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    Feasibility

    Uploaded by

    Kavita Nandan

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    © All Rights Reserved
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    Feasibility

    Uploaded by

    Kavita Nandan
    20 views21 pages

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    © © All Rights Reserved

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    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    20 views21 pages

    Feasibility

    Uploaded by

    Kavita Nandan

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 21

    Identifying Entrepreneurship

    Opportunities
    Preparing Pre Feasibility Report

    UNIT II
    What is a Feasibility Study?
     A feasibility study is carried by a company to know if
    a project is possible in a given circumstance.

     To find out whether a company has enough money


    for a project, to find whether a product will sell and
    there is enough talent of human resource to support
    the project.

     A good feasibility study will show the strengths &


    deficits of a project before it is planned and budgeted.
    Feasibility Study
    Feasibility Study Phase
    Continued…
    Feasibility Study
    Example

     examples of operational feasibility at Reliance Jio, the Indian


    telecommunication giant-Robust Network Infrastructure:
     Reliance Jio invested significantly in creating an extensive, future-
    proof, end-to-end, all-IP network across India.
     The operational feasibility lies in the successful deployment and
    management of this vast infrastructure to provide seamless connectivity
    to millions of users.
    Example Schedule Feasibility
     Let’sexplore examples of schedule feasibility in the
    context of schools-

    New Course Implementation:


     They need to assess whether the proposed schedule
    aligns with existing class timings, teacher availability,
    and student preferences.
     Ifthe new course can be accommodated without
    causing conflicts, it is considered feasible.
    Reasons behind Feasibility Study
    Final Decision…
    Steps involved in Pre-Feasibility Report
     Preparing a Pre-Feasibility Report comprises of certain key steps to
    understand the viability of a project before committing significant resources.
     An outline of the report includes-
    1. Executive Summary
     It considers the critical facts of the pre-feasibility study like the purpose of the
    project, potential benefits and major findings.
    2. Introduction
     Provides background information of the project, its objectives, and the
    context in which it will operate.
    3. Project Description
     Detailed description of the project, scope, location, size, and unique features.
     Rationale behind the project and its alignment with organizational goals.
    4. Market Analysis
     Assessment of market demand of proposed products or
    services.
     Analysisof the target market, size, growth trends,
    competition, and potential customers.
     Considering regulatory or industry-specific aspects that may
    influence the market.
    5. Technical Analysis
     Itimplies evaluation of the technical feasibility of the project-
    availability of technology, equipment, and skilled labor.
     Understand,if any technical challenges or risks are related with
    the implementation of the project.
    Continued…
    6. Financial Analysis
     Estimation of the capital investment required to launch the project-
    cost of land, construction, equipment, and other expenses.

     Projecting revenue based on market demand, pricing, and sales


    forecasts.

     Conduct sensitivity analysis to assess the project's financial viability


    in different scenarios.

     Calculate key financial metrics such as payback period and return on


    investment (ROI).
    Continued…
    7. Risk Assessment:
     Identify potential risks and uncertainties(VUCA) that could disturb the
    project's success- market volatility, regulatory changes and technical
    issues.
     Recommend mitigation strategies to address them.

    8. Environmental and Social Impact


     Assess the environmental and social impacts of the project-risk to local
    ecosystems, communities or cultural heritage.

     Enhance positive outcomes like sustainability initiatives or community


    engagement programs.
    .
    Conclusion…
    9. Conclusion:
     Summarise the findings of the pre-feasibility study and
    recommendations related to the viability of the project.
     Highlight the important areas of concern before proceeding to
    the next stage of development
    10. Appendices
     Inclusion of supporting documents and data referenced in the
    report as market research reports, technical specifications, or
    financial models.
     The aforesaid steps enables to create a comprehensive pre-
    feasibility report for an informed decision-making and project
    planning.
    How to Write a Feasibility Business Plan for
    Jewelry Making?
    How to Write a Business Plan for Jewelry Making?
     Identify
    new trends in jewelry designing and
    marketing opportunities.
     Ifoutside financing is needed, then a thorough business
    plan is a necessity
     Provide information about the company and founders
    in the "Company Information" section of the business
    plan.
     Discussthe qualifications, certifications and previous
    jewelry design experience of the owners.
     Describethe types of jewelry that will be made in the
    "Products Offered" section.
    Continued…
     Document an analysis of competitors in the jewelry business and the
    demand for similar jewelry products in the "Market Analysis" area of the
    plan.
     Include information on the target customer, jewelry buying behavior and
    pricing strategies in this section.

     Discuss marketing plans in the "Marketing Strategy" section addressing


    advertising, promotions, pricing and incentives plan.
     Consider whether the jewelry will be sold.
     Describe the organizational structure in the "Management/Ownership"
    section.
     Identify staff requirements to make the jewelry products, including the
    design or purchase of any sub-components, such as beads or findings.
     Outline staff requirements for sales and administration too. Special
    certifications, such as in gemology, or training in special design techniques,
    should be noted in this section.
    Continued..

     Include financial statements in the "Financial


    Statements/Projections" section of the business plan-as
    anticipated sales and expenditures, photography
    equipment and website development.
     Additional documentation in the Appendix that will
    provide more detail about the business.-
     Resumes
     photographs of the jewelry
     Sales brochures are possible items.
    Key Takeaway
     The report should be comprehensive, well-
    organized, and supported by credible data and
    analysis.
     Additionally, it should provide stakeholders
    with valuable insights to help inform decision-
    making regarding the project's feasibility and
    potential for success.

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