FEASIBILITY STUDY DEFINITION OF FEASIBILITY STUDY A feasibility study • Is designed to provide an overview of the primary issues related to a business idea. • Is created in order to minimize risk and to ascertain the viability of a project. • Is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to support the process of decision making. COMPONENTS OF FEASIBILITY STUDY ✓ Market/Marketing Study
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What is a feasibility study? “A feasibility study is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to support the process of decision making” (Wikipedia.com). Without the use of Wikipedia defining feasibility study would fall on understanding the two words it compresses. Feasibility or the root word feasible means a degree to which something can be achieved or put into the effect‚ therefore something feasible is something
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A Sample Feasibility Study1 PET ÉLAN I. DESCRIPTION OF YOUR BUSINESS In recent years‚ there has been an increase in the number of households that have pets‚ especially dogs and cats. Further‚ there is emerging a steadily growing group of pet owners that is willing to purchase upscale‚ unique products for these important members of their family. Pet Élan is an upscale boutique for these discriminating pet owners. Pet Élan will offer highquality pet products to discerning individuals who wish their
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Chapter # 3: Feasibility Study Steps in feasibility analysis Eight steps involved in the feasibility analysis are: 1. Form a project team and appoint a project leader. 2. Prepare system flowcharts. 3. Enumerate potential proposed system. 4. Define and identify characteristics of proposed system. 5. Determine and evaluate performance and cost effective of each proposed system. 6. Weight system performance and cost data. 7. Select the best-proposed system. 8. Prepare and report final
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Feasibility Study CHAPTER 1 Summary of the Project 1.1 Name of the Firm The proponents decided to put up a business firm in the form of partnership which will be legally known as “SBG COMPANY” that will venture the clothing industry. “SBG” stands for the initials of the proponents namely‚ Sheena‚ Bernard and Gaea. The name of the product will be called as “VALREOSI” shirt. The name stands for the proponent’s surnames Valentin‚ Recirdo and Osilao. 1.2 Location The proponents chose
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2. SYSTEM STUDY 2.1 FEASIBILITY STUDY The feasibility of the project is analyzed in this phase and business proposal is put forth with a very general plan for the project and some cost estimates. During system analysis the feasibility study of the proposed system is to be carried out. This is to ensure that the proposed system is not a burden to the company. For feasibility analysis‚ some understanding of the major requirements for the system is essential. Three key
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Feasibility Study (COMPUTER SHOP) “KuliSHOP” Introduction Today‚ most of the University of Santo Tomas students are complaining about the deprivation of computer shops for school needs. The students would not find a hard time to find or do what they need for school when we put up our business near UST. The "KuliSHOP" will offer high quality printings and will have high quality computers‚ that students will be comfortable whatever they wish to do for school needs. We named our sop for
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ESTABLISHMENT OF A PRINTING SHOP IN THAI NGUYEN CITY An Undergradute Feasibility Study Presented to UNIVERSITY OF RIZAL SYSTEM In partial fulfillment of the Requirement for the Degree Bachelor of Science Business Administration major in Financial Management HOÀNG THU HẰNG (JENNY) HOÀNG THỊ BÍCH HOÀN ( MARY 2 ) June 2011ii APPROVAL SHEET This undergraduate feasibility study entitled ESTABLISHMENT OF A PRINTING SHOP IN THAI NGUYEN CITY‚ prepared and submitted by Hoàng Thu Hằng(Jenny)
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FEEL CLEAN ALL DAY‚ EVERYDAY FEASIBILITY DECISION: FEASIBLE HANDY PENS‚ LLC. Business Feasibility Study EXECUTIVE SUMMARY In the convenience driven world we live in today it is no question that people are looking for more and more ways to make their lives easier. With that being said I would like to ask you a question. On an average day how many of you find yourselves using a pen? Our thoughts exactly‚ so one day we sat down and thought
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UNIVERSITY Sto.Tomas External Studies Center ------------------------------------------------- Sto.Tomas Davao Del Norte ------------------------------------------------- FEASIBILITY STUDY In Partial Fulfillment in IT CORE 1 (I.T. FUNDAMENTALS) PRESENTED TO: JUNIE R. BAGUIO By: Daryl Ortiz October 15‚ 2012 I. DESCRIPTION OF THE BUSINESS The product or services to be offered and how they will be delivered. II. MARKET FEASIBILITY Includes a description of the
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