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MARKET FEASIBILITY STUDY REPORT FOR THE PROPOSED INDOOR WATERMARK RESORT 84 CHALET ROAD THOMPSON, SULLIVAN COUNTY, NEW YORK Date of Report: January 23, 2014, FOR Mr. Tim Lies Project Manager EPR Properties

How to fill out market feasibility study report

How to fill out a market feasibility study report:

1. Identify the purpose of your market feasibility study report. Clearly define what you hope to achieve and what questions you want to answer through the study.
2. Begin by conducting thorough market research. Gather data on the target market, including demographics, market size, trends, and competition. Use various research methods such as surveys, interviews, and data analysis to gather relevant information.
3. Analyze the data collected and interpret the results. Identify any gaps or opportunities within the market that you can capitalize on. Assess the market's potential profitability and sustainability.
4. Evaluate the financial feasibility of your project. Determine the cost of entry into the market, including initial investment and ongoing expenses. Analyze potential revenue streams and profitability projections. Consider any potential risks or challenges that may impact the financial viability of the project.
5. Assess the operational feasibility of your project. Evaluate whether you have the necessary resources, capabilities, and infrastructure to effectively compete in the market. Consider any regulatory or industry-specific requirements that need to be met.
6. Analyze the potential marketing and distribution strategies for your product or service. Identify target customer segments and develop a comprehensive marketing plan. Consider distribution channels, pricing strategies, and promotional activities.
7. Summarize your findings and conclusions in the market feasibility study report. Clearly communicate the results of your analysis, providing supporting evidence and data. Include recommendations for next steps or actions that need to be taken based on the findings.

Who needs a market feasibility study report?

1. Entrepreneurs looking to launch a new product or service in a specific market. Conducting a market feasibility study helps them determine the viability of their idea and make informed decisions.
2. Investors and lenders who are considering funding a business venture. They rely on market feasibility study reports to assess the potential profitability and risks associated with an investment opportunity.
3. Market researchers and consultants who specialize in providing insights and guidance to businesses. They use market feasibility study reports to help clients make informed business decisions and develop effective strategies.
4. Existing businesses looking to expand into new markets or launch new products. A market feasibility study report helps them evaluate the potential success of these initiatives before investing time and resources.

Overall, anyone considering entering the market or making significant business decisions can benefit from a market feasibility study report. It provides valuable insights and analysis that can guide decision-making and increase the chances of success.

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