Various Types of Feasibility Study Reports
Feasibility Study Services, LLC.’s team can assist with any of the noted feasibility studies below. Each separate study has its own features but there are more similarities among them than there are differences.
4 Main Feasibility Studies
- Real Estate Feasibility – This is the most common feasibility study that we write. Real estate feasibility reports include such features as the land survey, building permits, zoning laws, impact on the surrounding environment and natural habits, traffic issues and general impact on businesses in the area as well as the overall market opportunity. Housing developments such as condos, single family homes and apartments, or larger projects such as hotels or buildings or sky scrapers often create real estate feasibility studies before land acquisition and development.
- Comprehensive Feasibility– A comprehensive feasibility study is an all-inclusive report that takes into consideration some of the most rational business practices one should implement before undertaking any project. The comprehensive feasibility includes data on land acquisitions and real estate issues, economic and cultural impact on the greater surrounding areas, and more. Such comprehensive studies can be found in our business plan features (if a client wants a very long and detailed analysis). The comprehensive feasibility study is also referenced in the real estate feasibility study (see above) and together with the real estate report is the most popular feasibility study we offer.
- Financial Economic Feasibility– An economic feasibility study is conducted when a company wants to know if the proposed amount of capital and financing is sufficient to complete a project successfully. While a business plan may have a section called the “CBA” or cost-benefit-analysis, in an economic feasibility study it will be greater in detail and have more statistics and numbers in the financials.
- Marketing Feasibility– The marketing feasibility studies the market impact and penetration, such as the demographics, target market, product testing and more. Prior to launching a project into the market, whether in a local, regional, national or global environment, a viable study on the market is imperative.
Additional Feasibility Studies
Our firm has also written and assisted with the following additional (not as popular) feasibility reports, including:
Technical Feasibility– If a company has the technological know-how and resources to achieve its goals.
Schedule Feasibility-Is there enough time and resources to complete the project on time?
Cultural Feasibility-Local and greater cultural and societal impact.
Legal and Ethical Feasibility– Are there ethical and legal implications of a project and if so what are they?
Resource Feasibility-What resources are needed and is that enough to complete the project successfully?
Operational Feasibility– can your firm solve difficulties and maximize potential opportunities during the development.
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