
ECONOMIC FEASIBILITY STUDIES
Feasibility studies provide top management, financial institutions and investors with an independent third-party evaluation of the costs, benefits and risks associated with investments in new ventures or improvements to existing operations.
BECK staff members have completed numerous economic feasibility studies and analyses of both new construction and major modernization projects for forest products-related businesses. These studies typically evaluate the following factors:
Raw material availability and cost
Target markets, product lines and market trends
Processing equipment capabilities and projected performance
Capital costs
Expected manufacturing and overhead costs, including labor costs and associated staffing requirements
Projected yields for both primary products and by-products
Assessment of competitive position and key competitors
Management experience and expertise
Overall financial performance and sensitivity to changes in key variables impacting profitability
Project risk factors