Armed with your project’s Concept Plan, Market
Study, and Design Program, it is time to undertake a Feasibility Study. The
Feasibility Study will be the first meaningful projection of:
the warranted investment for your project;
operating costs; and
the financial potential of your project.
Each of these is a key element when
preparing your business plan.
With all the creative, marketing, planning
and financial data now in hand, it is a good time for you to get
your financing in place, finish securing your site, and gain planning
permission and other necessary governmental approvals.