Feasibility Study vs Business Plan (lets write one for you)

Feasibility Study vs Business Plan (lets write one for you) 

Feasibility Study vs Business Plan (lets write one for you)
Feasibility Study vs Business Plan (lets write one for you) – is a free article written for all to see. It breaks down Feasibility Study vs Business Plan for easy understanding for you and me. It brings several writers views on Feasibility Study vs Business Plan on any business venture. The actual aim is not to mix apple with oranges, rather to show a distinct features between a Feasibility Study and Business Plan in writing, presenting or defending. 

As a matter of direction, many authors has different views on the issue of Feasibility Study vs Business Plan with charming topics that prove them right, some of which are; 


Furthermore, Shahbaz Hayder has describe a feasibility study as a design to show if a business or project is “feasible” or not. Before anything is invested in a new business venture, a feasibility study is carried out to know if the business venture is worth the time, effort and resources. He further added that; a business plan is developed only after it has been established by the feasibility report that the business is worth investing. This simply means that a business plan is prepared after a feasibility study has been conducted. 

Actually, a feasibility study report is filled with calculations, analysis and estimated projections of a business opportunity and its viability for investment, while a business plan provides tactics and strategies to be implemented in other to start, run and grow the business successfully. 

From the above differentiation, several persons have agreed with him, but more persons have a different view about the topic. 

According to Vinod Jetley Assistant General Manager has defined a feasibility study, or business opportunity analysis, as a planning tool similar to a business plan. The feasibility study is done to flesh out the possibilities in an initial business idea. 

In like manner, Pravin Matey (Head after Service) Has Differentiated feasibility study & business plan as follows; 

A feasibility study is carried out with the aim of finding out the workability and profitability of a business venture. Before anything is invested in a new business venture, a feasibility study is carried out to know if the business venture is worth the time, effort and resources, while a business plan is developed only after it has been established that a business opportunity exist and the venture is about to commence. This simply means that a business plan is prepared after a feasibility study has been conducted. 

Similarly, a feasibility report is filled with calculations, analysis and estimated projections of a business opportunity, while a business plan is made up of mostly tactics and strategies to be implemented in other to start and grow the business. A feasibility study is all about business idea viability while a business plan deals with business growth plan and sustainability. 

Emphatically, a feasibility study report reveals the profit potential of a business idea or opportunity to the entrepreneur, while a business plan helps the entrepreneur raise the needed startup capital from investors. 

Ammar Shami MSc CSE CME PMP Strategy/ M&E Expert – has said that a Feasibility Study focus on all information to empower " investor " to decide to go to the Project or not based on the profitability of the project. The business plan is an extension of the feasibility study with details how the operation will be managed and financed. The business plan is simply a plan of how we will run our business after the investor already decided to go to the business operation of the project. 

Elie Saad - said that; a feasibility study is not the same thing as a business plan. A feasibility study, or business approach analysis, is a planning tool similar to a business plan. Hence, the feasibility study helps determine whether an idea or business is a viable option, a feasibility study is carried out to know if the business venture is worth the time, effort and resources. A feasibility study is filled with calculations, analysis and estimated projections while a business plan is made up of mostly tactics and strategies to be implemented in other to grow the business. 

Thus, the business plan is developed after the business opportunity is created. None the less the feasibility study would be completed prior to the business plan or any business venture. Thereafter, the business plan then fully describes the business and its financial projections. 

A feasibility study, or business opportunity analysis, is a planning tool similar to a business plan. The feasibility study is done to flesh out the possibilities in an initial business idea. The business plan then fully describes the business and its financial projections. 

EMPHASIS ON FEASIBILITY STUDY VS BUSINESS PLAN 

Feasibility studies answer the question, “Will this work?” A business plan answers the question, “How will this work?” 



TARGET AUDIENCE EMPHASIS ON FEASIBILITY STUDY VS BUSINESS PLAN 

Feasibility studies are for the entrepreneur's benefit, to determine whether it's worth proceeding with the business. Business plans are targeted at investors, lenders and future executives to explain how the business works. 

SECTIONS EMPHASIS ON FEASIBILITY STUDY VS BUSINESS PLAN 

Feasibility studies focus on the size of the potential market, availability and prices of suppliers and distributors, and the abilities of the entrepreneur. Business plans also include operations plans, marketing strategies, location, management team and in-depth financial projections. 

VERSIONS EMPHASIS ON FEASIBILITY STUDY VS BUSINESS PLAN 

Feasibility studies usually compare several possible scenarios for how a business might work. Business plans describe a specific business, but include different sections depending on which parts of the business are interesting to the audience. 

IMPORTANCE EMPHASIS ON FEASIBILITY STUDY VS BUSINESS PLAN 


  1. A business will probably fail if its feasibility study is done poorly the first time. Business plans, however, will go through many iterations and are designed to evolve to describe an ongoing business 
  2. Are you thinking of starting a business? What should you do first: create a business plan or undertake a feasibility study? What is the difference? 
  3. A feasibility study can help you see if it is possible to implement your business. It could help you take a step back and look objectively at the strengths, weaknesses, opportunities and threats of your proposed business venture. Will your idea work? Is it a sound concept? Is your idea viable or will it need a few changes before you invest time and money into this business? 
  4. Once you establish that your business idea is feasible, then you could proceed with a market research. Much of the information that you have gathered for the feasibility study could be used for this. The business plan provides detailed financial forecasts, marketing strategies and information on how you will start and grow your business. 
  5. As a matter of facts, A feasibility study helps determine if your business idea will work and the business plan makes sure other people understand your business' potential. 


YOUR FEASIBILITY STUDY CAN COVER THESE 3 AREAS: 


  • Market analysis 
  • Financial viability 
  • Operational issues 

CARRY OUT THIS; BEFORE STARTING YOUR BUSINESS AND ANALYSIS: 



  • What is the size of your market? 
  • What is the demand for your product or service? 
  • What type of customers would be willing to pay for this product or service and where will you find them? 
  • How much will your customers be willing to pay? 
  • Is your industry sector in a growth or decline period? 
  • Who are your competitors? 
  • Assess your financial viability: 
  • What are your profit projections? 
  • How much money will you need for start-up costs? Will you need to borrow money (and how's your credit rating)? 
  • How much will you need for working capital? 
  • What are your sales forecasts? 
  • Will you need a lawyer or an accountant? What are the costs for these services? 
  • Investigate operational issues: 
  • Who will be your suppliers? Where are they located? 
  • Will your business be bricks and mortar, online only or both? 
  • Will your space need repairs? 
  • What type of equipment will you need? 
  • What type of skills will your staff require and are there people with these skills in your region? 
  • Will you require any licences or permits?  

Why the worry, when Chris farm Nigeria specializes on such issues, Contact them today to fix that up for you.

On the issues of grant, and government financing issues, Chris Farm Nigeria has written several thousand business plans and feasibility reports for candidate who finally won the competitions and also got the fund on the long run.
Instant of going around, and putting yourself on the horns of dilemma, Specialist can help you do the job.




Catfish Production, Farming, Marketing, Business Plans and Feasibility Report

Engage CHRIS FARM NIGERIA to give you a professional business plans and a feasibility that will suit you demand today.


Chris Farm Nigeria develops well self-explanatory, irresistible feasibility studies or business plan for your Business start ups, Business Growth or Expansions through either personal funds, Grants, or loans, which could be new or existing ones. We delight in writing for people under Academic sectors, production sectors, manufacturing sectors, processing or packing sectors, advertising sectors, marketing sectors and other related sectors on mini, middle and large scale businesses.

For your Agribusiness, either production, processing, marketing of any Agro-industry, our feasibility studies or business plan are explicit.

Generally, our feasibility study and business plans are developed so well that it becomes irresistible when you show them to your investors or sponsors. It gives you a clear picture of what you are expected to see when you put the feasibility study or business plans into use. It also shows how much it will cost you to own your desired business, what your money can afford. The kinds of product you will need to minimize input in other to maximize output, and how much returns you will get at the end of each accounting year until your business break-even on its initial investment capital. This will give the intending business person or investor or farmer, a vivid idea on the possible benefit he or she stands to gain, when he or she starts doing the business. With that, the intending business person or investor or farmer will not need a soothsayer to make decision for him or her.


You can use this format in developing your own business Plans and feasibility Study 

OUR TABLE OF CONTENT INCLUDE;

  • SECTION I – EXECUTIVE SUMMARY
  • NAME OF BUSINESS / COMPANY
  • OFFICE & SITE LOCATION
  • MOTIVATION
  • MISSION STATEMENT
  • SOCIAL/ECONOMIC VALUE
  • PROJECT STATUS & START UP
  • WHY PREPARE THIS BUSINESS PLAN?
  • SECURITIES FOR THE PROPOSED LOAN
  • REPAYMENT
  • SECTION II – STUDY AREA
  • STUDY AREA
  • COMPANY OVERVIEW
  • MANAGEMENT TEAM
  • DEPARTMENTS IN THE COMPANY
  • EXPERIENCE
  • MANAGEMENT TEAM GAPS
  • SECTION III – INDUSTRY ANALYSIS
  • DEFINING YOUR INDUSTRY
  • YOUR INDUSTRY SIZE GROWTH RATE AND SALES PROJECTIONS
  • INDUSTRY STRUCTURE
  • MARKET OVERVIEW
  • MARKET SEGMENTATION
  • RELEVANT MARKET SIZE
  • KEY SUCCESS FACTORS
  • LONG TERM PROSPECTIVE
  • MARKET CHARACTERISTICS
  • SAMPLING TECHNIQUE
  • SECTION IV – CUSTOMER ANALYSIS
  • TARGET CUSTOMERS
  • CUSTOMER NEEDS
  • MARKET NEEDS / SOCIAL PROBLEMS AND SOLUTIONS
  • BUYERS BEHAVIOUR
  • MARKET SHARE
  • SALES FORECASTING
  • SECTION V – COMPETITIVE ANALYSIS
  • DIRECT COMPETITORS
  • COMPETITIVE ADVANTAGES
  • SECTION VI – MARKETING PLAN
  • PRODUCTS & SERVICES
  • FINISHED PRODUCTS
  • PRODUCT QUALITY AND PRODUCTION QUANTITY
  • PRODUCTION CAPACITY
  • PRICING
  • PROMOTIONS PLAN
  • DISTRIBUTION PLAN
  • SECTION VII – OPERATIONS PLAN
  • GENERAL APPROACH TO PRODUCTION
  • TECHNICAL ANALYSIS / PRODUCTION PROCESS
  • EQUIPMENT
  • PACKAGING REQUIREMENTS
  • SECTION VIII – FINANCIAL PLAN
  • REVENUE MODEL
  • FINANCIAL ANALYSIS
  • FINANCIAL ASSUMPTIONS
  • FINANCE CHARGES
  • FINANCIAL PROJECTIONS
  • FUNDING REQUIREMENTS/USE OF FUNDS
  • CRITICAL ASSUMPTIONS



  • FINANCIAL MODELS
  • SUMMARY OF PROJECT COST
  • BUDGET OF FIXED ASSETS / CAPITAL EXPENSES / INVESTMENTS
  • DEPRECIATION
  • UTILITIES
  • OPERATING EXPENSES (OPEX)
  • TOTAL REQUIRED INVESTMENT OUTLAY (REQUIRED START-UP CAPITAL)
  • FINANCING PLAN
  • INSTALLED / AVAILABLE EQUIPMENT
  • BREAK-EVEN ANALYSIS
  • LOAN REPAYMENT SCHEDULE AND INTEREST PAID
  • FORECAST OF PROFIT AND LOSS
  • CASH FLOW
  • BALANCE SHEET
  • GENERAL ASSUMPTIONS (BREAK EVEN ANALYSIS)
  • BUSINESS RATIOS - PROFITABILITY ANALYSIS
  • CONCLUSION
  • SECTION 3 – APPENDIX

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·         NOTE; According to our policy, we are not “allowed / permitted” to disclose peoples business or written feasibility study, “to anyone”, irrespective of their personality.

·        BUT, WE are permitted to display only executive summary.
·         This is just a sample of our executive summary on poultry feasibility study and business plan, carried out in Rivers State. 

·         1st sample;

These Feasibility study on poultry farming business (specializing on layers and boilers production), was conducted using projections, impressive publications, compounding interest/values, tables, graph, bar chart, pie chart, profits analysis and cash flow positions in other to give a clear picture of what is obtainable in that location, using eight plots of land, at Esemdiary village, Off Effurun Sapele Road, Okpe LGA of Delta state, Nigeria as a case study. 


Esemdiary village is a community in Okpe Local Government Area of Delta State with coordinates 05°26’N 5°57’E, which also plays the host community to the Warri Airport, which is actually located at Osubi. 


Okpe Local Government is a territory that used to be part of the original Okpe Kingdom, its headquarters is at Orerokpe, with a population of 128,398 people whose primary occupations include commercial farming, fishing, hunting, trading and gas exploration. 


After carrying out the feasibility study on Esemdiary village, Off Effurun-Sapele Road, Okpe LGA of Delta state, Nigeria, it was discovered that, farming generally will do well both on crop and animal production.

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Get in touch with us today on our phone numbers or send us an email. We await your response……………………….

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  • We provide feasibility study/business plan for new and existing businesses
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