Why choose TownCity Real Estate for feasibility study?

Having a vague idea of the value of your feasibility simply is not good enough. In order to protect yourself from liability when dealing with business partners, shareholders, financial institutions, and government agencies, it is imperative that you have;

  • Certified and well trained appraisers.
  • Accurate and reliable result.
  • Documented proof of your property’s value.

Definition

  • Feasibility studies can be used in many ways but primarily focus on proposed business ventures. A feasible business venture is one where the business will generate adequate cash-flow and profits, withstand the risks it will encounter, remain viable in the long-term and meet the goals of the founders. Feasibility Study Outline is provided to give you guidance on how to proceed with the study and what to include. How to Use and When to Do a Feasibility Study will help you through the process and help you get the most out of your study.

Purpose of Feasibility Study

  • Financial reporting
  • Determination of equity
  • Risk management
  • Asset management

Purpose of Feasibility Study

Conducting a feasibility study is a good business practice. If you examine successful businesses, you will find that they did not go into a new business venture without first thoroughly examining all of the issues and assessing the probability of business success.

Below are other reasons to conduct a feasibility study

  • Gives focus to the project and outline alternatives.
  • Narrows business alternatives
  • Identifies new opportunities through the investigative process.
  • Identifies reasons not to proceed.
  • Enhances the probability of success by addressing and mitigating factors early on that could affect the project.
  • Provides quality information for decision making.
  • Provides documentation that the business venture was thoroughly investigated.
  • Helps in securing funding from lending institutions and other monetary sources.
  • Helps to attract equity investment.
  • The feasibility study is a critical step in the business assessment process. If properly conducted, it may be the best investment you ever made.

Activities