Posts Tagged finance business

Feasibility Study (Proof Of Business Concept) Cont.

Market Environment Target Market: • Define and describe the target market(s). Distinguish between end users and customers. • Be clear how end users and customers benefit, and how and why they would buy the product or service. • What is the unmet need(s) your product or services fulfill so beautifully? And how big is the […]


Feasibility Study (Proof Of Business Concept) Outline

• Executive Summary • Product or Service • Technology • Market Environment • Competition • Industry • Business Model • Marketing and Sales Strategy • Production/Operating Requirements • Management and Personnel Requirements • Intellectual Property • Regulations/Environmental Issues • Critical Risk Factors • Timing Considerations • Financial Projections – Balance Sheet Projections – Income Statement […]


Function Of A Feasibility Plan – Proof Of Business Concept

Feasibility plans help entrepreneurs – and their investors – judge whether a business concept is credible. The process of preparing a feasibility plan is a testing process – a validation process to determine what could go wrong and what needs to go right for an enterprise to root and grow. Preparing a feasibility plan requires […]


Developing A Feasibility Study

A Feasibility Study (proof of business concept) is a formalized, written approach to evaluating your business idea. It should; • Show you what facts and figures are needed to aid decision making. • Show whether or not your idea is viable. • Allow you to discover and look at alternative approaches and solutions to putting […]


Business Plans

A business plan is a detailed road map for building a given company. A business plan contains all that the feasibility study has plus specific timelines, detailed budgets with forecasts, letters of intent, resumes of staff, background, competition, strengths and weaknesses, work sheets (with full supporting references and notations) and appendices. Appendices should include copies […]