Feasibility Studies in UAE
A thorough feasibility study is critical for organizations to estimate their possibility of completing projects successfully. Organizations utilize feasibility studies to identify possible negative and positive outcomes from a project. This is done before investing valuable money and time for it.
A properly researched and executed feasibility study is capable of clearly identifying possible issues that can arise when a project is implemented, understanding financial, operational and potential other organizational impacts. It determines if the project will be productive after considering all the influencing factors.
If you want quality business feasibility study in UAE, you must devote the time and the money to hire an experienced organizational consultant. Our organizational consultants have extensive experience in making business plans and conducting feasibility studies.
Elements of a Feasibility Study
Our feasibility study services in Dubai comprise of several elements, and they typically include:
- Project Overview – An outline of the project, products / services offered, the business model and method of delivery.
- Market feasibility – Defines the prospective buyers, competitors, industry, the future and current market potential and sales estimations.
- Technical feasibility – Lists the data about product or service delivery, which could include labour, raw materials. transportation, technology needed, business locations etc.
- Financial feasibility – A forecast plan about the funding required, the type of funds, and projected P&L, Balance Sheet, Cash Flows etc. This includes detailing the assumptions made in the study, sensitivity analysis, and graphical presentation of key financial data.
- Organizational feasibility – An explanation of the corporate and legal frame of the company; this might include data about the founders, their professional history and skills they have that can help the company begin and continue the operations.
HLB HAMT: Feasibility Study Consultant in Dubai and UAE
Our team keenly focuses on your business model, customers, are familiar with technology and have an excellent understanding of complex data. Their skills include clear communication, multitasking, organizational skills, as well as analytical, observational and critical thinking.
We conduct market research independently, with our own resources and work with leading market research firms in the UAE to obtain authentic market data, which, in turn, forms the foundation of a good feasibility study
Our deliverables to clients are in the form of exhaustive reports and presentations, which are backed by detailed financial models developed using spreadsheets. We also develop summarized project teaser documents that potential investors might like to review before making further decisions of investments.
We will help you assess your chances of success and our engagement will provide the confidence that your investors will need to participate in your ventures.
Frequently Asked Questions – Feasibility Study
Why is a financial feasibility study important for any business in UAE?
A financial feasibility study provides insights and understanding of how a business will perform financially over a period. Whether it is a new business venture or an existing organization that seeks to invest in a new project, it is important to understand how the business plan will translate into financial results. In a market like the UAE which offers great opportunities to businesses, yet, due to the competitive nature of the market that could pose financial challenges for businesses, a thorough financial feasibility is critical.
What are the major outputs from a good financial feasibility study in UAE?
A good financial feasibility study will firstly tabulate all assumptions relating to the business plan. Based on these assumptions, the study will project the three basic financial statements which are the Profit and Loss, Balance Sheet and Cash Flow statement for the business. Further, the study will help put up the Net Present Value (NPV)of investments and the Internal Rate of Return (IRR), will determine whether the project is viable or not.
What sectors does HLB HAMT offer feasibility study services in UAE?
Our feasibility studies are generally sector agnostic. However, our feasibility studies in Dubai and UAE involve several prominent sectors such as Food and Beverage, Real Estate, E commerce, Technology, Manufacturing, Retail, and Hospitality among others.
Do you offer market feasibility studies in UAE?
We conduct market feasibility studies for businesses in Dubai, Abu Dhabi and other parts of the UAE by engaging market research firms. In the UAE, our consultants also carry out primary field level market research assignments for specific projects and include inputs from these studies in the overall project feasibility study.
Do you prepare feasibility reports for bank loans in UAE?
We prepare financial feasibility studies that are accepted by most leading banks in UAE. As a firm that has been serving clients in the UAE for over 20 years, our reports are well accepted by most leading banks in the UAE. Our consultants can advise you on specific parameters that banks look for when it comes to evaluating a project feasibility.
Do you prepare feasibility reports for SMEs in UAE?
SMEs form a significant part of our clientele in the UAE. Our team understands the challenges faced by SMEs and we are able to guide them with feasibility study inputs for their funding requirements- be it through banks, through investors, or through other SME funding institutions.
Latest insights, case studies and news from across the network
How can businesses be equipped for ‘black swan’ events?
In risk management, we often come across the term “black swan”. A black swan is an unforeseen occurrence that goes beyond what is often anticipated in a situation and might...
The six major elements for efficient Enterprise Risk Management
In today’s transforming business landscape, businesses face new challenges and become more complicated.
Emerging Technology and Role of the Internal Auditor in UAE
Technology is evolving at an unprecedented pace. Corporate entities strive to improve service delivery and consequently customer satisfaction through…