A feasibility study or business plan is the description of a business or project in detail. It is a roadmap and reflects the financial and non-financial objectives and plans. It determines the feasibility, viability and/or desirability of a business or project.
In contrast to the business plan, a feasibility study will be developed for a new business or project.
The body or content of the document depends on the object and purpose, type and stage of the business or project.
The most popular types of feasibility study and business plan related documents are:
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In general, the information on the internal environment is functional, commercial, technical and financial. The non-financial part represents the basic, core and fundamental aspects of the business or project.
These aspects include:
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It is a definition of the ways of creating, delivering and capturing values.
In addition, the financial part is an overview of income and expenses on a monthly, quarterly and/or yearly basis. The information will be reflected in the income statement, balance sheet and cash flow statement. A feasibility study or business plan forms the first budget of a business or project. It is a basis for the comparison with the results at the beginning of the operation. The decisions will be based on the variance between a budget and the actual.
The information on the internal environment is complemented or supplemented with the information on the external environment or market.
It also includes the drivers and trends in connection with:
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The information is collected by the means of primary and/or secondary research. Whereas, the National Centre for Statistics & Information is one of the most relevant and reliable sources of information in the country.
In conclusion, the strengths and weaknesses are derived from the internal and the opportunities and threats from the external environment of the business or project. The document will set out the ways to utilize the strengths to maximize the opportunities and to minimize the threats and to utilize the opportunities to minimize the weaknesses and to avoid the threats.
We have been part of the preparation and provision of market papers, reports or studies as well as pre-feasibility studies, feasibility studies and business plans for manufacturers (such as plastic factories, pre-fabrication factories, pipes plants and others), real estates, agricultural businesses or projects, education institutions, medical centers and others in the Sultanate of Oman.
Furthermore, the papers, reports and studies of our experts and specialists exceed the standards introduced by the leading banks and financial institutions in the country.
We create added value and emphasize the applicability of our feasibility studies or business plans during the implementation of a business or project (in addition to the sourcing of financing or funding).
Our recommendations depend on the requirements of a client or customer and the complexity of a business or project. In a majority of our cases, we propose or suggest to take it step-by-step and to create a market report which will allow to assess your possibilities and to evaluate the potential of the business or project. It is followed by a pre-feasibility study and/or feasibility study in compliance with the requirements of the banks or financial institutions, if the conclusions of the market report were positive.
It would be our pleasure to learn more about your business or project and to discuss the most suitable approach for you!
Please click on the link and reach out to our experts and specialists to discuss your requirements. It would be our pleasure to assist you!
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