Feasibility Studies
A detailed, data-driven evaluation of your vision, and the foundation of any successful project.
Most funders require a third-party feasibility study as a prerequisite for investment in a project, making it a critical first step and the backbone of every project we take on.
A feasibility study is an assessment to help determine the viability of a project by identifying the factors that can lead to its success. The study also shows the potential return on investment and any risks to the success of the venture. This is why funders require it, and why serious owners and teams don’t make any big decisions without it.
Determine the viability of your project and proceed with exactly what you need to secure your funding.
To ensure that you have the information needed to determine the viability of the project, obtain funding, design and program the proposed facility, we will utilize our customized data analytics process and unique subject-matter expertise. The result will be a custom Feasibility Study outlining project parameters and key data needed for all stakeholders.
✓ Conduct market and industry research
✓ Identify market and market segment trends using the most current available data and sources
✓ Analyze the competition relevant to the project and others to determine market based analysis
✓ Determine potential alignment with national governing bodies
✓ Collect additional data through interviews (as needed) to understand the market and activity within the industry
✓ Complete an economic impact analysis
✓ Utilize our in-house expertise to develop a project roadmap, including options for phasing as appropriate
✓ Develop detailed financial pro forma and other relevant financial information
Your final feasibility study includes:
✓ Executive summary
✓ Market and competition analysis
✓ Economic impact analysis
✓ Management plan
✓ Programming recommendations
✓ Capital cost overview
✓ Financial pro forma
✓ Other relevant factors