Free Feasibility Study

Answer 1

Feasibility Studies are serious undertakings. They require significant research, evaluation and analysis. The take time to complete and are not a simple pro forma statement. Unmet demand must be determined, market pricing and competitive advantage, supply chain and market analysis, competitive analysis including proposed competition, an evaluation of substitutes and more. If the project includes real estate a complete Highest and Best Use Analysis must be completed, roads, permitting, utilities and their capacities availability, availability of trained and trainable labour, economic impact, and more. The technical aspect must carefully evaluate if the systems will actually produce to meet pro forma, compare the cost of the systems, and determine their operating cost and down times, and more. Then once the economic, market and technical feasibility are finished, then a financial feasibility can begin. And the financial feasibility must be a critical month-by-month pro forma that is based on a range of variables including production sale revenues, operating costs and the variance of each item. Then a sensitivity analysis via break even analysis and monte carlo simulations should be applied to all financial ratios.

Anyone who thinks they can download a program or simple spreadsheet that can replace these undertakings does not understand what a feasibility study it.

Answer: A real feasibility study is not free and can cost anywhere from tens of thousands to millions.