Feasibility Consulting is a consultancy process in which the technical and financial feasibility of the investment to be made is evaluated and all necessary information that will form the basis of the investment decision is evaluated before the investment is made. Feasibility Report or Feasibility Study is created at the end of the feasibility consultancy process. Feasibility Consulting and Project Consulting services are consultancy services taken in investment decisions.
What is Feasibility?
The concept of feasibility is used for preliminary evaluation and analysis studies on the realization of an idea in business life or whether a planned investment should be made. With the feasibility study, all the elements related to a new business idea or a planned new investment are handled together with all the details before starting the business, thus ensuring that the right planning and decisions are made regarding the investment.
Feasibility Studies – Feasibility Analysis
Feasibility studies can be used in the investments to be made by existing businesses to expand their business, when funds are requested from financial institutions for the financing of the investment, in the investor search process of the company, in the investment process of the company in another company, or in applications related to the grant and incentive processes provided by the state, as well as making investment decisions from scratch.
Feasibility Study
In feasibility studies, analyzes are carried out using both future forecasts and data on the current situation. In this context, both using the right data and reaching the right information and making realistic estimates are very important in the analysis of the feasibility of the investment. Otherwise, results such as starting an investment that should not be made or a negative evaluation of an investment that has an important opportunity may occur. For this reason, feasibility consultancy is preferred before the implementation of new business ideas and investments.
Project Management Consultancy
Project Management Consulting with feasibility is an intertwined process. After the feasibility, the management and completion of the project is essential.
Feasibility Consulting Stages
While feasibility studies may require evaluation from many aspects, the basic elements to be considered are given below.
Market research: It includes researching the competitors in the area to be invested, evaluating the product sales prices, determining the target market, analyzing the demand structure and similar research.
Investment site research: It includes research such as proximity to the market, proximity to raw material sources, personnel infrastructure, transportation and infrastructure opportunities and similar research in the selection of the area where the investment will be realized.
Technical research: It includes research on which technologies will be used in the production process, determination of suitable machinery-equipment and suppliers, production capacity planning, determination of necessary personnel in terms of quality and quantity, determination of necessary physical conditions and similar subjects.
Financial analysis: It includes the analysis of whether the investment is profitable or not and the financial adequacy of the business as a result of analyzes such as total investment cost, input costs to be used in production, capital need, break even point, sales prices and income estimates according to capacity, and cash flows.
Feasibility Consulting Services
As Plus Global Consulting, we are among the companies that prepare the feasibility report and the companies that carry out the feasibility studies, and we write your feasibility reports.
As a Feasibility Consultant and Project Consultancy company, Plus Global Consulting provides professional Feasibility Consulting services by our expert team to evaluate whether your new investment plans are profitable and to use your resources in the right areas. If you want to benefit from our Feasibility Consulting services, you can contact us.
