assessing project feasibility

Assessing Project Feasibility

Passion


Skill


Demand


Skill

Demand

Passion


Skill

Demand

Passion

A Winner!


Why?• Objectives

Description• Physical• Value Proposition

SWOT• Strengths• Weaknesses• Opportunities• Threats

Overview 1 of 3


Market Demand Assessment

• Current• Forecast

Assessment Data

• Desktop Research• Market Scoping• Industry Insight• Market Testing

Overview 2 of 3


Financial Model

• Project Budget• P & L• Cashflow• Breakeven

• Balance Sheet

Overview 3 of 3


Why?

Objectives• What are

you trying to achieve?

• Values?

Exit Strategy?


Description

• Physical

• Value Proposition• What’s In It For Me (The Consumer)?


SWOT

• Strengths• Weaknesses• Opportunities• Threats


Market Demand Assessment

• Current• Forecast


Assessment Data

• Desktop Research• Market Scoping• Industry Insight• Market Testing


Financial Model

• Project Budget• P & L• Cashflow• Breakeven• Balance Sheet


Financial Model

A business creates value for its owner in 2 ways:

• Cashflow – income stream• When it is sold – realization of asset value


Financial Model

Be clear how important each component is to you.

• Cashcow – strong cashflow, low sale value. E.g. doctor’s surgery.

• Gold nugget – modest cashflow, high ‘goodwill’, strong asset base (bricks and mortar). E.g. factory, guesthouse.


ConclusionTrust the numbers.

Consider the alternatives.

Have an exit strategy.

Think long term.

Have fun!

Assessing Project FeasibilityNext Steps

If you would like to learn more about this or any other business-related topic, please contact Richard

via email [email protected], call 0427 27 27 54 or visit www.mybusinessbydesign.net

mailto:[email protected]

http://www.mybusinessbydesign.net/


www.mybusinessbydesign.net

http://www.mybusinessbydesign.net/

assessing project feasibility

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