🔵 🔷 KYB - AN IMPORTANT TERM IN BUSINESS 🔵 🔷

 




❓ What is a Feasibility Study


🅰 A feasibility study is an assessment of a proposed project's potential for success and viability.


❓ Why is it a must


🅰 It's a critical step in the decision-making process for any project or business venture. A feasibility study aims to provide an independent assessment that examines all aspects of a proposed project, including technical, economic, financial, legal, and environmental considerations.


❓ A Feasibility study includes what


🅰 ✅ An executive summary

✅ A description of the product or service

✅ Technical considerations

✅ market survey

✅ An operational feasibility study

✅ A project timeline

✅ Financial projections



❓ How exactly it helps in your business


🅰 A feasibility study can help you consider the costs and activities required to set up and run a business. It can also help you determine when the potential business will offer a return on investment



🔵 🔷 Have you done one such for your business or project ?

🔵 🔷 If not, Please do to protect your business , your investment and your time and efforts .


✅ ✔ You will realize about your business in a broader way.

✅ ✔ Your pitching to investors will be very professional and you will have all the answers they can throw at you.

✅ ✔ Government banks and financial institutions are very glad to have your professional feasibility study before they entertain you for your requests.


✖ ❌ Please avoid doing on your own. It definitely takes an expert skillsets

✖ ❌ Approach the right people who has done Feasibility Report for minimum 20 to 25 projects.


✳ ✴ FEASIBILITY STUDY REPORT IS THE PROPER ROAD MAP & BLUE PRINT TO YOUR BUSINESS/PROJECT.


✳ ✴ Carry it along wherever you go in this vast universe .


✳ ✴ KNOW YOUR BUSINESS (KYB)

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