_IMPORTANT NOTICE_
The format or contents of a feasibility study differ from one school to another, but the concepts are usually the same.
*Some schools do not require the inclusion of this chapter in a feasibility study.
Summary of Findings
This section should synthesize the five aspects of your study (marketing, management, technical, financial, and socio-economic) to demonstrate the overall viability of your proposed product or service.
Begin with a concise summary that captures the essence of your business plan. Ensure your summary highlights key insights and findings that support your business idea.
Conclusions
This section should address the statement of the problem presented in your study.
This part must provide clear answers related to:
- Marketing: How effective are your marketing strategies?
- Management: What management practices are necessary for success?
- Technical: Are the technical aspects feasible and sustainable?
- Financial: Is the financial projection realistic and promising?
- Socio-Economic: What social impacts does your business aim to achieve?
Recommendations
This section outlines the suggestions and recommendations for future researchers or students looking to explore the viability of similar business undertakings. These could involve:
- Suggested research areas for deeper analysis.
- Tips on best practices in the industry.
- Insights on potential challenges and how to overcome them.
Need help with your feasibility study?
Contact Feasib Accountant to help you with your feasibility study, especially on the financial aspect of your research.
