Business Feasibility Study

Decent Essays
Finance Aspect in Business Feasibility Studies Financial feasibility can be judged by the total estimated cost of the project, financing of the project in terms of its capital structure, debt equity ratio and promoter’s share of total cost, existing investment by the promoter in any other business and projected cash flow and profitability. Financial feasibility study determines how much start-up capital is needed as well as sources of capital and returns on investment. It is an analysis of the total costs of a proposed project and the potential income that the project can get. It the potential income of the proposed project can cover all the costs, then the project is financially feasible. Your financial feasibility study should…show more content…
If you take over an existing business, you must usually keep the existing terms and conditions of employment. Buildings You must take action if: * a new building or change of use is involved * plant or machinery is installed within an industrial site, but outside a building * existing premises require structural alterations Intellectual property 'Intellectual property ' describes things such as business names, patents and inventions. You should protect your own company name and logo, along with any inventions, product designs or copyrights. You should also respect other people 's intellectual property rights. For example, you can 't use the same name for your business as someone else doing similar work in your town. Fair trading The Office of Fair Trading (OFT) is responsible for protecting consumers by promoting effective competition, removing trading malpractice and publishing appropriate guidance. The OFT also issues consumer credit licences. Keeping information about people If your business involves keeping information about people, you will have to be careful about the sort of information you keep and how it is used in relation to the Data Protection Act. You may have to register if you keep such information on computer. The Data Protection Act 1984 grew out of public concern about personal privacy in the face of rapidly developing computer technology. The act covers personal
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