Financial & Business Feasibility Analysis

Financial & Business Feasibility Analysis

Before investing precious time, money and human resources into expanding, acquiring or starting any business it's important to make certain you are on the right track.  A feasibility analysis is not an inclusive study of the anticipated business – but rather a preview and preliminary assessment of the business idea.  It will assist you in gauging whether or not the business idea is viable from a financial and organizational perspective and it will help you to decide whether or not to move forward and develop a complete business plan.

In performing feasibility analysis of your business concept, New England Small Business Consultants will:

  • Evaluate whether you and your management team possess the skill sets and characteristics most critical to entrepreneurial success.
  • Assess the market for your new business idea.
  • Estimate the basic financial feasibility of your business, including potential sales revenues, fixed and variable costs, and break-even figures.
  • Identify the pitfalls many new small businesses encounter and provide our recommendations on how to avoid or mitigate them.
  • Help you to make an informed decision choice about whether or not your idea is still attractive and practical.
  • Contact us today... Our initial consultation is FREE!

Why invest in a Feasibility Study?

A Business Feasibility Study is a critical step in the business assessment process.  If properly conducted, it may be the best investment you ever made.  It is often tempting to overlook the need for a feasibility study.  Many business people feel that if the idea is theirs... it must be a good one, so why carry out a costly study just to prove what they already know?  We know that every year, scores of new businesses flounder and fail, despite the business owner's hard work and enthusiasm.  One major reason for many of those failures was the entrepreneur's willingness to commit to an idea that they were passionate about without first researching the feasibility of the concept.  Loving an idea doesn't mean that it's going to be a success!

Because New England Small Business Consultants is independent of your business, we are in a better position to provide an objective analysis of how realistic your venture might be.  It might be tempting to choose the lowest-cost alternative or even to rely on a personal acquaintance to test your business idea, but always remember that experience and quality work are the most important factors to consider when choosing a business advisor.  Make sure that the consultant can provide an independent assessment of the business opportunity you are considering.

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New England Small Business Consultants performs Market Study, Financial Analysis and Feasibility Analysis for clients located in Massachusetts, Vermont, New Hampshire, Connecticut, Rhode island, Maine, New York

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