Business Tools Blog

Business Tools Blog is a blog that shares advice, tips, and tricks for people in high tech business. This blog was named one of the top 101 Women Bloggers to Watch Fall 2008 by WE magazine for women.

In Business Tools Blog you can get useful resources such as Excel Tips and Operational Finance Definitions.

Business Tools Blog is authored by Sandi Mays, a Chief Staff for Zayo Group, a fiber based telecomunication company. She is an expert in Human Resources, External Financial Reporting, and special projects. She is also well experienced in IT, FP&A, Sales Operations, Real Estate Development, and Accounting.

Fundraising Feasibility Study

To determine if their proposed capital fund raising campaign has a good chance of success, organizations should use fundraising feasibility study.

The fundraising feasibility study should identify how much money the organization can possibly raise, how long the fund raising should take, and the costs that would be spent in conducting the campaign.

The study should also identify potential donors, strength and weaknesses of the fundraising campaign, and recommendations on how the fundraising campaign should be conducted to get the best result.

Through a good, objective fundraising feasibility study, an organization can learn what it needs to know before conducting a fundraising campaign, and whether all the critical factors for success are there or not.

Bankable Feasibility Study

Bankable Feasibility Study is a comprehensive analysis of a project's economics and is used by the banking industry for financing purposes.

Feasibility Evaluation

Feasibility evaluations provide results of interest to researchers and sponsors of the research. The typical characteristics that a feasibility evaluation tests for are functionality attributes and the possibility of extending to more general phenomena (changeability).

IT Feasibility Study

Information Technology (IT) Feasibility Study is an analysis to determine whether a business need can be fulfilled by using a technical solution. The result of IT Feasibility Study determines whether a solution should be implemented.

Steps of Business Feasibility Study

Steps of Business Feasibility Study

Planning

A. Determining
- general questions to answer
- specific questions to answer

B. Constructing a framework to answer those questions

C. Determining the data needed

D. Determining the steps and followed by implementing the Business Feasibility Study

Definitions of Business Feasibility Study

Business Feasibility Study Definition:

Activities / efforts / analysis to measure the cost and benefit of a business project in order to define the efficiency and effectiveness of the project's method and tools (according to economic theory)

Other definitions of Business Feasibility Study:

- Activities / efforts / analysis to determine if a business opportunity is possible, practical, and viable (according to Heath Hoagland and Lionel Williamson, 2000)

- Activities / efforts / analysis to examine critical opportunities and obstacles that might make or break the proposed business (according to South Dakota Small Business Development Center)