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Feasibility Statement
In alignment with the goals of the State and Local Implementation Grant Program (SLIP), the state of
Oregon has been a major participant in broadband development at the local
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How to fill out a feasibility statement:
01
Start by clearly defining the objective of the project or idea for which you are preparing the feasibility statement.
02
Conduct thorough research and gather all necessary information related to the project, including market analysis, financial projections, and technical requirements.
03
Analyze the collected data to assess the feasibility of the project. This involves evaluating the potential risks, benefits, and resources required.
04
Present the findings of your analysis in a structured manner. This may include creating a summary of the project, providing a detailed description of the product or service, and outlining the market demand.
05
Include a financial analysis section where you estimate the project's costs, potential revenue, and profitability.
06
Assess the project's technical feasibility by evaluating the necessary infrastructure, equipment, and skills required to implement it successfully.
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Consider the legal and environmental aspects of the project, ensuring compliance with all applicable laws, regulations, and sustainability standards.
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Summarize your findings and recommendations, providing a conclusion on the overall feasibility of the project.
Who needs a feasibility statement:
01
Entrepreneurs and business owners who are considering launching a new product or service.
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Investors who want to evaluate the viability and potential profitability of an investment opportunity.
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Project managers who need to assess the feasibility of a proposed project before allocating resources and initiating the implementation process.
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What is feasibility statement?
A feasibility statement is a document that assesses the practicality and potential success of a proposed project or business venture.
Who is required to file feasibility statement?
Anyone seeking to start a new project or venture may be required to file a feasibility statement.
How to fill out feasibility statement?
To fill out a feasibility statement, gather relevant information about the project, analyze potential risks and obstacles, and provide a detailed assessment of the project's viability.
What is the purpose of feasibility statement?
The purpose of a feasibility statement is to evaluate the likelihood of a project's success and to help stakeholders make informed decisions about whether to move forward with the project.
What information must be reported on feasibility statement?
A feasibility statement typically includes information about the project's objectives, market analysis, financial projections, risk assessment, and proposed timeline.
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