We prepare feasibility studies with the aim of finding out the workability and profitability of a business venture to determine if the opportunity on hand is worth the time, effort and resources before investing.
Feasibility studies can provide invaluable information on the likelihood of success of a new product or service ideas. Serenity Advisors can provide relevant, timely and in-depth information when considering changing the products or services, developing new ideas, moving into new geographic market, or expanding operations. This knowledge will help make informed decisions, given the characteristics of the customer base and competitors.
A business plan is developed after a feasibility study reveals that a business opportunity exists. It is a set of tactics & strategies that will help implement a sustainable business operation.