Feasibility Studies & Business Plans

Feasibility Studies & Business Plan Writers Lagos, Nigeria

We offer business planning and feasibility studies to our clients. To our clients considering a new investment, venture, or expansion our feasibility and business studies team will be here to put light to that plan.

We assist our clients with strategic, financial, and industry specific feasibility studies and business plan in Lagos. Our feasibility study, project feasibility studies, business plans, industry studies and economic conditions, analysis of internal capabilities, SWOT analysis draw from our expertise over the years. Our investment feasibility services and business plans delivered highlight the present and potential risk factors of the new business.

We offer unbiased investment and feasibility consulting services to clients who required results.

Our feasibility study offer you analysis of the practicability of a proposed idea. It evaluates the economic, environmental, technical and quality of life aspects of proposed business ideas. The Feasibility Study analyses potential solutions against a set of requirements, evaluates their ability to meet these objectives, describe a recommended solution, and offer a justification for this selection. It should address issues that could influence the success of a potential project and assess the advantages and disadvantages of each option so they can be ranked.

Feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of the existing business or proposed venture, opportunities and threats as presented by the environment, the resources required to carry through, and ultimately the prospects for success. As the professional business experts, we will carry out feasibility studies and help you to for your company success.

 

The users of Feasibility Study are:

Lenders, Investors, Bankers, Project Leader, Business Analyst, Configuration Manager, Development Manager, Project Manager, Technical Architect, IT Manager, System Administrator, Test Manager, Documentation Manager, Technical Writers, System Administrator.

Our experts provides end-to-end solution to startups and entrepreneurs, that requires comprehensive feasibility study of any project or venture. Our startup consulting services include:

Ideation
Market Analysis & Analysis
Industry Research
Opportunity Analysis & Development
Operational Research
Competitor Analysis Reports

Economic Feasibility: Cost/Benefits Analysis

Operational feasibility: Measure how well a proposed system solves the problems, and takes advantage of the opportunities identified during scope definition and how it satisfies the requirements identified in the requirements analysis phase of system development.

Our feasibility studies methodology requires us to make use of:

• Financial modeling
• Revenue projection
• Cost estimate
• Financial statement projection
• Financial statement analysis
• Capital budgeting
• Return analysis

We also offer and or recommend the following:

Industry Best Practices
Business Model Generation
Business Processes
Risks and Mitigation

Financial Budgeting & Financial Planning
Business Plan Implementation Roadmap

Business Planning

Startup Consulting

Feasibility Study

Investor Plan

Startup Funding

Investor Presentation

Business Plan Design

Business Plan Review

Feasibility Study and Business Plan

Typically outline of our feasibility studies and business plan include

Executive Summary

The executive summary: This provides an overview of the content contained in the feasibility study or business plan document. Please write section after the rest of the document is completed. It is high level summary of the detail contained within the rest of the document.

 

 

Description of the Project

The purpose of this section is to provide detailed descriptions of exactly what the organization is considering so this information can be applied to the following sections of the document. It is important that this description captures the most important aspects of the products and/or services that the organization is considering as well as how it may benefit customers and the organization.

Identification and exploration of business scenarios.

Identification of  alternative scenarios or business models of what the project will entail, how it will be organized, and how it will generate profits. Idea assessment or market assessment comes in handly.

Scenarios that don’t make sense are eliminated

Flesh-out the scenario(s) that appear to have potential for further exploration.

Define the project and alternative scenarios

Describe the type and quality of product(s) or service(s) to be marketed.

Outline the general business model (i.e. how the business will make money).

Include the technical processes including size, location, kind of inputs, etc.

Specify the time horizon from the time the project is initiated until it is up and running at capacity.

Relationship to the surrounding geographical area.

Outline the economic and social impact on local communities.

Describe the environmental impact on the surrounding area.

Market Feasibility

This can be based on a market assessment that you may have already completed.

Industry description

Description of the size and scope of the industry, market and/or market segment(s).

Estimate of the future direction of the industry, market and/or market segment(s) are included here.

Description of  the nature of the industry, market and/or market segment(s). Is it stable or going through rapid change and restructuring?

Identification of  the life-cycle of the industry, market and/or market segment(s). Is it emerging, growing, mature, declining?

Industry competitiveness

Describe the industry concentration. Are there just a few large producers or many small producers?

Describe the major competitors?  Will you compete directly against them?

Analyze the barriers to entry of new competitors into the market or industry. Can new competitive enter easily?

Analyze the concentration and competitiveness of input suppliers and product/service buyers.

Describe the price competitiveness of your product/service.

Market potential

Identify whether the product be sold into a commodity market or a differentiated product/service market.

Identify the demand and usage trends of the market or market segment in which the product or service will participate.

Examination of  the potential for emerging, niche or segmented market opportunities.

Exploration of  the opportunity and potential for a branded product.

Assessment of market usage and your potential share of the market or market segment.

Access to market outlets

Identification of  the potential buyers of the product/service and the associated marketing costs.

Investigation the product/service distribution system and the costs involved.

Sales projections

Estimation sales or usage.

Carefully identify and assess the accuracy of the underlying assumptions in the sales projection.

Project sales under various assumptions (i.e. selling prices, services provided, etc.).

Technical Feasibility

Facility needs.

Estimate the size and type of production facilities.

Investigate the need for related buildings, equipment, rolling-stock, etc.

Suitability of production technology

Investigate and compare technology providers.

Determine reliability and competitiveness of technology (proven or unproven, state-of-the-art, etc.).

Identify limitations or constraints of the technology.

Availability and suitability of site

Investigate access to: raw materials,transportation, labor,production inputs (electricity, natural gas, water, etc.)

Investigate potential emissions problems and other environmental issues.

Analysis of  other environmental impacts.

Identification regulatory requirements.

Exploration economic development incentives.

Raw materials

Estimation of  the amount of raw materials needed.

Investigation of  the current and future availability and access to raw materials.

Assessment of  the quality and cost of raw materials.

Other inputs

Investigation on  the availability of labor including wage rates, skill level, etc.

Assessment of  the potential to access and attract qualified management personnel.

Financial/Economic Feasibility

This section provides a description of the financial projections the new initiative is expected to yield versus additional costs. Projects/New Business, Net present value (NPV), cost-benefit calculations, and balance sheets .This section should also provide the assumptions on which the illustrated financial projections are based.

Estimate the total capital requirements

Assess the “seed capital” needs of the business project during the investigation process and start-up, and how these needs will be met.

Estimate capital requirements for facilities, equipment and inventories.

Estimate working capital needs.

Estimate start-up capital needs until revenues are realized at full capacity.

Estimate contingency capital needs due to construction delays, technology malfunction, market access delays, etc.

Estimate other capital needs.

Estimate equity and credit needs

Estimate equity needs.

Identify alternative equity sources and capital availability – family, producers, local investors, angle investors, venture capitalists, etc.

Estimate credit needs.

Identify and assess alternative credit sources – banks, government (i.e. direct loans or loan guarantees), grants and local and state economic development incentives.

Budget expected costs and returns of various alternatives

Estimate the expected revenue, costs, profit margin and expected net profit.

Estimate the sales or usage needed to break-even.

Estimate the returns under various production, price and sales levels. This may involve identifying “best case”, “typical”, and “worst case” scenarios or more sophisticated analysis like a Monte Carlo simulation.

Assess the reliability of the underlying assumptions of the analysis (prices, production, efficiencies, market access, market penetration, etc.)

Benchmark against industry averages and/or competitors (cost, margin, profits, ROI, etc.).

Identify limitations or constraints of the economic analysis.

Calculate expected cash flows during the start-up period and when the business reaches capacity.

Prepare pro forma income statement, balance sheet, and other statements of when the business is fully operating.

Organizational/Managerial Feasibility

Business structure

Identify the proposed legal structure of the business.

Outline the staffing and governance structure of the business along with lines of authority and decision making structure.

Identify any potential joint venture partners, alliances or other important stakeholders.

Identify the availability of skilled and experienced business managers.

Identify the availability of consultants and service providers with the skills needed to realize the project, including legal, accounting, industry experts, etc.

Business founders

Character matters – are the people involved of outstanding character?

Do the founders have the “fire in the belly” required to take the project to completion?

Do the founders have the skills and ability to complete the project?

What key individuals will lead the project?

Is there a reward system for the founders? Is it based on business performance?

Have the founders organized other successful businesses?

Study Conclusions

Identify and describe alternative business scenarios and models.

Compare and contrast scenarios based on goals of the producer group.

Outline criteria for decision making among alternatives.

Findings and Recommendations

This section should summarize the findings of the feasibility study or business plan and explain why this course of action is or is not recommended. This section may include a description of pros and cons for the initiative being considered. The likelihood of success for the business idea being studied.

Choosing the most viable business scenario or model, developing a business plan and proceeding with creating and operating a business.

Identifying additional scenarios for further study.

Deciding that a viable business opportunity is not available and moving to end the business investigation process.

Following another course of action.

 

To learn more about how we can help you, please contact us or Call/Whatsapp 08023200801