Feasibility Reports and Business Plans
A feasibility report is a document that assesses potential solutions to the [wpsm_toggle title=”read more “]

business problem or opportunity and determines which of these are viable for further analysis. A feasibility study is an assessment of the practicality of a project or system. A feasibility study aims to objectively and rationally uncover the strengths, weaknesses, threats and opportunities of an existing or new business.

A business plan is a document created by a company that describes the company’s goals, operations, industry standing, marketing objectives, and financial projections. The information it contains can be a helpful guide in running the company. It can be a valuable tool to attract investors and obtain financing from financial institutions.

Guidelines for Writing Feasibility Reports and Business Plans

Business Plans

Write an executive summary.
Describe your company.
State your business goals.
Describe your products and services.
Do your market research.
Outline your marketing and sales plan.
Perform a business financial analysis.
Make financial projections.

Feasibility report

Describe the project.
Outline the potential solutions resulting from the project.
List the criteria for evaluating these solutions.
State which solution is most feasible for the project.
Make a conclusion statement.