Alula Quality & Standardization Consultants

 

 

 

 

 

The economic feasibility study is the pre-investment stage. Therefore, it includes the necessary data to assess the feasibility of a project before its implementation. The pre-investment stage is followed by the investment stage, in which the project is established and the operation stage, in which the project is employed.
The feasibility study could be done for various reasons, some could be:
• To simulate an existing project. In this case we conduct a study to find out the feasibility of creating a similar project.
• To study an innovative project for a first-time good or service.
• To remedy defects in existing projects.
• To expand a current project.
This requires an approved feasibility study bureau that provides an excellent service, as it helps with obtaining an economic consultation that clearly evaluates the investment idea and achieves the requisite objectives.
Our specialized team is well-experienced in forming an analytical view of the investment idea. This makes it possible for the investor’s esteemed organization to achieve great financial profits. The feasibility study curated by our team serves as an indicator for the investor to make the decision on whether to execute the project or not.

Benefits the investor gains from feasibility studies:
• Risk assessment.
• Determining market share.
• Determining the total costs, pricing, and profits.
• Studying the project site.
• Studying the competitors.
• Studying target audience.

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