Services
Feasibility Studies
Clients intending to set up a new business or expanding an existing one need sound and realistic feasibility studies to assess the viability of the project. Generally, a comprehensive feasibility study comprises a technical feasibility, market feasibility, economic feasibility and a financial feasibility, the depth of the study depends on the scope determined by a client.
We at Azzurri Consultancy offer the following types of feasibility studies.
Technical Feasibility
When analyzing the feasibility of manufacturing a product or providing a service, our team researches various aspects of the product or service, including its technical feasibility, to ensure that the business has the necessary resources to support it. A company must consider if a product can be manufactured and delivered using the company’s manufacturing and shipping resources, or if a technological upgrade or implementation of new technology is required. The company must also determine if its personnel have the requisite skills to produce and transport the product, or to provide the service in an optimum way. Our team of experts ensure all technical areas of the feasibility study are examined in detail so we can provide you with sufficient detail to make a sound decision.
Market Feasibility
A company’s product must experience market success to earn revenues. Before starting to a service or product, our professional team members first conduct the service or product demand and calculate the product probable market share. We work alongside our clients to gather a description of the business entity’s industry, protentional share, sales revenue for the period of interest and competitors. Our experts recommend to business entity to introduce a new product line for an established market, improve an existing product for established market, create a product to supplement an existing product and target a new market with an existing product
Economic Feasibility
Before launching a new service or product, business entities must complete homework that the product’s or service expected rate of return is sufficient to cover production costs and to earn a profit. Our firm helps our clients to calculate various break-even points based on sales volume and costs and based on different unit prices. In so doing, we determine whether the product or service will earn sufficient profit margins to make investment worthwhile. The evaluation work performed determines if the business entity proceeds with the undertaking. If so, our experts make efforts to identify financial resources for development of the product or service and remain alongside with our client on every step of the way.
Financial Feasibility and Business Plan
Before launching a new service or product, business entities must complete homework that the product or service’s expected rate of return is sufficient to cover production costs and to earn a profit. Our firm helps our clients to calculate various break-even points based on sales volume and costs and based on different unit prices. In so doing, we determine whether the product or service will earn sufficient profit margins to make investment worthwhile. The evaluation work performed determines if the business entity proceeds with the undertaking. If so, our experts make efforts to identify financial resources for development of the product or service and remain alongside with our client on every step of the way.
Other Feasibility Studies
In addition to considering the above-mentioned feasibility studies of a service or product, a business entity might also conduct other feasibility studies including managerial and environmental feasibility studies. A managerial study determines whether the management team has the capabilities and commitment required to introduce a new and successful product or service. An environmental feasibility study determines the environmental impact of construction of a manufacturing facility and product of the new product, legal consequences and risk of negative consequences of the production.
Budgeting & Forecasting
Managing business performance in today’s rapidly changing and complex business environment is crucial for an organization’s short term and long-term success in Pakistan. Budgeting, planning and forecasting is a three-step process for determining an organizational financial goal for the short term and long term. A sound financial plan is the vehicle that clearly states the strategic business objectives in financial terms. A well-prepared budget is the foundation of the decision-making process throughout the fiscal year, as it is the forecast that allows the business to adjust future expectations based on recent actual performance. With a renewed focus on growth as a strategic goal to be aligned with corporate performance, the Financial Consultants in Pakistan that hope to achieve best-in-class status has to be armed with tools that provide visibility and flexibility to strike a balance between aggressive plans for recovery and caution. Our advisory specialist who are successfully driving improvement efforts in the financial planning process provides better insight to understand, analyze, and proactively impact the business performance and make it easier to produce more accurate budgets.
We would be delighted to discuss how we can help you, and your group or company. Please get in touch and contact MHSS at info@mhssco.com or alternatively, contact our office directly
Market Research and Surveys
Identifying the correct product market is the key to any business success. Periphery of research lays market information that is required for sustaining these combinations. Perception of customer, market penetration and segmentation, issues in the distribution chain, position of one’s product or service with respect to competitors are variables that are dynamic and impact marketers within short periods. Periodic feedback on these variables, therefore, minimizes decision-error and provides strong empirical and intuitive insight for strategic decision making. A range of market research activities is offered that call for in-depth research and critical interpretive analysis- “thinking on behalf of the client”- to enable the client to make major decisions in resource allocation.
We would be delighted to discuss how we can help you, and your group or company. Please get in touch and contact Azzurri Consultancy at info@azzurri.pk or alternatively, contact our office directly
