUDY AND BUSINESS PLAN (GET ONE)
Entrepreneurs face many challenges when creating a new venture. Although the business plan is one of the most well-known documents, the feasibility study may be just as important. As a matter of Fact, Before the entrepreneur can seek funding, he or she must demonstrate that the idea is truly a good one.
Rochester.edu explained that a feasibility study, “can be defined as a controlled process for identifying problems and opportunities, determining objectives, describing situations, defining successful outcomes, and assessing the range of costs and benefits associated with several alternatives for solving a problem.”
In order to create a feasibility study, entrepreneurs need to define dimensions of business viability including: market viability, technical viability, business model viability, management model viability, economic and financial model viability, and exit strategy viability.
A good outline for a feasibility study includes:
Introduction
Product or Service
Technology
Market Environment
Competition
Industry
Business Model
Market and Sales Strategy
Production Operations Requirements
Management and Personnel Requirements
Regulations and Environmental Issues
Critical Risk Factors
Financial Predictions Including: Balance Sheet, Income Statement, Cash Flow Statement, Break Even Analysis, and Capital Requirements
Conclusion
A feasibility study is not the same thing as a business plan. The feasibility study would be completed prior to the business plan. The feasibility study helps determine whether an idea or business is a viable option.
Also,The business plan is developed after the business opportunity is created. StrategicBusinessTeam.com explained, “A feasibility study is carried out with the aim of finding out the workability and profitability of a business venture. Before anything is invested in a new business venture, a feasibility study is carried out to know if the business venture is worth the time, effort and resources. A feasibility study is filled with calculations, analysis and estimated projections while a business plan is made up of mostly tactics and strategies to be implemented in other to grow the business.”
While it may seem the feasibility study is similar in many ways to the business plan, it is important to keep in mind that the feasibility study is developed prior to the venture. StrategicBusinessStream pointed out that “a feasibility study can readily be converted to a business plan.” It’s important to think of the business plan in terms of growth and sustainability and the feasibility study in terms of idea viability.
BUSINESS PLAN
Entrepreneurs face many challenges when creating a new venture. Although the business plan is one of the most well-known documents, the feasibility study may be just as important. Before the entrepreneur can seek funding, he or she must demonstrate that the idea is truly a good one.
Rochester.edu explained that a feasibility study, “can be defined as a controlled process for identifying problems and opportunities, determining objectives, describing situations, defining successful outcomes, and assessing the range of costs and benefits associated with several alternatives for solving a problem.”
In order to create a feasibility study, entrepreneurs need to define dimensions of business viability including: market viability, technical viability, business model viability, management model viability, economic and financial model viability, and exit strategy viability.
A good outline for a feasibility study includes:
- Introduction
- Product or Service
- Technology
- Market Environment
- Competition
- Industry
- Business Model
- Market and Sales Strategy
- Production Operations Requirements
- Management and Personnel Requirements
- Regulations and Environmental Issues
Critical Risk Factors
Financial Predictions Including: Balance Sheet, Income Statement, Cash Flow Statement, Break Even Analysis, and Capital Requirements
Conclusion
A feasibility study is not the same thing as a business plan. The feasibility study would be completed prior to the business plan. The feasibility study helps determine whether an idea or business is a viable option. The business plan is developed after the business opportunity is created. StrategicBusinessTeam.com explained, “A feasibility study is carried out with the aim of finding out the workability and profitability of a business venture. Before anything is invested in a new business venture, a feasibility study is carried out to know if the business venture is worth the time, effort and resources. A feasibility study is filled with calculations, analysis and estimated projections while a business plan is made up of mostly tactics and strategies to be implemented in other to grow the business.”
While it may seem the feasibility study is similar in many ways to the business plan, it is important to keep in mind that the feasibility study is developed prior to the venture. StrategicBusinessStream pointed out that “a feasibility study can readily be converted to a business plan.” It’s important to think of the business plan in terms of growth and sustainability and the feasibility study in terms of idea viability.
You can use this format in developing your own business Plans and feasibility Study
OUR TABLE OF CONTENT INCLUDE;
SECTION 1
(Business plan section)
Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi.
After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria. It was discovered that, farming generally will do well both on crop and animal production.
Fund Transfer or ATM cash Transfer directly from his/her account into any of CHRIS FARM NIGERIA bank accounts.
If it is an E-Book, project materials, written project or written feasibility study, it will be sent to your immediately as soon as your transaction reflects in our account.
Please note; it will take ten working days to write (or prepare) a feasibility study or a project on your request.
Our bank details are on the website page, Just click on payment to get them
After placing your order, SMS your payment information (Manual title,
Name on teller, payment teller number, and your e-mail address)
E.g. catfish, Kelechi Bisi Amina,531796,allpurpose@yahoo.com
Advantages of sending your request via email your e-book (electronic book) is downloadable from your e-mail box which allows you to read and print out this book
We assure you of maximum support when you need us. Please, do not hesitate to ask us for the way forward.
Get in touch with us today on our phone numbers or send us an email. We await your response……………………….
EMAIL: chrisfarmnigeria@gmail.com
PHONE: +234(803)-692-5718 or +234(805)-127-0981
LIKE US ON FACEBOOK: www.facebook.com/chrisfarmnigeria
FOLLOW US ON TWITTER: www.twitter.com/chrisfarm9ja
AT Chris farm Nigeria, We Deliver the Best Services…
Other services we render are displayed on our advert below;
OUR TABLE OF CONTENT INCLUDE;
SECTION 1
(Business plan section)
SECTION I – EXECUTIVE SUMMARY
NAME OF BUSINESS / COMPANY
OFFICE & SITE LOCATION
MOTIVATION
MISSION STATEMENT
SOCIAL/ECONOMIC VALUE
PROJECT STATUS & START UP
WHY PREPARE THIS BUSINESS PLAN?
SECURITIES FOR THE PROPOSED LOAN
REPAYMENT
SECTION II – STUDY AREA
STUDY AREA
COMPANY OVERVIEW
MANAGEMENT TEAM
DEPARTMENTS IN THE COMPANY
EXPERIENCE
MANAGEMENT TEAM GAPS
SECTION III – INDUSTRY ANALYSIS
DEFINING YOUR INDUSTRY
YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
INDUSTRY STRUCTURE
MARKET OVERVIEW
MARKET SEGMENTATION
RELEVANT MARKET SIZE
KEY SUCCESS FACTORS
LONG TERM PROSPECTIVE
MARKET CHARACTERISTICS
SAMPLING TECHNIQUE
SECTION IV – CUSTOMER ANALYSIS
TARGET CUSTOMERS
CUSTOMER NEEDS
MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
BUYERS BEHAVIOUR
MARKET SHARE
SALES FORECASTING
SECTION V – COMPETITIVE ANALYSIS
DIRECT COMPETITORS
COMPETITIVE ADVANTAGES
SECTION VI – MARKETING PLAN
PRODUCTS & SERVICES
FINISHED PRODUCTS
PRODUCT QUALITY AND PRODUCTION QUANTITY
PRODUCTION CAPACITY
PRICING
PROMOTIONS PLAN
DISTRIBUTION PLAN
SECTION VII – OPERATIONS PLAN
GENERAL APPROACH TO PRODUCTION
TECHNICAL ANALYSIS / PRODUCTION PROCESS
EQUIPMENT
PACKAGING REQUIREMENTS
SECTION VIII – FINANCIAL PLAN
REVENUE MODEL
FINANCIAL ANALYSIS
FINANCIAL ASSUMPTIONS
FINANCE CHARGES
FINANCIAL PROJECTIONS
FUNDING REQUIREMENTS/USE OF FUNDS
CRITICAL ASSUMPTIONS
SECTION 2
(Feasibility study section)FINANCIAL MODELS
SUMMARY OF PROJECT COST
BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
DEPRECIATION
UTILITIES
OPERATING EXPENSES (OPEX)
TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
FINANCING PLAN
INSTALLED / AVAILABLE EQUIPMENT
BREAK-EVEN ANALYSIS
LOAN REPAYMENT SCHEDULE AND INTEREST PAID
FORECAST OF PROFIT AND LOSS
CASH FLOW
BALANCE SHEET
GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
BUSINESS RATIOS - PROFITABILITY ANALYSIS
CONCLUSION
SECTION 3 – APPENDIX
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- NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.
- BUT, WE are permitted to display only executive summary.
- This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State.
1stsample;
Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi.
Furthermore on the Sample
Okpe Local Government is a territory that used to be part of the original Okpe Kingdom. Its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration.After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria. It was discovered that, farming generally will do well both on crop and animal production.
HOW TO PLACE AN ORDER NOW?
Payment Methods- Bank Deposit
- Electronic Fund Transfer or western money transfer
- ATM cash Transfer
Fund Transfer or ATM cash Transfer directly from his/her account into any of CHRIS FARM NIGERIA bank accounts.
If it is an E-Book, project materials, written project or written feasibility study, it will be sent to your immediately as soon as your transaction reflects in our account.
Please note; it will take ten working days to write (or prepare) a feasibility study or a project on your request.
Our bank details are on the website page, Just click on payment to get them
After placing your order, SMS your payment information (Manual title,
Name on teller, payment teller number, and your e-mail address)
E.g. catfish, Kelechi Bisi Amina,531796,allpurpose@yahoo.com
To +2348036925718 or +2348051270981 once I confirm your payment.
The material will be sent to your immediately! By e-mail Trust us 100% to do that.Advantages of sending your request via email your e-book (electronic book) is downloadable from your e-mail box which allows you to read and print out this book
- Zero shipping costs.
- No wasting time, forget having to wait weeks for postal delivery.
- No risk of products lost in the mail or damaged
Thinking that we might live you after your purchase? Definitely no!
With the CBN policy in Nigeria via bank verification number (BVN), is almost impossible to steal your money from bank transfer or bank payment.We assure you of maximum support when you need us. Please, do not hesitate to ask us for the way forward.
Get in touch with us today on our phone numbers or send us an email. We await your response……………………….
WRITTEN AND COMPILED BY CHRIS FARM NIGERIA
WEBSITE: www.chrisfarmnigeria.comEMAIL: chrisfarmnigeria@gmail.com
PHONE: +234(803)-692-5718 or +234(805)-127-0981
LIKE US ON FACEBOOK: www.facebook.com/chrisfarmnigeria
FOLLOW US ON TWITTER: www.twitter.com/chrisfarm9ja
- A big thank you for your patronage in advance
AT Chris farm Nigeria, We Deliver the Best Services…
Other services we render are displayed on our advert below;
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Provide feasibility study/business plan for new and existing businesses
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Furthermore, Provides Architect for any design
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Feed formulation for general livestock, including
Floating/Sinking Fish feed
Soybean oil processing, Teachings on how to test soybean cake,
Teaching on how to remove the gummy and unpleasant smell of soybean oil
Palm Oil/Palm nut cracking
Fish Farming (Pond Construction and Fingerlings distribution)
Poultry farm (plus marketing ideas)
Rabbit farming
Snail Farming
Grass-cutter/cane rat Farming
Commercial Crop Farming
Handwork/Workshop Plan
Pure Water Business
Nylon production
Professional Website design (cooperate and personal)
Bulk SMS (plus re-seller website)
Business Software Design
Logo design plus company slogan
Printing Press (Graphic design, lithography, banners, poster, handbills etc)
Sales of battery cage for livestock farming all over Nigeria
E-books on; Broilers farming, Layers farming, Grass-cutter farming, Rabbit farming, Pig farming, Catfish farming, and many more……
How to own, manage, and make millions from catfish production (Most demanded)
Projecting writing, Sales of written projects, and many more…………
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