Academic Review of Humanities and Social Sciences
Yazarlar: Yusuf GEZER, Said KINGIR
Konular:İşletme
Anahtar Kelimeler:Feasibility study,Entrepreneurship,Decision Process,Flower Industry,London
Özet: When preparing a business plan or any new business idea, the first thing to consider is the viability of the idea to be built on feasibility. Feasibility studies are important for entrepreneurs to make the right decisions. The feasibility needs to be well prepared as it contributes to the entrepreneur's assessment of all possibilities. According to the feasibility criteria in the article, investment feasibility is preferred as the cheapest and most suitable way to develop a business plan. Based on observations and research with six partners, the floriculture sector with potential in London has been preferred. This business plan, which requires much less cost to invest and less manpower with moderate business knowledge, formed the core business idea of the partners. Such businesses require small space and are growing faster with great hope in the future. According to observations, there is a huge shortfall in flower supply and quality service in London. This shortcoming has inspired the idea of starting a floriculture business to deliver fresh and quality flowers to customers. The demand for flowers in London, the increasing number of populations, special occasions, traditional festivals etc. demand is constantly increasing for different reasons such as. This flower shop feasibility study will be carried out on the basis of a partnership in which six partners can work both in the capital and in different parts of the business. Partners will make an equal financial contribution to capital formation, as the business initially requires little laying. Financial calculations show that by the middle of the first year of operation, the business may have passed the breakeven point. A feasibility study is the most important part of technological, financial human resources and breakeven analysis of investment projects. The purpose of this article is to present a systematic project analysis process and to prepare a feasibility report on a real investment project in the floriculture industry using this process.