Feasibility Studies

Feasibility Studies

We offer Feasibility Studies related to a variety of facilities projects. Feasibility Studies ease the planning and development process by allowing clients to be fully prepared before initiating the planning phase of a project. These studies allow our clients to design an established vision of the project, while including considerations for financial viability as well as community interest. Throughout the process of a Feasibility Study, potential challenges related to the project can be revealed. Addressing these challenges early in the process allows clients to avoid being saddled with difficulties further into the project and empowers them to fully leverage the planning phase in an efficient manner.

Feasibility Studies Services:

  • Provide preliminary analysis
  • Identify target markets
  • Determine potential obstacles
  • Prepare projected income statements
  • Conduct market surveys
  • Define geographic influence on the market
  • Analyze competing services in the community
  • Estimate expected market share
  • Determine market expansion opportunities
  • Plan facility organization and operation activities
  • Provide equipment recommendations
  • Explore options facility location and design
  • Analyze risk and contingencies
  • Recommend "go/no go" decisions