Feasibility Studies

 

Pre-Feasibility Studies

Targets Consulting offers the Pre-feasibility studies to evaluate the feasibility of a broad decision, such as operating in a new market or acquiring a new hotel or restaurant. they are conducted before a business feasibility study is conducted.

Development Feasibility Studies

Targets Consulting offers the development feasibility studies to assess the feasibility of starting or growing of a hotel or a restaurant. it assists in making Decisions for which a business manager or owner will need it, and it  include studies consider factors like start-up costs, market conditions and potential returns.

Project Feasibility Studies

Targets Consulting offers the Project feasibility studies evaluate the workability of an individual project or expansion. The difference between the development feasibility study and the project feasibility study is that the last is merely seeks to expand a department or function of an existing hotel or restaurant, whereas the development study seeks to establish a presence in a completely new market. Project feasibility studies weigh the costs and benefits of new investments and decisions in established running business.

Technical Feasibility Studies

Targets Consulting offers the technical feasibility studies to deal with the issues of technology and infrastructure. This study may look into costs and potential benefits of new technologies, or investigate the amount of space needed to build a new building or establishing a new project in the same building. Any new technical venture can require the use of a technical feasibility study.

Cultural Feasibility Studies

Targets Consulting offers the cultural feasibility studies to look into cultural issues that may arise from pursuing a certain opportunity. These study are usually used when businesses consider risky marketing campaigns), or have the option of expanding operations into a country with a very different culture from that of their own or when the Human Resources wants to amend the policy and procedures due to a culture understanding (this rise when in chains operating in different culture.

Legal Feasibility Studies

Targets Consulting offers the Legal feasibility study to assess whether or not a project would carry unreasonable legal burdens. It may be carried out for products that come with high risk (e.g., liquor in Islamic countries)