In recent years, there has been an increase in the number of households that have pets, especially dogs and cats. Further, there is emerging a steadily growing group of pet owners that is willing to purchase upscale, unique products for these important members of their family. Pet Élan is an upscale boutique for these discriminating pet owners. Pet Élan will offer highquality pet products to discerning individuals who wish their pets to enjoy a healthy, fun, and elegant lifestyle while being pampered. By carefully selecting luxurious accessories made with superior materials, Pet Élan will provide an elite product line that celebrates the uniqueness of each animal’s personality.…
Feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of an 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. In simple terms, a feasibility study is a proposal to determine whether a project is viable or feasible from both the business and technical point of view. Procedures of a feasibility study should include :…
The Feasibility study is an analysis of possible alternative solutions to a problem and a recommendation on the best alternative. It can decide whether a process be carried out by a new system more efficiently than the existing one.…
Feasibility is simply weather or not something can be done. The four tests are: operational feasibility: is the proposal desirable from an operational point of view. technical feasibility: are the necessary resources available to do the project. economic feasibility: what will the project cost, will it be acceptable from a financial point of view. schedule feasibility: is there adequate time to do the work.…
–Feasibility analysis takes the guesswork (to a certain degree) out of a business launch, and provides an entrepreneur with a more secure notion that a business idea is feasible or viable.…
All feasibility studies should look at how things work, if they will work, and identify potential problems. Feasibility studies are done on ideas, campaigns, products, processes, and entire businesses.…
Feasibility study is an analysis undertaken to determine whether or not a systems request is worthy of further consideration. The feasibility study helps to “frame” and “flesh-out” the systems specifically so they can be studied in-depth. The general objective of the feasibility study is to answer overall questions concerning technical, operational, economic and schedule feasibility.…
A feasibility study needs to be authentic and thorough. It is the basis for government making an important investment decision, not just a bureaucratic requirement. Regardless of the term and scale of a project, there is a great deal at stake when the procurement choice is made, and long-term implications.…
This chapter discusses the Background of the Study, Objectives of the project, Specific concept of the study.…
A feasibility study, or business opportunity analysis, is a planning tool similar to a business plan. The feasibility study is done to flesh out the possibilities in an initial business idea. The business plan then fully describes the business and its financial projections.…
Conducting a Feasibility Study has a lot of advantages. One of these is that an entrepreneur would be able to weigh the pros and cons of the project he or she would like to venture. It would also offer alternatives on what to adopt. A feasibility…
Feasibility studies are useful when starting a new business or identifying a new opportunity for an existing business. Ideally, the feasibility study process involves making rational decisions about a number of enduring characteristics of a project, including:…
A feasibility study is a formalized, written approach to evaluating your idea and can help you identify:…
A Feasibility Study (FS) is a method of operation employed to precisely describe what a project is and what strategic issue need to be considered to assess the probability of gaining success. The following are the different types of FS: technical, economic, cultural, legal/ethical, resource, operational, marketing, real estate, and comprehensive feasibility. FS are done by companies whenever there is a new project to deal with. It is also used as a basis for an investment decision, whether to pursue or not on a particular project or business, or to make sure that there will be a return on investment (ROI).…
* To know if the product will satisfy the consumers and to identify the weaknesses and strength of the product to improve its quality .This study will give data and ideas about the target customers and target location. It will also guide us in order to make the target business successful.…