Feasibility Studies
Let Truman Mox provide your Feasibility Study Report. Truman Mox, Inc provides market analysis and market feasibility studies for a broad range of projects. Let our experience in market and financial analysis help you evaluate your next project.
Our Firm has experience completing feasibility reports in the following industries:
- Hotel – Hospitality
- Conference Center
- Shopping Centers
- Assisted Living
- Restaurants
- Self-Storage
- Resorts
- Investment Properties
- Senior Living
- Golf Courses
- Office Space
- Municipal Markets
- Traffic
- Trails and Bike Paths
- Apartment Buildings
- Wind Turbines
- Single Family Developments
- Condominiums
The Truman Mox Firm will evaluate the core principles of your project and will provide complete thorough field research which includes analysis of the following criteria:
- Market Analysis
- Demographic Analysis
- Competitor Analysis
- Density Analysis
- Income & Expense Analysis
- Financial Projection Analysis
- SWOT Analysis
Our study will convey to you a complete assessment of your business idea based on key findings, conclusions and recommendations. Are you working with the SBA? We can assist.
Why Do You Need A Feasibility Study?
You need to evaluate the market and financial feasibility of projects before making a major financial commitment. In most cases your lender, potential partners or investors want to ensure the proposed project can be a success. The scopes of our studies are unique to the project and incorporate the necessary research and analysis that are necessary for you to make a qualified decision.
What are the reasons you should obtain a Feasibility Study? They are an invaluable tool in evaluating the probability of success for a restaurant, hotel, or really any business. Our team at Truman Mox will compare your project’s features to others and then provide you with a financial forecast. In most feasibility studies, you can expect to receive:
- Review of the competitive set of businesses.
- Establish trade areas
- Review and identify traffic and barriers for your proposed site location
- Review the target profile of your customer and their size base
- Evaluate performance for sales
- Evaluate the financial viability
- Plan layout and design
- Provide an onsite visit to inspect the location, community
- Review of target demographics
- Assistance in obtaining financing
- Determine your probability of financial success
Your report will be valuable for Investors, Banks, and Lending Institutions The SBA may also require a feasibility study if you are seeking SBA Financing.
Whether you are a start-up or expanding, they provide critical information that can help you make informed decisions about whether or not to move forward with a project.
Our team has an in-depth knowledge of restaurants and hotels allowing us to provide valuable insight into the success of your project. Whether a restaurant feasibility study or a hotel feasibility study. Our team can help you determine the likeliness for success.
Contact us today to get started on your feasibility study!