As the name suggests, a feasibility analysis is a systematic study to understand whether a specific project, venture, or approach is feasible. A feasibility study will provide you with the discipline and insight to ensure that your idea is worth pursuing. Furthermore, to finance the business, lending institutions and investors require a feasibility study. It is because an effective feasibility analysis evaluates the project’s potential for success. 

DNA Growth has a strong track record in delivering and assisting with feasibility studies. We can customize the feasibility analysis to meet your needs and advise you on funding and appraisals where required.

• A compelling feasibility study must be based on reality. So, we make sure that the analysis is not an abstract theory. We do primary and secondary market research to understand whether or not customers will buy, or if investors will invest.
• In addition to market analysis, financial assessment is also a critical component of the feasibility study. Without the financials, it is impossible to determine how feasible the business idea is. The financial assessment includes revenue and income projections for the first year, along with start-up costs, to determine how much funding your business will require.

• Feasibility analysis provides benchmarks for a project’s viability. 
• It helps you define your goals and will give you a clear understanding of the steps you need to take to achieve them. 
• Feasibility study gives you insightful market information about what a project needs to be sustainable. 
• It also helps you determine the costs that will be incurred to launch a project successfully.