Technical & Financial Feasibility Studies
Only one out of fifty business ideas are actually commercially viable. A business feasibility study is an effective way to safeguard against wastage of further investment or resources. If a project is seen to be feasible from the results of the study, the next logical step is to proceed with the full Business Plan. The research and information uncovered in the feasibility study will support the business planning stage and reduce the research time.
The cost of the business plan is also reduced. A thorough viability analysis provides an abundance of information that is also necessary for the Business Plan. A feasibility study should contain clear supporting evidence for its recommendations. The strength of the recommendations can be weighed against the study ability to demonstrate the continuity that exists between the research analysis and the proposed business model. A Business Feasibility Study is heavily dependent on the market research and analysis.
VPL can undertake Techno-Feasibility study findings for potential investors and stakeholders.