Economic Feasibility Studies
At Corporate Brilliance, we specialize in preparing comprehensive Economic Feasibility Studies (EFS) for a diverse range of projects, including industrial, commercial, and social ventures.
Our studies leverage both in-house expertise and external specialists in technical and marketing fields to ensure accurate and realistic operating and financial projections.
The primary goal of an economic feasibility study is to evaluate the net benefits of a proposed project.
This evaluation helps in making informed decisions regarding the acceptance or disbursement of funds, considering the benefits and costs to the agency, other state entities, and the general public.
Our Economic Feasibility Study includes two essential components:
- Business Case
- Cost-Benefit Analysis
Business Case
The Business Case provides a detailed analysis of the business environment, including:
- Description of the expected customers
- Nature of the business
- Current payment processing methods, if applicable
- Current and projected transaction volumes and timing
It also outlines the benefits of the proposed project, offering a clear understanding of its potential impact.
Cost-Benefit Analysis
The Cost-Benefit Analysis summarizes the financial aspects of the proposed project, including:
- Revenues and costs involved
- Amounts and assumptions detailed in the Business Case
This analysis also includes an assessment of the project's impact on the agency, other state agencies, and the general public, where applicable.
At Corporate Brilliance, we are dedicated to delivering thorough and insightful Economic Feasibility Studies that support sound decision-making and project viability. Partner with us to ensure that your projects are evaluated comprehensively and accurately, leading to successful outcomes and strategic investments.