Скачать или смотреть Similarities And Differences Between Business Plan And Feasibility Study

Similarities
Assessment of viability: Both documents involve analyzing the potential success of a business venture. 
Risk analysis: Both include an assessment of potential risks, though the depth varies. 
Financial projections: Both require detailed financial forecasts, such as income statements and cash flow projections. 
Planning tools: They are both essential planning tools that help decision- makers understand the project's potential and requirements. 

Differences
Feature
Feasibility Study
Business Plan
Primary Purpose
To determine if a business idea is worth pursuing; answers "Can it work?"
To outline how the business will operate, grow, and succeed; answers "How will it work?"
Timing
Conducted at the very beginning to assess viability before investing
Written after a successful feasibility study to guide operations
Focus
Overall project concept, viability, and a high-level overview
Detailed roadmap, strategy, and execution
Content
Analyzes the project concept, market viability, technical needs, potential risks, and provides recommendations on whether to proceed
Includes detailed information on the mission, vision, management team, market strategy, operations, and detailed financial forecasts (income statements, cash flow)
Outcome
A recommendation of "go" or "no-go" for the project
A strategic guide for management and a tool to attract investors


Contact us:
Email: [email protected]
Website: https://tosjohnconsulting.com
Phone: +234-705-689-8048