What are important tips for preparing a feasibility report?
• Don’t cut corners on this report it will entice investors. • Read through example feasibility reports to get a better idea of what is expected. • Ask potential investors or grant-giving organizations what information they need to make a decision and then include that in your feasibility study. • Be realistic in your projections, as investors may be wary of an over-stated financial projection. • Do your homework. Don’t just make up numbers as your investors will probably do research on their own and if the numbers aren’t close, they will question your business management abilities. • Come prepared, give your investors examples for what you are preparing for them, visual aid will help them see your vision for them clearly.
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