Economic Feasibility Studies

A study of any economic activity, including its various aspects before launching it, is inevitable due to many reasons including:
1- Knowing its economic feasibility and outcomes.
2- Avoiding any potential financial and market risks.
3- To be acquainted with the time of capital turnovers.
4- To decide on the best place for a facility or establishment.
5- To discover the marketing power on which this activity depends, and how it is being presented into the market.

The objective of the feasibility study varies from one case to another so there must be some things that show the amount of potential risks and examine the costs of incorporation and the expected time to start making profits.