Business and Feasibility Study

As the thought of business comes to mind about the business ideas you want to bring to live into reality there are many things to consider at this junction. First is the area to operate from that is location in which the business will operate and should be suited in, cause it matters so much, it should be suited in the heart of the busiest place in a community easy to reach as fast as possible.


In considering the area one should bear this in mind the area with easy access of mobility of both human and automobile, good roads, nearness to the source of raw material, power supply and not too faraway from the consumers.

The next is the product which is the main thing of been in business to produce a standard goods to serve humanity with the commodity produce to who you have in mind to reach with your product and for whom it will be of use to and what kind of product you have in mind to produce.

Not a mere or just ordinary product with common packaging and brand. Yes! Packaging it matters and goes along way with brand with little difference and similarity a good and well package begat a superbrand product package it well with a good container.

What next? The cost anyone that wants to embark on anything in this life must first site down to count the cost what it entails a better preparation begat an outstanding result, cost matters so much in forming a new business it requires capital in all it ramification you can’t do anything without not having a capital.

Site down count the cost take inventory of what it will cost you to go into business…Remember you’ll acquire a building which will be your office where you will operate from and various asset i.e. cars, production plant, salary and wages count the cost first.

Creating awareness bringing the company to the knowledge of the public (outside and inside world) which requires so much advert placement here and there a massive advertising is required put the best of the best in place explore the creative mind to produce a creative result cause the creative mind produce creative result.

Handling capital inflow watching excessive expenditure cause there is every tendency for exorbitant spending once we see profit pumping in. conclusion never rush into business have a concrete solid plan so you won’t rush out.