Business Feasibility Report
Cost-estimation | Planning | Competitor Analysis | Opportunities
Got a new idea for a business? Let our industry experts create a business feasibility report for you. Get the best feasibility plan before you invest.
Services
Technical Feasibility Report
Our technical feasibility report supports your business ideas into a profitable reality. This includes potential challenges, problems, and troubleshooting to save yourself from an unexpected loss. Technical feasibility analysis by our experts shows you whether your team is capable of handling resources, maintenance, and risk management.
Economic Feasibility Analysis
Get a simplified report on costs and benefits with our economic feasibility analysis. Make calculated and informed decisions on your investment and get the best value for your dollar. Seasoned experts will explain to you if the project is economically feasible. With their years of experience in financial trend investing, you can be carefree of your money and how it multiplies.
Operational Feasibility
Let us build a solid system and hierarchical management with our operational feasibility analysis. With our careful planning, you can never run into an unexpected disaster or management crisis. This evaluation is to make sure your project stands strong in all conditions. Our operational feasibility study presents you with an overview of production capabilities, staff management, distribution channels, and much more.
Why Choose Us
These researchers are well-versed in data analytics and modeling, so you can get a rich amount of information in a simplified yet comprehensive format.
Solutions
Demographic and Trends Analysis
We don’t like to go on a wild chase instead we narrow down our target audiences, their needs, and preferences. By smartly analyzing your demographics and trends, we study patterns & data trend that can lead to breakthroughs. This makes the job much easier, less time-consuming, and more insightful. This analysis is to predict opportunities or disasters that directly impact your business.
Competitive Assessment
Our researchers keep a close eye on your competing businesses to measure your position in the market. By judging your brand perception and niche competition, our reports can be more insightful and give you ideas about what your competitors are lacking. This allows you to decide whether your project idea will succeed by being unique or flop by being non-existent.
Marketing Research Surveys
Our company has several resources to conduct, collect, and analyze marketing research surveys. They make use of such tools and survey techniques that target specific audiences. Our marketing research questions are specific yet open-ended to draw more opportunities. This information is collected through online surveys, in-depth interviews, focus groups, and other forums as well.
Predictive Analytics
With our expertise in advanced machine learning, we have developed predictive analytics software of our own. Experts use it to generate a predictive model for your business applications. For this, we collect large datasets and filter them out with our predictive analytics tools. So we can run our program on information specific to your niche.
Testimonials
"These guys are awesome in their research techniques and it helped us gain a rich amount of targeted information. Their expertise in online surveys market research is unmatched and it saved us a lot of time. We had this idea for a software product, and WebDigitalSphere helped us craft product market fit survey questions. This was a helpful and productive experience."
Amelia Leonhart, Product Manager, Seattle (USA)"WebDigitalSphere has an immense experience as a consumer research agency. Our brand has made successful leaps in scaling our product sales. We were able to understand customer’s needs, product demand, and competition. We knew we could count on these guys to deliver nothing but the best information. I will make sure that we work on our future projects with you."
Archie Williams, Brand Executive, Sheffield (UK)"We are a real estate builders group and are continuously expanding our network all over the country. WebDigitalSphere has helped us understand our competitors, customer demands, geographical landscape, market availability, and much more in their feasibility study real estate presentation. This has led us to a successful launch of our services and construction development."
Sushant Kumar, Brand Executive, Pune (India)
Workflow
Preliminary Analysis
Just as the feasibility study determines if the project is worth it, the preliminary analysis determines if the study itself is worth the effort or not. All market research firms including ours make sure to avoid a wild goose chase and there is some benefit to conducting a study.
This also includes uncovering roadblocks that could render the study useless or stop halfway through.
Defining the Scope
Before we start creating a report, we need to get clear on the project’s scope. This includes project goals, tasks, phases, costs, deliverables, and deadlines to develop a data analytics model.
Market Research Studies
Is there a demand for your particular business idea in the market? This is a very decisive factor in a business feasibility study. That’s why we developed a market analysis framework to seek info about the competitive landscape, demographics, demand, supply, geographics, and overall market value.
We have a collection of market research tools to gather the datasets needed for your study.
Financial Feasibility Analysis
Financial assessment is the next important feasibility stage of a project. Our experts determine the financial trend, costs, and risks involved in your business venture. We break down these costs into staff resources, equipment, materials, software, hardware, facilities, and third-party services.
Roadblocks & Alternatives
This phase is to assess roadblocks and their alternative solutions to avoid surprises and unexpected encounters. With a complete presentation of predictive risk analytics and relevant solutions, we can lay out a solid plan so your project can go on under all circumstances.
Re-assessment
A market research strategist or a fellow manager will take a look at the entire feasibility report from top to bottom. Having a set fresh of eyes can help point out any left-out areas or mistakes.
Go or No-Go
After all that needs to be done, the final market feasibility report now begs the question, Is the project ready to go forward or not? We present and explain the study and its impacts to help your decision-making.
Industries we work in
Retail / Ecommerce
Education & e-learning
Health & Fitness
Logistics & Distribution
Gaming
Social Networking
Real Estate
Travel & Hospitality
Food & Restaurant
On Demand Solutions
FAQs
Have a project in mind?
Contact us via email/call to get your technical feasibility study, operational feasibility report, and economic feasibility reports. Get real-time and up-to-date information through our customer research survey and predictive analytics solutions.