To validate the viability of the idea:
The purpose of a feasibility study is to provide a comprehensive assessment of a proposed project or business idea. It helps to identify potential obstacles to the success of the project and provides recommendations on how to mitigate those obstacles. The primary goal of a feasibility study is to determine whether the project is viable in terms of its economic and social impact.
To identify all related risks :
Every Business has risks involved, it could be market risk.
Would be risk in the particular industry,
Regulatory risk - i.e. what is approved by govt, etc.
We would have in-house expertise who would chart out these risks or we would talk to experts
in that industry and chart out at the risks.
To identify the business model :
Develop the business model to see its viability
To raise capital/funds:
If you plan to borrow or raise cash-even from family as well as buddies -you will have to convey your vision in a manner that is clear and convincing.
You will make use of the plan for so much more-,
Now to write up a realistic and professional business plan or a feasibility study for your business today!
From entities like Sheikh Khalifa Fund, Sheikh Mohammed Bin Rashid fund.
Feasibility study Dubai would help you in realizing the funds.
G01, Block 12 < knowledge park
Dubai
+97142838663
Office Hours: 8AM - 11PM
Sunday - Weekend Days
A Project feasibility study typically includes the following components:
Market Research: Market feasibility analyis is an important part of a feasibility study. It helps to determine whether there is a demand for the product or service that the project proposes to offer. Market research includes analyzing the target market, determining the size of the market, identifying the competition, and assessing the market trends.
Financial feasibility Analysis: A Financial feasibility Analysis is another critical component of a feasibility study. It includes a comprehensive analysis of the project's financial feasibility, including the projected income and expenses, the sources of funding, and the potential risks and challenges associated with financing the project.
Competitive Analysis: A competitive analysis is an essential part of a feasibility study. It involves analyzing the competition and identifying their strengths and weaknesses. The analysis helps to determine whether the project has a competitive advantage in the market and whether it can compete effectively with existing players.
Technical feasibility Analysis: A technical feasibility analysis is another critical component of a feasibility study dubai. It assesses the technical feasibility of the project, including the infrastructure requirements, technology requirements, and the resources needed to carry out the project.
