The Small Business Forum
The Feasibility Study (contd)
It aims to show that:
- The business idea is practical, lawful and is adequate with growth potential.
- The owners have the capacity to undertake the business.
- The business location is suitable for present operations and future growth.
- Required technology is proven, and skills available.
- The estimated cost and financing is well planned and sound.
- The market is accessible, and planned distribution channels strong.
- The projected profit and cash flow are, in the long run, positive and competitive.
People behind the business are important. Financing organisations do not finance business ideas; they finance individuals.
Comments, Questions and Suggestions welcome.
drkibuka@thesmallbusinessforum.co.ke
+254-729524219
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