Most lenders and investors and many government programs around the world require that a qualified third party provide an unbiased and independent research report.
A proper feasibility study cannot be completed with a template and cannot be done for a couple of hundred USD. Although, we keep the cost down, a professional study takes time to complete.
Research into areas such a availability of trained or trainable labor, transportation, utilities and site engineering are included in studies that use labor and/or a site.
Economic impact, technical feasibility and market feasibility are also researched, compared with industry standards and elements of economic opportunity, unmet demand and competitive advantage are fully evaluated in a professionally prepared feasibility study.
Financial feasibility is developed based on findings of three preceding elements of a feasibility study: Economic feasibility, Market feasibility and Technical feasibility.
The last factor is Management feasibility. This is important when understanding management, experience, capitalization, availability of seasonal credit and raw materials.
There are no shortcuts. All aspects relating to barriers to entry, potential changes in the market or business plan must be analyzed. Risks and sensitivity analyses are applied.
The cost varies depending on the scope of the project. All we need is to understand what the scope of work is, who the report is for, how the report will be used. Normally, these items are addressed in your executive summary.
To speak about your feasibility study needs, please call us at 1.888.661.4449 or email me at dsafranek@wert-
You may view our website at http://www.wert-
We look forward to hearing from you!