Feasibility Studies

Basmart Health's team of experts prepares the feasibility study according to the criteria that contribute to obtaining funding, as follows:

1. Demonstrating profitability and expected returns: Providing accurate estimates of expected profits is one of the most important factors financiers look for. A feasibility study helps provide these estimates through a thorough analysis of short- and long-term revenues and costs. Clear figures and projections are provided that help investors understand when their investment can be recovered and what the return on investment (ROI) is, a key factor in making a financing decision.

2. Accurately Determine Financing Needs: A feasibility study helps accurately determine the amount of financing required for the project. Whether operating costs or capital costs, the figures provided must be accurate to avoid any under- or over-funding. This accuracy helps investors know exactly how much funding the project needs and provide it in a way that ensures efficient achievement of objectives.

3. Risk Reduction for Funders: Funders are always looking to mitigate the risks associated with any investment. A feasibility study highlights the factors that could negatively impact the project and outlines strategies for dealing with those risks. This includes an analysis of internal vulnerabilities and external threats, as well as alternative plans to address any unforeseen challenges. This analysis reassures funders that the project has a comprehensive vision for dealing with potential crises and risks.

4. Clarifying the Target Market: Understanding the target market is a key part of any successful feasibility study. Investors want to know if there is a real and sustained demand for the product or service the project offers. The feasibility study provides an analysis of the target market, its size, demand trends, and the level of competition. The clearer the market vision, the more confident financiers are that the project will be able to attract customers and generate profits.

5. Providing Sustainable Financial Forecasts: In addition to profitability, financiers are concerned with the financial sustainability of the project. The feasibility study presents cash flow projections, a tool that demonstrates how the project will be able to meet financial obligations and achieve long-term sustainability. This includes a profit and loss analysis, a balance sheet, and cash flow projections, all of which enhance financiers' confidence in the project's sustainability.

6. Technical Feasibility Analysis: Another part of the feasibility study concerns the technical aspects of the project, such as the technology used, available resources, and necessary infrastructure. The more accurate and detailed the technical analysis, the more confident financiers will be that the project can be implemented according to the required specifications and with minimal complications or delays.

7. Develop a clear business plan: A feasibility study provides a detailed business plan outlining how the project will be implemented from start to finish. This plan includes the various project implementation phases, timelines, task allocation, and responsibilities. Investors value a clear implementation plan that ensures the project is well-thought-out and can proceed according to a specific timeline.

8. Enhancing trust and transparency with financiers: A feasibility study reflects the project owner's commitment to conducting the necessary analysis to ensure the project's success. This attention to detail enhances the company's or project owner's credibility with financiers, increasing the chances of obtaining funding. It also presents all information transparently, helping build a long-term relationship of trust between the parties.