Feasibility Study

There are various kinds of businesses in India whereas our business feasibility study can support in decision-making process based on a cost-benefit analysis of the actual business or project viability. It helps you to get a handle on whether your idea will work out in India or not. Feasibility studies can also serve as a base for creating a small business plan and a marketing plan, both of which will be required to run a business.

Why the Feasibility Study is important?

•    Feasibility studies are focused and specific.
•    Feasibility studies give you the chance to “get it right” before committing time, money, and business resources.
•    Feasibility studies also open your eyes to new possibilities, opportunities, and solutions you might never have otherwise considered. 
•    A feasibility study scrutinizes the practicability of a proposal, business venture, or idea. 
•    The feasibility report will look at how a given proposal can work on a long-term basis or undergo financial risks that may come.
•    Recognizes potential cash flow.
•    Focuses on the project and narrow down the possibilities.

What Deliverables you can expect from the Feasibility Study?

A good Feasibility Study helps to accurately decide whether to continue with a proposed project. A Feasibility Study should have broad contemplations when considering whether to commence a new project. Feasibility Study includes technological limitations, the marketplace, your marketing strategy, staffing requirements, and financial projections, etc.

1. Description of Products and Services: This section of the feasibility study provides a description of the products and/or services that are being considered as parts of the feasibility study. 
2. Technology Considerations: This section of the feasibility study should explain any considerations the organization must make with regard to technology. 
3. Product/Service Marketplace: This part of the feasibility study defines the existing marketplace for the products and/or services the business is focusing on. 
4. Marketing Strategy: A feasibility study provides a high-level description of how the organization will market its product or service. 
5. Organization and Staffing: With many new products or services there may be a need for additional staffing or for an organization to restructure in order to accommodate the change. 
6. Schedule: This section of the feasibility study is intended to provide a high-level framework for implementation of the product or service being considered along with targeted milestones and timeframes for completion as a guideline only.
7. Financial Projections: Financial projections are one key aspect of new project selection criteria. This section will describe the assumptions on which the illustrated financial projections are based.
8. Findings and Recommendations: This section of the feasibility study provides an area where to summarize the findings of the feasibility study and describes the pros and cons of the initiative being considered.

How ASC helps?

•    Market Analysis to develop strategic Market Focus.
•    Market Research Report to derive actionable information useful for your business.
•    Assistance in Financial Projections to meet your Business Goals
•    Categorizing & Evaluating Competitors to understand their Strengths and weaknesses 
•    Taxation and Legal matter Advisory on a proposed business plan.
•    Risk and Mitigation Planning.