Feasibility Studies

 

A feasibility study is an analysis that considers a project’s relevant factors to ascertain its practicality, viability and ultimate success as well as identifying potential issues, strengths, weaknesses and problems.

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The studies contain a wealth of in-depth information, tailored specifically to your project and location, gathered and analysed by experts in the field of diversification and presented in a formalised written approach.​

Whether a project is feasible depends on many things: location and planning permission, practicality, economic, technical or legal issues, market analysis, competition and the cost and return on investment.

 

The main reason business ventures fail is through lack of planning and research; a feasibility study will ensure you have all the information needed to make educated decisions. Through detailed planning, knowledge of the marketplace, customers, competition, the environment and potential growth, you are equipped with invaluable knowledge that will enable you to foresee potential obstacles, as well as the best solutions to deal with them. This process considers all areas of your business plan and ensures you have something concrete on paper before you proceed.

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Our feasibility studies are presented in a clear, easy-to-navigate format divided into relevant sections. Every study is unique, but generally includes all of the following:

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• Overview of Project

• The Proposal

• What We Do  

• Analysis, Planning and Demographics

• Competition

• Funding and Grants

• Design Overview

• Project Management

• Future Development 

• Project Summary

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A feasibility study reduces the risk of making poor decisions and increases your success. Through this objective and independent view it allows you to make informed decisions and see the true potential of your idea, as well as the best way it can be implemented and launched. It can also be an invaluable tool when applying for grant funding, bank loans, and pitching to investors for your projects as the study forms a solid base of a business model.

 

If your feasibility study gives you a compelling reason to go ahead with the project, Appetite Me can guide you through the whole process. Your vision will be brought to life with creative flair, attention to detail and practical, profitable solutions that will deliver to the bottom line.