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The need for prepare an economical feasibility study of any project rises to set a practical vision and horizons for any project because of the rational rareness of economical resources and human services from one hand and the infinite listing of needs of projects to cover such needs from the other hand, so the feasibility study identifies the most profiting projects in order for the investor to choose among these projects what suits his resources and his acquired experience.
The investment project, whether merchandise serving project, goes along with many stages. The most important stage is studying the project, the feasibility study is one of its main components, then the stage of establishing and preparing the project, after that the stage of executing and operating the project. Because of our certain knowledge, the feasibility study enables us to indicate the best available investment opportunities in terms of the practical management of the resources of the project, adopting administrative and financial resolution on scientific basis that increases the ratios of the expected revenues to the capital, achieving profits, and reducing the risk ratio through the market and marketing study as well as studying the administrative and organizational structure, recognizing the best used technologies, work mechanisms, the best use of human resources through special technical study of the project. So, feasibility study is considered an inclusive and complete answer to all professional, financial, administrative and economical questions before all investors (project owner) and his consultants. The feasibility study indicates the possibility of success of the project and its continuity and achieving the targeted profits as well as indicates the projected growth of the project.
Perfect planning is the base of success for any project whatever the size of operating capital.
Best of luck,,, Badr Bin Saud Al-Rasheed |
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