The Small Business Forum

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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