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Feasibility study ?
Anonymous
Jan 25
Feasibility study ?
Inter urban commuter Bajaj feasibility study
Mr. Chala had been overseas for 7 years. When he returned to his home town to live with his family, he decided it was time to go into business for him. His friends and relatives went into great detail about the problem they faced daily in their community, but when Chala looked around himself he saw opportunities everywhere. While away from his country he had studied small business management and felt confident he could be a successful entrepreneur in his own backyard.
Using the opportunity study techniques he had learned, he looked around for the most promising opportunities and finally decided on an inter-urban commuter Bajaj business. He figured that the route between Yetebaberut and Tiwan could bear at least one more entrepreneur.
The concept was pretty straightforward. His service would be targeted at the commuter, the person without a lot of baggage whose interest was speed, frequency and available space. He intended to keep his Bajaj constantly in motion-departing as soon as they are full.
After doing this initial assessment, he had tentatively decided to go ahead with his concept. But he was a long way from putting his or other people’s money on the table. His first task was to evaluate whether the risk involved was worth all the work. There was a great deal of information to research.
Instructions
Conduct a feasibility study and give advice for Mr. Chala whether to go ahead with this business or reject it
Add any other element or information you consider to be of a key importance to the preparation of a business plan.
Organize your research team to go and gather information.
Gather the information and prepare it in such a way as to present it to the class.
The information gathered and your presentation will be judged according to the following criteria;
Punctuality in submitting the report
Quality and relevance of the information
How is the information complete/scope
Precision and exactitude of the information
Usefulness of the information
Presentation of the information
Critical information for inter-urban commuter Bajaj business
Pick time in each day of the week in which number of customers become high
Expected number of people travel between the two stations daily
Percentage of travelers without baggage
Cost of used Bajaj
Cost of new Bajaj
Average repair and maintenance cost per year
Expense of trade license
Estimated expenses for tax; federal, regional (state), Bajaj association
Driver salary
Average fuel cost single travel between the two stations
Average estimated cost needed for spare parts, mirrors and etc.
Presence of access of loan for small transport business from banks, Micro finances
From where the finance /money can be acquired and in what form?
Mr. Chala had been overseas for 7 years. When he returned to his home town to live with his family, he decided it was time to go into business for him. His friends and relatives went into great detail about the problem they faced daily in their community, but when Chala looked around himself he saw opportunities everywhere. While away from his country he had studied small business management and felt confident he could be a successful entrepreneur in his own backyard.
Using the opportunity study techniques he had learned, he looked around for the most promising opportunities and finally decided on an inter-urban commuter Bajaj business. He figured that the route between Yetebaberut and Tiwan could bear at least one more entrepreneur.
The concept was pretty straightforward. His service would be targeted at the commuter, the person without a lot of baggage whose interest was speed, frequency and available space. He intended to keep his Bajaj constantly in motion-departing as soon as they are full.
After doing this initial assessment, he had tentatively decided to go ahead with his concept. But he was a long way from putting his or other people’s money on the table. His first task was to evaluate whether the risk involved was worth all the work. There was a great deal of information to research.
Instructions
Conduct a feasibility study and give advice for Mr. Chala whether to go ahead with this business or reject it
Add any other element or information you consider to be of a key importance to the preparation of a business plan.
Organize your research team to go and gather information.
Gather the information and prepare it in such a way as to present it to the class.
The information gathered and your presentation will be judged according to the following criteria;
Punctuality in submitting the report
Quality and relevance of the information
How is the information complete/scope
Precision and exactitude of the information
Usefulness of the information
Presentation of the information
Critical information for inter-urban commuter Bajaj business
Pick time in each day of the week in which number of customers become high
Expected number of people travel between the two stations daily
Percentage of travelers without baggage
Cost of used Bajaj
Cost of new Bajaj
Average repair and maintenance cost per year
Expense of trade license
Estimated expenses for tax; federal, regional (state), Bajaj association
Driver salary
Average fuel cost single travel between the two stations
Average estimated cost needed for spare parts, mirrors and etc.
Presence of access of loan for small transport business from banks, Micro finances
From where the finance /money can be acquired and in what form?
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ChatGPT
Jan 25
A feasibility study is an assessment of the practicality and viability of a proposed project or business idea. It is conducted to determine whether the project is technically, financially, and operationally feasible. The study helps stakeholders make informed decisions about whether to proceed with the project or not.
The main objectives of a feasibility study are:
1. Technical feasibility: This involves evaluating whether the project can be implemented using the available technology, resources, and expertise. It assesses the technical requirements, potential challenges, and risks associated with the project.
2. Financial feasibility: This involves analyzing the financial aspects of the project, including the estimated costs, potential revenue, and profitability. It assesses the financial viability and sustainability of the project, considering factors such as return on investment, payback period, and break-even analysis.
3. Operational feasibility: This involves evaluating whether the project can be effectively and efficiently implemented within the existing operational framework. It assesses the impact of the project on the organization's processes, resources, and personnel, and identifies any operational constraints or requirements.
4. Market feasibility: This involves analyzing the market demand, competition, and potential customers for the proposed product or service. It assesses the market size, growth potential, target market segments, and competitive advantage of the project.
5. Legal and regulatory feasibility: This involves assessing the legal and regulatory requirements and constraints that may affect the project. It ensures compliance with applicable laws, regulations, permits, licenses, and other legal obligations.
The feasibility study typically includes a detailed analysis of the project's objectives, scope, timeline, costs, risks, and benefits. It provides recommendations and conclusions based on the findings, helping stakeholders make informed decisions about the project's feasibility and potential success.
The main objectives of a feasibility study are:
1. Technical feasibility: This involves evaluating whether the project can be implemented using the available technology, resources, and expertise. It assesses the technical requirements, potential challenges, and risks associated with the project.
2. Financial feasibility: This involves analyzing the financial aspects of the project, including the estimated costs, potential revenue, and profitability. It assesses the financial viability and sustainability of the project, considering factors such as return on investment, payback period, and break-even analysis.
3. Operational feasibility: This involves evaluating whether the project can be effectively and efficiently implemented within the existing operational framework. It assesses the impact of the project on the organization's processes, resources, and personnel, and identifies any operational constraints or requirements.
4. Market feasibility: This involves analyzing the market demand, competition, and potential customers for the proposed product or service. It assesses the market size, growth potential, target market segments, and competitive advantage of the project.
5. Legal and regulatory feasibility: This involves assessing the legal and regulatory requirements and constraints that may affect the project. It ensures compliance with applicable laws, regulations, permits, licenses, and other legal obligations.
The feasibility study typically includes a detailed analysis of the project's objectives, scope, timeline, costs, risks, and benefits. It provides recommendations and conclusions based on the findings, helping stakeholders make informed decisions about the project's feasibility and potential success.
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