FEASIBILITY STUDIES & BUSINESS PLANNING
To determine the best value use of resources to achieve the objectives of an intervention, a robust appraisal of the viability of a proposal is necessary. Assessment of a project's feasibility and subsequent business planning enables project promoters to proceed with applications for funding.
BiGGAR Economics has worked with a range of public and private sector clients in financial assessments of projects in accordance with UK and Scottish Government Guidance and with best business practice.
Our approach to feasibility and business planning exercises involves a detailed assessment of income and expenditure generated by a project and the construction of a bespoke financial model that examines capital and revenue costs, markets and demand levels, revenue projections, cash flow and profitability.
PROJECTS
- feasibility study for the development of Milton Keynes Technopole an initiative to develop a physical science park next to the Open University which would also be the base for a regional initiative to provide support to innovative companies;
- preparation of a business plan for Clydebank Rebuilt, Scotland's first Urban Regeneration Company;
- feasibility study of the University of Aberdeen's Life Sciences Innovation project, co-located with the Medical School and Aberdeen Royal Infirmary and designed to incubate spin-out companies and facilitate the growth of established life sciences companies;
- business plan assessing proposals to develop the Titan Crane listed structure in Clydebank as tourist attraction, including an assessment of demand for the attraction, economic impacts and a financial assessment of the viability of the attraction;
- feasibility study for the establishment of a business incubator in the Tallaght area of South Dublin County;
