Fahrenheit Technologies is a corporation headed by five members‚ all of whom are shareholders and primary members of the Board of Directors. Established in 2012‚ these five members who have developed a bond in their college years‚ decided to combine their diverse set of skills and go into business together. Thus‚ Fahrenheit Technologies was born. We decided upon that name because our carrier product is the “Thermo-Mug” – a travel mug/tumbler that can keep your hot beverage warm for much longer than
Premium Marketing
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
Premium Project management Balance sheet
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
Premium Marketing Economics Market research
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
Premium Software architecture Cost-benefit analysis Cost
COLLEGE MANAGNMENT SYSTEM FEASIBILITY STUDY PROJECT 1.0 INTRODUCTION Oxford business institute has been agued by some analysts that the challenge being faced does not require textbooks solutions. Other analysts argue that a more practical approach has to be adopted if all their survival has to guarantee. Use of off the shelf system in Colleges had become a norm in Colleges as directors in these Colleges were very much interested in improving the security of their systems and it is these application
Premium Cost-benefit analysis Cost Costs
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
Premium Cost Requirement Requirements analysis
studyEastern Visayas State University Ormoc City THE FEASIBILITY OF A NEW SIT-DOWN RESTAURANT In Partial Fulfillment of the requirements for the subject ENGLISH 223 Technical Writing By Verastigue‚ Gracious O. BT-HELE II-B Presented to: Gertrudes Capalaran‚ M.A. JANUARY 28‚ 2013 I. INTRODUCTION Fast food chains have grown at an incredible rate over the past couple of decades. There seems to be a McDonald ’s or Burger King on every street corner. Fast food offers
Premium Fast food restaurant Restaurant Expense
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
Premium Customer Food Lunch
survey we find out that the site has less than 5 competitors and it’s a good sign of putting up the business. We choose the location at Purok 3 Brgy. Conchu Trece Martires City‚ front of Brgy. Hall. It’s about 75 square meters. Most of the Internet shop located in the area is inside the subdivision and for that we are more capable of attracting customer’s because we will offer more affordable rental fee in 20 pesos per hour. Descriptive Definition of Kyrie Internet Cafe Kyrie Internet Cafe is a place
Free Internet
What to Include in your Feasibility Study March 30‚ 2010‚ 3:32 am In starting a new business venture‚ it is important to conduct a feasibility study to ensure that your business will be successful. Some things to be included are plan‚ cost‚ and sources of funding‚ manpower and personnel requirements‚ market and profitability. In the plan section of your feasibility study‚ State clearly the objectives and description of the project. Duration to complete the project is also included. It is usually
Premium Financial statements Venture capital Cost