Framework Of Feasibility Study

a. General Model

0. General description of the business
1. Legal aspects (to be in line with the law and regulation)
2. Social aspects (to be in line with the social environment)
3. Management aspects (capability of the owner and top managers and general methods of managing the business project)
4. Technical aspects (timing, location, capacity, tools, production methods, technology, input, employees, etc.)
5. Market aspects (market structure, competitors, market target, market share, advertisement, projected sales)
6. Financial aspects (funding, fund allocation, projected balance sheet + income statement + cash flow, Net Present Value, IRR, BCR, etc)
7 General Conclusion

b. Arkansas Small-Business Model

Step 1. Identify your personal objectives
Step 2. Identify your personal skills and experience
Step 3. Indentify your personal financial resources
Step 4. Describe your product or service
Step 5. Describe your customer
Step 6. Describe your competition
Step 7. Describe your sales and distribution process
Step 8. Describe your management requirements
Step 9. Develop your sales forecast
Step 10. Identify your start-up expenses
Step 11. Estimate your 12-month operating budget
Step 12. Evaluate Business Feasibility

c. Alan Thompson Model

1. Executive summary
2. Product of service
3. Technology
4. Market environment
5. Competition
6. Industry
7. Business model
8. Marketing and sales strategy
9. Production requirements
10. Management and personnel
11. Intellectual property
12. Regulation / environmental issues
13. Critical risk factors
14. Timing considerations
15. Financial projections
16. Capital requirements and strategy
17. Final recommendation