Feasibility Studies
Feasibility analyses are detailed studies consisting of processes such as site visits, field research, and reporting. Feasibility reports are comprehensive documents that are often needed in our daily lives. These reports are typically prepared at the stage of starting a business or investment, and it is expected that they are as detailed as possible.
The process of preparing these reports, which cover a wide range of industries and topics, varies depending on the client’s request and the extent of the report’s content. These reports are prepared by specialists in the finance and real estate sectors, such as economists, real estate appraisal experts, legal advisors, etc.
The report includes various technical methods, some of which are location analysis, market research, project and tangible asset valuation, best and most efficient use analysis, etc. Through these techniques, economic, financial, and technical research is conducted, and the results are presented in a numerical format to form the foundation of investment projects.
Reports generally begin with industry research related to the product and services being invested in, followed by the technological tools to be used and the necessary investment items. In the final stage, profitability-loss analyses are performed based on financial research. Once the report is completed, work begins based on the profitable investment method, and the process continues with the selected location and required budget.
The aim of preparing these reports is to provide the data related to whether the projected business, service, or project can establish itself in real life, the profit-loss balance, or which conditions and locations would yield more optimized results, and to develop a financial model by determining the possible income-expense table.
As the reports are prepared in great detail, they must go through certain stages and contain a general-to-specific explanation. However, an important point to remember when preparing reports is that the investor must understand the planned structure in detail. This way, the partnering firm can approach the project’s detailed costs, risk-sales potential, and customer potential more accurately.
For the reasons mentioned above, feasibility reports are of vital importance if you have a new business idea or if you want to evaluate a property or land you own in the most optimized and beneficial way, as they help establish a solid infrastructure and strategic planning.
