Feasible
Market, technical, legal, and financial aspects support the project going ahead.
Feasible with conditions
The project can proceed if certain conditions and risk mitigations are met.
Not feasible
An objective result that protects you from risky investment decisions.
Introduction
What Is a Feasibility Study?
A feasibility study is a comprehensive assessment of whether a business plan or project is viable in terms of market, technical, legal, management, and financial aspects before capital is committed. The result is a clear conclusion: feasible, feasible with conditions, or not feasible, complete with reasons and supporting figures.
Financially, a feasibility study tests whether project revenue at stabilized conditions can cover all costs, including the expected profit. For rental property, the measure is market value. For projects developed into several units for sale, the measure is gross sales. If you already have a minimum required return (hurdle rate), share it at the start so it can be used as the feasibility benchmark.
When you need us
When Do You Need Feasibility Study Services?
- Building or expanding a factory, hotel, property, or business facility
- Applying for financing or an investment loan from a bank
- Seeking investors or partners and needing credible analysis documents
- Comparing alternative locations, technologies, or project scales
- Preparing a basis for decisions by directors or shareholders
- Meeting permit requirements or public-private cooperation requirements
Scope
Aspects Covered in a Feasibility Study
- 1
Market and marketing aspects
Market size, demand, competitors, target segments, pricing, and sales projections.
- 2
Technical and operational aspects
Location, capacity, technology, building and equipment needs, and the operating plan.
- 3
Legal and permitting aspects
Land legality, business permits, and applicable regulations.
- 4
Management and HR aspects
Organizational structure and workforce needs.
- 5
Environmental and social aspects
Impact and compliance with relevant environmental requirements.
- 6
Financial aspects
Investment cost, cash flow, NPV, IRR, payback period, break-even point, and sensitivity analysis.
Service types
Types of Feasibility Studies We Prepare
Business feasibility study
For new businesses or expansion of existing ones.
Investment project feasibility study
For physical projects with large investment values.
Property feasibility study
For developing or redeveloping land and buildings.
Industrial and factory feasibility study
Covers capacity, technology, and land requirement studies.
Feasibility study for financing
Prepared to meet the analytical needs of lenders and investors.
Deliverables
What You Receive
- A complete feasibility study report with conclusions and recommendations
- A financial model (spreadsheet) with traceable assumptions and projections
- Sensitivity and scenario analysis (optimistic, base, pessimistic)
- An executive summary for decision-makers
- A presentation and results discussion session with your team
Process
Our Work Stages
- 1
Consultation and initial brief
Understanding the goals, project plan, and report requirements.
- 2
Data collection
Data from you, field surveys, and market research.
- 3
Analysis
Study of the market, technical, legal, management, and financial aspects.
- 4
Report and financial model preparation
A complete draft for joint review.
- 5
Presentation and revision
Discussion of results, feedback, and report finalization.
Feasibility Study or Highest and Best Use Analysis?
A feasibility study fits best when you already have one or two property or project uses you believe are right. It is more detailed because it contains in-depth market analysis for those uses. Highest and best use analysis compares many alternative uses to find the highest return, so detail per alternative is more concise. If you are not sure which use gives your land or property the maximum value, start with highest and best use analysis.
Learn about Highest and Best Use →Track record
Feasibility Study Projects We Have Completed
Energy, agribusiness, and logistics infrastructure. See more on the portfolio page.
Feasibility Study of the PT Parama Mitra Energi Bio-Pellet Plant
A bio-pellet plant to replace coal for PLTU co-firing, Bekasi.
View project: Feasibility Study of the PT Parama Mitra Energi Bio-Pellet Plant
Feasibility Study of the PT Panah Perak Margasarana Bio-Pellet Industry
A biomass-based bio-pellet business study: market, technical, financial, ESG.
View project: Feasibility Study of the PT Panah Perak Margasarana Bio-Pellet Industry
Feasibility Study of a Grand Parent Stock Chicken Farm for PT Berdikari
A Grand Parent Stock farm with closed house system and biosecurity.
View project: Feasibility Study of a GP Chicken Farm for PT Berdikari
Railway Feasibility Study for PT Darma Satya Nusantara
A railway line transporting palm oil in Kalimantan.
View project: Railway Feasibility Study for PT Darma Satya NusantaraAdvantages
Why Choose JULIZAR?
| Status | Advantages | Explanation |
|---|---|---|
| More than 15 years of experience | preparing feasibility studies | |
| Data-based analysis | with transparent assumptions that can be retested | |
| Neat reports that are easy to understand | for directors, banks, and investors | |
| Objective approach | conclusions follow the data, not client wishes | |
| Direct communication | via WhatsApp and meetings in South Tangerang |
Investment
How Much Does a Feasibility Study Cost and How Long Does It Take?
Cost and duration depend on scope: project type and scale, depth of market analysis, number of alternatives or scenarios, field survey needs, and the completeness of data from you.
We provide a quotation and time estimate after the initial brief. The first consultation is free.
Related services
Other Services Often Used Together With Feasibility Studies
Market research to complete the market analysisHighest and Best Use analysis to determine land functionCost Estimate (RAB) for investment cost estimationQuantity Surveyor for project cost controlConstruction management once the project is declared feasibleWeb design for your business and company profile website
Frequently Asked Questions (FAQ)
How much does a feasibility study cost?
Cost is determined by scope: project type and scale, depth of market analysis, number of scenarios, survey needs, and data availability. We provide a quotation after understanding your needs through an initial brief.
How long does a feasibility study take?
Duration depends on project complexity and how quickly the client provides data. We give a time estimate together with the quotation.
Can a feasibility study report be used for a bank credit application?
Reports are prepared systematically with aspects and indicators commonly reviewed by lenders and investors. Financing decisions remain the authority of each financial institution.
What data do I need to prepare?
Generally a description of the project plan, location and land, estimated investment cost, operational or financial data (if the business is already running), and available legal documents. We help fill data gaps through research and surveys.
What is the difference between a feasibility study and a business plan?
A business plan explains how the business will be run. A feasibility study tests whether that plan is viable and produces an objective conclusion, including the possibility of a "not feasible" result.
Does a feasibility study guarantee my project is declared feasible?
No. A feasibility study is objective, so the result can be feasible, feasible with conditions, or not feasible. That is precisely how you avoid risky investment decisions.
What indicators determine whether a project is feasible?
The main financial indicators are a positive NPV, an IRR higher than your cost of capital or minimum return threshold, and a payback period and break-even point still within tolerance. If the project is financed by a loan, the DSCR ratio is also assessed. The final conclusion also considers sensitivity analysis and non-financial aspects such as market, technical, and legal.
Is a feasibility study only for large-scale projects?
No. The scope and depth of the study can be adjusted to your business scale and needs, whether for a new business, an expansion, or a large investment project.
When does a feasibility study need to be updated?
An update is needed when key assumptions change significantly, for example selling prices or costs, interest rates, regulations, project capacity or design, or when the project is only started long after the study was completed.
Is my company's data and information kept confidential?
Data and documents you submit are treated as confidential and used only for your study. If needed, confidentiality can be set out in a non-disclosure agreement (NDA) before work begins.
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