By Lahle Wolfe. Women in Business Expert
Lahle A. Wolfe, a single mom of four, is an entrepreneur, author, speaker, web programmer and application developer. She is founder and CEO of LA Wolfe Marketing and its two subsidiaries. Wolfe has extensive experience in both the nonprofit and for-profit business world. Read more
Course Name: Feasibility Study: How to Write a Comprehensive Business Feasibility Study
If you do not have time to view all the lessons online right now, you can sign up to receive the Women in Business How to Write a Comprehensive Business Feasibility Study course by email for free. You will receive one newsletter with a complete course syllabus.
This is a self-paced course with step-by-step instructions on how to research, write, and present a feasibility study for small or large businesses.
Skill Level Required to Complete This Course: This is a beginning level course, assuming the student has little or no knowledge of starting a business. It is also ideal for anyone who has never created a feasibility study, marketing plan. or business plan before, or who needs detailed instructions.
To complete this course you will need:
- Internet access to conduct research about your industry;
- Spreadsheet software to create financial information; and
- Word processing software to type the final document.
How to Prepare and a Write Small Business Feasibility Study Course Syllabus
Feasibility Study Course Lesson 1 - What is a Feasibility Study?
Lesson 1 teaches you basic information about the nature and purpose of a feasibility study, how it differs from a marketing study, and why you should prepare a feasibility study before your business plan.
Feasibility Study Course Lesson 2 - How to Write a Market Feasibility Study
Feasibility Study Course Lesson 3 - How to Write a Technical Feasibility Study
Lesson 3 focuses on the technical and logistical aspects of how your business will produce, store, and deliver its products or services. A technical feasibility includes the details of how you will deliver a product or service (i.e. materials, labor, transportation, where your business will be located, technology needed, etc.).
Navigate Lesson #3:
Feasibility Study Course Lesson 4 - How to Write a Financial Feasibility Study
Lesson 4 instructs business entrepreneurs on how to prepare the financial component of feasibility studies. Estimate start-up capital, identify and list sources of capital, and estimate potential returns on investments.
Navigate Lesson #4:
Feasibility Study Course Lesson 5 - Organizational Structure Feasibility Study
Lesson 5 covers the important details of your business' organizational structure to help make your feasibility study and business plan more attractive to potential investors and clients.
An Organizational Feasibility study defines the legal and corporate structure of the business, and offers pertinent professional background information about the founders, partners, and other principals involved in the business.
Feasibility Study Course Lesson 6 - How to Write Feasibility Study Conclusions
This is an important part of the Feasibility Study writing process because you need to draw conclusions that you want your investors and potential customers to see. It is critical that your data and other information support your conclusions.
Feasibility Study Course Lesson 7 - Presenting a Completed Feasibility Study
This last, but important lesson, offers guidelines on how to assemble your entire Feasibility Study together in a professional-looking package.