Launching business ventures or expanding current operations requires careful analysis, thorough understanding of the risks involved, and sound projections for growth, revenues, and ROIs. Guesswork and assumptions can be very costly! Avoid unnecessary risks and know exactly what you’re getting into. With IECON’s feasibility studies, you will remove all the unknowns and make a confident decision that’s based on – and empowered by knowledge.
We provide you with the assurance that the venture you are about to engage in has a market and is in demand, can sustain and grow, turn a profit, and does not pose unreasonable risks. Our feasibility studies include a thorough assessment of the market so you’ll know whether it’s saturated or not, and if so, who the dominant players are and why. And if the venture’s outlook is dim, we will tell you so honestly and provide you with alternative suggestions.
Knowing what you want to do, why, and whether there’s a market for it is only half the equation. To get the attention of investors, you definitely need to also have a solid idea about the “how" at this stage. Meaning how you will materialize your idea into a real business venture, and how you plan on operating and growing it. You won’t need a fully fledged business plan yet, but you have to present a solid case in regards how you plan on using the funds you are about to raise, so that it all end up as a successful and prosperous business venture.
Our feasibility plans will not only provide you with the assurance in that your planned project is financially viable, but equally important, they help you understand the legislative environment and provide you with a business model that is based on best practices. You will probably still need legal council to get setup and running, but the head-start we provide will serve as a clear blueprint so you can hit the ground running.
To support the private sector’s growth, several funding and supportive agencies are actively seeking entrepreneurs with great ideas. In fact, we receive quite a few comments about the lack of opportunities to invest in! They seek business concepts they can support not only technically, but actually by providing significant start-up capital. If you have an idea that you believe in and are passionate about, a feasibility study may be all that’s standing between you and your dream.