Write a feasibility study on the business idea that your team has selected. Use the following steps/ sections as guidelines in developing your feasibility study.

Present your feasibility study in a Report Template, not simply enumerating in response to the guidelines below:

Overview of Feasibility Study:

What is the feasibility study for?

Who are involved in this new business?

Why was this business selected?

Other introductory information regarding your business i.e. name, logo etc..

Products and Services

What is/are your new business service(s) or product(s)?

What is it made of?

How is this service or product being offered?

R&D and technical specs (features etc.. )

How is it available to customers?

Target Market

Market levels over the last 2 years

Viability of the average business in this field in this market

Demographic (age, gender, income, location, spending frequency, spending amount)

Benefit(s) of service/product to customers

Industry

Competitor information

Product/service compared to competitors

Supply and demand

General trends and relevant factors

Critical risks, environmental factors

Plan

Business and pricing strategy

Sales and distribution strategy

Operations

Management, employees, distribution

Location, supply sources

Levels of experience, education, certified hires etc..

Copyrights, trade, advertising

Growth

What new products/services are you planning to develop/offer?

How will you go about it and how much will it cost?

Are you looking into a second or different location? Where?

Finances

Projections (income, cost benefit, balances, cash flow)

Funding required

How will the money be allocated?

Revenue streams and projected amounts

Conclusion / Recommendations: