Having a comprehensive Feasibility Study is one of the key requirements to assess the establishment of a new business; it is also a prerequisite to securing bank loans and acquiring industrial land in Qatar.
Nagy Hosny & Partners Public Accountants Co. team helps you to assess the viability of your business idea by analyzing the factors needed to have a successful project; the scope of services includes (based on the project’s specifics and special requirements):
Market Research:
Nagy Hosny & Partners Public Accountants Co. market research team will carry out primary research specifically planned for the project’s products or services to analyze and assess the competition, supply and demand, target market, market trends, target segment, potential buyers, etc. The market research report is a key input in any strategic planning process that is useful for startups and ongoing businesses; it helps set business objectives while taking into consideration the market factors.
Feasibility Study:
It covers the business overview and legal structure; the details of the products or services; the market assessment covering the competition, market size, market share, market GAP, marketing plan, implementation schedule, and SWOT analysis; the technical assessment covering the required manning, used technology, raw materials cost and sourcing, project location, required permits, and manufacturing process; the financial assessment that cover the estimated investment costs, financing structure/bank loan, revenue assumptions, cost assumptions, profit & loss and cash flow statements, and the financial indicators such as return on investment (ROI), Internal Rate of Return (IRR), payback period, break-even analysis, ratio analysis, risk analysis, and sensitivity analysis.
In some instances, and based on the bank requirements, the scope of the feasibility study can extend to be a Business Plan with Technical and Financial Feasibility which incorporates additional details with the business strategy.
Appointing a reputable and qualified advisory firm is the first step in exploiting the business opportunities and in setting up a new business in Qatar; the transparent feasibility study will be concluded with the critical success factors with alternative practical solutions along with the way forward to have a sustainable business operation.
Nagy Hosny & Partners Public Accountants Co. team has completed 100+ feasibility studies and market research for projects of all sizes