Feasibility Studies & Business Plans - Pursue Fruitful Business Ventures
An important aspect of successful business development is to follow a process of how you will assess a business idea or a project, decide whether to move forward with the project and build a business if it is decided to move forward.

Learn not to fall in love with your ideas before you fully explore the possibilities. Look at the bigger picture
At Expandus, we encourage a detailed assessment of your business idea or proposed project to identify potential issues and ways to address them, assess economic viability, and plan the way forward making more efficient use of your investment, time and resources and thus increasing your odds of success
A feasibility study will help you to assess potential, and to predict the likelihood of success or failure of proposed project. It may also open your eyes to new possibilities, opportunities and solutions you might never have otherwise considered.
Expandus helps its clients "getting it right" before committing time, money and business resources to an idea that may not work in the way you originally planned, causing you to invest even more to correct flaws, remove limitations, and then get it right.
Following aspects are included in our feasibility study :

  • Market Analysis
  • Organizational & Technical issues
  • Estimate the viable Project Size
  • Financial Parameters
    • How much Investment is needed?
    • Break-Even Analysis
    • Project profitability estimates
    • Project Return-On-Investment
    • Project Payback period
    • Other Financial Projections
  • Sensitivity analysis
The outcome of feasibility study will determine whether your project makes economic sense and how likely is your project sustainable to sensitive macro factors impacting your business.
Many people will feel that they know the proposed venture is a good idea, so why carry out a costly study just to prove what they already know?
  • A consultant can provide an independent and un-biased assessment of the business opportunity.
  • The feasibility study is important because it forces the ideas on paper and to assess whether or not those ideas are realistic
My Equipment supplier or the engineering firm is offering a feasibility study? Why do I need you ?
Equipment supplier or engineering company are needed to provide information and estimates about equipment requirements and costs.
If they offer feasibility study, from our experience
  • An EPC contractor or equipment supplier may have an incentive to show positive results so they can obtain contracts with the cooperative once it chooses to start up operations.
  • Hiring an engineering firm or an equipment manufacturer to conduct market analysis may lead to biased results in favor of proceeding with the venture
A consultant offers an overall view of business in the feasibility studies. A proper consultant needs to have an experience in
  • Analysing the market (current and likely future),
  • Capability to assess technical and organisational requirements and
  • Provide a financial overview with
  • Sensitivity analysis.
Once you have understood the market temperament and economic viability of your business idea; the key to starting or expanding a successful business is preparing a professional Business Plan.
A business plan is like a blue-print of a business or a plan in advance – how the project will be started, implemented, operated and managed. It forces you to think in-depth, clarifies your goals and objectives
Expandus provides a realistic business plan based on valid assumptions, liabilities & risks associated with a project and probably overlooking our client's emotional investment in it.
Our Business Plan will typically include
  • Executive Summary
  • Business & Product Description
  • Industry & Market Analysis
  • Marketing and Sales
  • Management
  • Operating Plan
  • Financial information
It serves as a "road map" outlining where you are and where you want to be.
  • In-depth assessment of how the business will be started, implemented, operated and managed
  • We include a 180 day to one year action plan
Our business plans/detailed project reports are developed in a bank accepted format which can be submitted for bank funding or to a financial lender, investor.
Your Business Plan will be custom-designed to meet your specific goals and objectives. We do not use a "cookie cutter" approach, as we believe no two businesses are exactly alike.
Nobody ever wrote down a business plan to be broke. This happens when you do not have a business plan
Here's why a B-plan is a must to…
  • Avoid big mistakes :
    • The last thing you want to do is work on your start-up for a year, only to realize you were doomed to fail from the start.
    • From our experience, we find many founders learn the hard way that they didn't set aside enough capital to reach their goals, took on partners with the wrong skills and resources, or don't have a viable way to make money. Developing and sharing a business plan can help ensure that you're sprinting down the right path.
  • Counterbalance your emotions:
    • At times during your start-up experience, you'll be manic — so passionate about your ideas you lose sight of reality. At other times, you'll be overwhelmed by doubt, fear, or exhaustion.
    • When your emotions get the best of you, having a business plan lets you step back, and take an objective look at what you are doing and why, what you know for a fact and what you are trying to figure out.
  • Make sure everyone's on the same page :
    • Chances are, you are not building a company by yourself. Ideally, you'll have partners, so you can launch faster, smarter, and with less need to pay employees or suppliers.
    • Even if you don't have partners, you'll have advisers involved. A business plan helps get everyone involved in your start-up heading in the same direction.
  • Develop a game plan:
    • At a start-up, execution is everything. That means you have to set priorities, establish goals, and measure performance.
    • You also need to identify the key questions to answer, like "What do customers really want?." "Will customers buy our product and how much will they pay?," and "How can we attract customers in a way that's cost effective and scalable?" These are all things you'll address during the business planning process.
  • To raise capital:
    • If you wish to raise or borrow money — even from friends and family — you'll need to communicate your vision in a clear , compelling way.
    • In our experience start - ups with a business plan raised twice as much capital as those without a business plan within the first 12-15 months.
A business, may be able to be succeed and make money without a business plan, but imagine how much further that business could go with a little more forethought and planning?