The document discusses feasibility analysis, which evaluates the viability of a business idea. It covers four components of feasibility analysis: product/service analysis, industry/market analysis, organizational analysis, and financial analysis. For product/service analysis, it is important to assess the desirability of the product or service through customer feedback and demand through customer interviews, online tools, and research. Industry/market analysis involves evaluating the attractiveness of the target industry and market.
Feasibility Analysis
Feasibility analysis is the process of determining whether a business idea is viable.
It is the preliminary evaluation of a business idea, conducted for the purpose of determining whether the idea is worth pursuing.
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.
Comprehensive Feasibility Analysis, Product/Service Desirability
Feasibility Analysis
Feasibility analysis is the process of determining whether a business idea is viable.
It is the preliminary evaluation of a business idea, conducted for the purpose of determining whether the idea is worth pursuing.
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.
Comprehensive Feasibility Analysis, Product/Service Desirability
Introduction to Entrepreneurship by (Bruce R. Barringer R. Duane Ireland)iqra ishfaq
Introduction to Entrepreneurship by
Bruce R. Barringer
R. Duane Ireland
this chapter is about common myts, characteristics, interest, and types of entrepreneur.
Entrepreneur
includes
Definition of Entrepreneur
Internal & External Factors
Functions
Entrepreneurial Motivation & Barriers
Classification
Theories
Concept
Development of Entrepreneurship
Culture
Stages in entrepreneurial process
THE ENTREPRENEURIAL AND INTRAPRENEURIAL MINDFallahchay Ali
This is second chapter of Entrepreneurship and Business Planning.
The contents discusses in this chapter are as follow:
1. THE ENTREPRENEURIAL PROCESS
2. Aspects of Entrepreneurial process
3. Managerial Vs. Entrepreneurial decision making
4. CAUSES FOR INTEREST IN INTRAPRENEURIALSHIP
5. Corporate Vs. Intrapreneurial Culture
6. Climate for Intrapreneurship
7. Intrapreneurial Leadership Characteristics
8. Establishing Intrapreneurship in the Organization
I hope readers find this paper useful and enjoy from reading it.
Thank you
Introduction to entreprenershipunit i to vanandmohandass
Introduction, Meaning Characteristics, Factors, Functions, Types, Challenges, Women Entrepreneurship, MSMEs, Business Plan & Model, Feasibility analysis, etc..
Introduction to Entrepreneurship by (Bruce R. Barringer R. Duane Ireland)iqra ishfaq
Introduction to Entrepreneurship by
Bruce R. Barringer
R. Duane Ireland
this chapter is about common myts, characteristics, interest, and types of entrepreneur.
Entrepreneur
includes
Definition of Entrepreneur
Internal & External Factors
Functions
Entrepreneurial Motivation & Barriers
Classification
Theories
Concept
Development of Entrepreneurship
Culture
Stages in entrepreneurial process
THE ENTREPRENEURIAL AND INTRAPRENEURIAL MINDFallahchay Ali
This is second chapter of Entrepreneurship and Business Planning.
The contents discusses in this chapter are as follow:
1. THE ENTREPRENEURIAL PROCESS
2. Aspects of Entrepreneurial process
3. Managerial Vs. Entrepreneurial decision making
4. CAUSES FOR INTEREST IN INTRAPRENEURIALSHIP
5. Corporate Vs. Intrapreneurial Culture
6. Climate for Intrapreneurship
7. Intrapreneurial Leadership Characteristics
8. Establishing Intrapreneurship in the Organization
I hope readers find this paper useful and enjoy from reading it.
Thank you
Introduction to entreprenershipunit i to vanandmohandass
Introduction, Meaning Characteristics, Factors, Functions, Types, Challenges, Women Entrepreneurship, MSMEs, Business Plan & Model, Feasibility analysis, etc..
Startup Feasibility Analysis is about checking the different aspects of a startup whether or not the idea will make into a viable business.
It is important to conduct feasibility analysis before investing any money in the idea. The four aspects of feasibility that are important are; Product Feasibility, Industry/Target Market Feasibility, Organizational Feasibility and Financial Feasibility.
Each aspect has been explained in detail with relevant examples.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
2. Learning Objectives (1 of 2)
3.1 Explain what a feasibility analysis is and why it’s
important.
3.2 Describe a product/service feasibility analysis, explain
its purpose, and discuss the two primary issues that a
proposed business should consider in this area.
3.3 Describe an industry/market feasibility analysis,
explain its purpose, and discuss the two primary
issues to consider when completing this analysis.
1
3. Learning Objectives (2 of 2)
3.4 Explain what an organizational feasibility analysis is
and its purpose and discuss the two primary issues to
consider when completing this analysis.
3.5 Describe what a financial feasibility analysis is, explain
its importance, and discuss the most critical issues to
consider when completing this analysis.
3.6 Describe a feasibility analysis template and explain
when it is important for entrepreneurs to use this
template.
2
4. What Is Feasibility Analysis?
Feasibility Analysis
• Feasibility analysis is the process of determining
whether a business idea is viable.
• It is the preliminary evaluation of a business idea,
conducted for the purpose of determining whether
the idea is worth pursuing.
3
5. When to Conduct a Feasibility Analysis
• Timing of Feasibility Analysis
– The proper time to conduct a
feasibility analysis is early in
thinking through the prospects
for a new business.
– The thought is to screen ideas
before a lot of resources are
spent on them.
• Components of a Properly Conducted Feasibility
Analysis
– A properly conducted feasibility analysis
includes four separate components, as
discussed in the following slides. 4
8. Forms of Feasibility Analysis
• Product/Service Feasibility
• Industry/Target Market Feasibility
• Organizational Feasibility
• Financial Feasibility
7
9. Outline for a Comprehensive Feasibility
Analysis
Table 3.1 Feasibility Analysis
Part 1: Product/Service Feasibility
A. Product/service desirability
B. Product/service demand
Part 2: Industry/Target Market Feasibility
A. Industry attractiveness
B. Target market attractiveness
Part 3: Organizational Feasibility
A. Management prowess
B. Resource sufficiency
Part 4: Financial Feasibility
A. Total start-up cash needed
B. Financial performance of similar businesses
C. Overall financial attractiveness of the proposed venture
Overall Assessment
8
10. Product/Service Feasibility Analysis (1 of 2)
Purpose
• Is an assessment of the overall appeal of the product
or service being proposed.
• Before a prospective firm rushes a new product or
service into development, it should be sure that the
product or service is what prospective customers want.
9
11. Product/Service Feasibility Analysis (2 of 2)
Components of product/service feasibility analysis
• Product/Service Desirability
• Product/Service Demand
10
12. Product/Service Desirability (1 of 3)
First, ask the following questions to determine the basic
appeal of the product or service.
• Does it make sense? Is it reasonable? Is it something
consumers will get excited about?
• Does it take advantage of an environmental trend, solve a
problem, or take advantage of a gap in the marketplace?
• Is this a good time to introduce the product or service to
the market?
• Are there any fatal flaws in the product or service’s basic
design or concept?
11
13. Product/Service Desirability (2 of 3)
• Second, Administer a Concept Test
– A concept statement should be developed.
– A concept statement is a one-page description of a
product or service idea that is distributed to people who
are asked to provide feedback on the potential of the
idea.
– The feedback will hopefully provide the entrepreneur:
A sense of the viability of the product or service
idea.
Suggestions for how the idea can be strengthened
or “tweaked” before proceeding further.
12
15. Product/Service Demand (1 of 10)
• There are three steps to assessing product/service
demand.
• Step 1: Talking Face-to-Face with Potential Customers
• Step 2: Using Online Tools
• Step 3: Library, Internet and Gumshoe Research
14
16. Product/Service Demand (2 of 10)
• Step 1: Talking Face-to-Face with Potential Customers
– The only way to know if your product or service is what
people want is by talking to them.
– The idea is to gauge customer reaction to the general
concept of what you want to sell, and then tweak,
revise, and improve on the idea based on the feedback.
15
17. Product/Service Demand (2 of 10)
• Step 1: Talking Face-to-Face with Potential Customers
– In some cases, talking with potential customers will
cause an entrepreneur to abandon an idea.
Entrepreneurs are often surprised to find that a
product idea they think solves a problem gets
lukewarm reception when they talk to actual
customers.
16
18. Product/Service Demand (3 of 10)
• Step 2: Utilizing Online Tools
– The second way to assess demand is to utilize online tools
to gauge reaction from potential customers.
– Online tools include the following:
Administrating surveys
Querying Q&A sites
Utilizing Google Trends
Purchasing Google AdWords
to direct users to landing pages
to see how many people
request additional information.
17
19. Product/Service Demand (4 of 10)
• Surveys and Q&A Sites
– Surveys can be generated and easily administered via web
sites like Survey Monkey.
Surveys are most effective in validating what you’ve
learned from face-to-face interviews rather than
collecting initial data.
18
20. Product/Service Demand (4 of 10)
• Surveys and Q&A Sites
– Q&A Sites, such as Quora and Bright Journey, can be
helpful in assessing product demand.
You might pose a question on a Q&A site such as “Does
Chicago need better food delivery services?” The
responses may provide insight about demand for food
delivery services in Chicago.
19
21. Product/Service Demand (5 of 10)
• Google Trends
– Allows you to enter a search term (such as skiing or
running) to see if the term is trending upwards or
downwards in Google search queries.
– An upward trajectory may indicate strong consumer
interest, while a downward trajectory may indicate that
consumer interest is waning.
20
22. Product/Service Demand (6 of 10)
• Google AdWords Coupled With Landing Pages
– Some entrepreneurs buy text ads on search engines that show up
when a user is searching for a product that is close to their idea.
– If the searcher clicks on the text ad, they are taken to a landing page
that describes the idea.
– There may be a link on the landing page that says “For future
updates please enter your e-mail address.” Demand for the idea can
be assessed by how many people click on the text ad and enter their
e-mail address.
21
23. Product/Service Demand (7 of 10)
• Step 3: Library, Internet and Gumshoe Research
– The third way to assess the demand for a product or
service idea is to conduct library, Internet, and gumshoe
research.
22
24. Product/Service Demand (8 of 10)
• Library Research
– Library research provides access to archival data, which
can provide useful information.
– For example, if one were thinking about starting a
company to sell educational toys, archival research may
answer question such as:
What is the trajectory of the toy industry?
What do industry experts say are the most important
factors that parents consider when buying toys?
Is there a trade association for the makers of
educational toys that can provide additional
information?
23
25. Product/Service Demand (9 of 10)
• Internet Research
– The Internet Resource Table in Appendix 3.3 provides
specific recommendations of online resources to utilize.
For example, IBISWorld, which is available for free
through most university libraries, provides current
industry reports on hundreds of industries.
– More general Internet research is also helpful.
Simply typing a query into Google such as “market
demand for educational toys” will often produce helpful
articles and industry reports.
24
26. Product/Service Demand (10 of 10)
• Gumshoe Research
– Simple gumshoe research is also important for gaining a
sense of the likely demand for a product or service idea.
– A gumshoe is a detective or an investigator that scrounges
around for information or clues wherever they can be
found.
– Don’t be bashful. Ask people what they think about your
product or service idea. If your idea is to sell educational
toys, spend a week volunteering at a day care center and
watch how children interact with toys. Take the owner of a
toy store to lunch and discuss your ideas.
25
27. Industry/Target Market Feasibility
Analysis (1 of 2)
Purpose
• Is an assessment of the overall appeal of the industry and
the target market for the proposed business.
• An industry is a group of firms producing a similar product
or service.
• A firm’s target market is the limited portion of the industry
it plans to go after.
26
29. Industry Attractiveness (1 of 2)
• Industries vary in terms of their overall attractiveness.
• In general, the most attractive industries have the
characteristics depicted on the next slide.
• Particularly important—the degree to which environmental
and business trends are moving in favor rather than
against the industry.
28
30. Industry Attractiveness (2 of 2)
Characteristics of Attractive Industries
• Are young rather than old.
• Are early rather than late in their life cycle.
• Are fragmented rather than concentrated.
• Are growing rather than shrinking.
• Are selling products and services that customers “must have”
rather than “want to have.”
• Are not crowded.
• Have high rather than low operating margins.
• Are not highly dependent on the historically low price of a key
raw material, like gasoline or flour, to remain profitable
29
31. Target Market Attractiveness
• The challenge in identifying an attractive target market is to find a
market that’s large enough for the proposed business but is yet small
enough to avoid attracting larger competitors.
• Assessing the attractiveness of a target market is tougher than
assessing the attractiveness of an entire industry.
• Often, considerable ingenuity must be employed to find information to
assess the attractiveness of a specific target market.
30
32. Organizational Feasibility Analysis (1 of 2)
Purpose
• Is conducted to determine whether a proposed business
has sufficient management expertise, organizational
competence, and resources to successfully launch a
business.
• Focuses on non-financial resources (financial resources
are considered later)
31
33. Organizational Feasibility Analysis (2 of 2)
Components of organizational feasibility analysis
• Management Prowess
• Resource Sufficiency
32
34. Management Prowess
• A proposed business should candidly
evaluate the prowess, or ability, of its
management team to satisfy itself that
management has the requisite
passion and expertise to launch the
venture.
• Two of the most important factors in
this area are:
‒ The passion that the sole
entrepreneur or the founding
team has for the business idea.
‒ The extent to which the sole
entrepreneur or the founding
team understands the markets in
which the firm will participate.
33
35. Resource Sufficiency (1 of 2)
• This topic pertains to an assessment of whether an entrepreneur has
sufficient resources to launch the proposed venture.
• To test resource sufficiency, a firm should list the 6 to 12 most critical
nonfinancial resources that will be needed to move the business idea
forward successfully.
‒ If critical resources are not available in certain areas, it may be
impractical to proceed with the business idea.
34
36. Resource Sufficiency (2 of 2)
Examples of nonfinancial resources that may be critical to
the successful launch of a new business
• Affordable office space.
• Lab space, manufacturing space, or space to launch a
service business.
• Availability of contract manufacturers or service providers.
• Key management employees (now and in the future).
• Key support personnel (now and in the future).
• Ability to obtain intellectual property protection.
• Ability to form favorable business partnerships.
35
37. Financial Feasibility Analysis (1 of 2)
Purpose
• Is the final component of a comprehensive feasibility
analysis.
• A preliminary financial assessment is sufficient.
36
38. Financial Feasibility Analysis (2 of 2)
Components of financial feasibility analysis
• Total Start-Up Cash Needed
• Financial Performance of Similar Businesses
• Overall Financial Attractiveness of the Proposed Venture
37
39. Total Start-Up Cash Needed
• The first issue refers to the total cash needed to prepare
the business to make its first sale.
• An actual budget should be prepared that lists all the
anticipated capital purchases and operating expenses
needed to generate the first $1 in revenues.
• The point of this exercise is to determine if the proposed
venture is realistic given the total start-up cash needed.
38
40. Financial Performance of Similar
Businesses
• Estimate the proposed start-up’s financial performance by
comparing it to similar, already established businesses.
• There are several ways to doing this, all of which involve a
little ethical detective work.
‒ First, there are many reports available, some for free and
some that require a fee, offering detailed industry trend
analysis and reports on thousands of individual firms.
‒ Second, simple observational research may be needed.
For example, the owners of New Venture Fitness Drinks
could estimate their sales by tracking the number of
people who patronize similar restaurants and estimating
the average amount each customer spends.
39
41. Overall Financial Attractiveness of
the Proposed Venture (1 of 2)
• Overall Financial Attractiveness of the Proposed
Investment
– A number of other financial factors are associated with
promising business start-ups.
– In the feasibility analysis stage, the extent to which a
business opportunity is positive relative to each factor
is based on an estimate rather than actual
performance.
– The information on the next slide lists the factors that
pertain to the overall attractiveness of the financial
feasibility of the business idea.
40
42. Overall Financial Attractiveness of
the Proposed Venture (2 of 2)
Financial Factors Associated With Promising Business
Opportunities
• Steady and rapid growth in sales during the first 5 to 7
years in a clearly defined market niche.
• High percentage of recurring revenue—meaning that once
a firm wins a client, the client will provide recurring sources
of revenue.
41
43. Overall Financial Attractiveness of
the Proposed Venture (2 of 2)
Financial Factors Associated With Promising Business
Opportunities
• income and expenses with a reasonable degree of
certainty.
• Internally generated funds to finance and sustain growth.
• Availability of an exit opportunity for investors to convert
equity to cash.
42
44. A Feasibility Analysis Template
• First Screen, shown in Appendix 3.2, is a template for
completing a feasibility analysis.
• If a business idea cuts muster at this stage, the next step
is to complete a business plan.
43