Goldwin Associates' research and writing team is widely regarded as a world leader in the preparation of financial feasibility studies. Our team, which is made up of lifelong entrepreneurs, is dedicated to the success of our clients' goals. We have helped hundreds of businesses write their finance and economic feasibility reports, as well as vital studies for a company's initial launch. There is no aspect of the feasibility study process that our staff is not intimately familiar with, from real estate to high tech to economic development to refineries of all types. One of our strengths is the financial aspect of such studies.
A financial feasibility study, or FFS, should evaluate a project's viability based on a key component: will the project or business have enough cash to complete the project? (and generate a profit). One of a company's bottom lines is whether it can sustain itself, pay its employees, and, of course, make a profit. A financial analysis can aid in this evaluation. Consider the following elements:
➀ Company Expenses
➁ Revenues
➂ Assets
➃ Liabilities
➄ Cash flow (money in, and money out)
An economic or financial feasibility study is created for businesses that want to know how much capital they will need to start and complete a project. While a business plan may include a section called the "CBA," or cost-benefit-analysis, an economic feasibility study will go into greater detail and include more statistics and numbers in the financials.
There are numerous important factors that should be addressed in any feasibility study, and this is also true in financial or economic studies. A financial feasibility study can focus on a number of projects or developments, or it can concentrate on a single area or study. The basic minimum of any financial report (and business plan) in any finance study, particularly if one is seeking to raise capital from a bank or private backers, should be to cover the following:
◆ How much capital ones needs to begin the business
◆ How much capital ones needs to operate the business
◆ ROI or return on investment, i.e. when will investors see their money back with a return
Writing a financial feasibility study is good business practice, especially for companies that plan to raise millions of dollars and want to have the information they need to make an informed decision about the viability of a project. It's difficult to imagine a bank or investor putting money into a company that's raising tens of millions of dollars but doesn't have such a report. By creating a real estate financial study, or any product study, for example, you will be able to avoid potential pitfalls during development and save needed capital, as well as possibly discover new market opportunities.
The Advantages of Conducting a Feasibility Study:
◆ Prepares companies for up-to-date statistical information on any project, such as the market for products, real estate development, demographics, income streams, and so on.
◆ Creates an understanding of how much capital, if any, will be required for the project's launch and success. Again, this can apply to any industry, including high-tech, real estate, oil, and energy.
◆ It aids in strategy. Because the financing requirements are known, this can aid in strategizing next steps or gaining first mover advantage in new areas.
◆ Identifies potential areas for development.
◆ Instills trust in the management team because obtaining the numbers can strengthen a company's and its leadership's belief in the company's success.
◆ Feasibility studies provide management with intelligence and statistics.
A feasibility study is essentially written prior to the undertaking of a project for a simple reason: directors of companies and their investors want to ensure that any given project they plan on developing is actually "feasible," and the main point of writing such a report is to prepare a study demonstrating this feasibility (which of course will help save needed capital and time in the long run). A feasibility study contains vital information and data such as the funding required to complete the project, the market opportunity, government regulations, risk factors, strengths and weaknesses, the management team, and the company's financials. While a feasibility study may sound similar to a business plan, such reports are typically much longer and contain more market and financial information.
The Goldwin.associates team is well-known for its keen insights into any given market, as well as our candid assessment of a project's viability. We work one-on-one with our clients to ensure that each project is custom-tailored to the needs of the business.
Our team at Goldwin.associates has extensive experience writing feasibility studies all over the world. Here is a summary of our procedure. As an example, consider a real estate project. However, this can be used for more than just product launches in the real estate industry. Although some details are missing, the general idea can be conveyed as follows:
◆ Initial analysis of your project
◆ Recommendation on next course of action
◆ Undertake the project
◆ The preliminary analysis of the proposed development area, including preliminary demographics
◆ Conduct a product inspection or a review of real estate, land, or a site
◆ Costs for proposed products or real estate, construction, and development
◆ Demographic analysis of proposed product or area
◆ Product and neighborhood analysis
◆ Demographic comparison
◆ Municipal incentives
◆ National market overview
◆ Analysis of similar products or developments
◆ Regional market analysis
◆ Competitive market analysis
◆ Competitive advantages of project or location
◆ Disadvantages of project or location
◆ Projected overall market
◆ Pricing analysis
◆ Purchases or occupancy
◆ Interviews if needed
◆ Financial analysis
◆ Principals
◆ Advisors
◆ Third party team, i.e. law firm, accountant etc.
◆ Pro forma
◆ Balance sheet
◆ Income statement
◆ Profit and loss
◆ Based on our analysis and conclusions, we will make recommendations.
◆ We will then send the draft version of the feasibility study for review and comments once it is completed.
◆ We work on the project from start to finish.
Goldwin.associates is a one-stop shop for all of your feasibility study, prospectus, business plan, and offering document requirements. Thousands of projects have been completed by our team. We have set a high standard for feasibility study performance, taking into account time constraints and budgets. We take pride in providing superior service – not just on a local or national scale, but on a global scale – at a fraction of the cost and usually twice as fast as our competitors. By producing a market-driven, financially conscious feasibility study, we provide our clients with the tools they need to make an informed decision about the business opportunity at hand. Our company's primary goal is the success of our clients.
This site's content and information are subject to change without notice. Some content, such as service offerings, may be out of date. Goldwin.associates is not a broker-dealer. We do not sell or solicit any type of security. We have never been compensated in any way for securities sold in any capacity. Golwin.associates is not an attorney's office. For all legal advice and questions, seek the advice of an independent attorney.
For a copy of our Privacy Policy, please click here.
Address: Derech Menachem Begin
146
Po box 7187 Tel Aviv
Israel
© 2021 Goldwin Associates.
All Rights Reserved.