Feasibility Study of Maria's Aquarium

Running head: FEASIBILITY STUDY OF MARIA’S AQUARIUM
FEASIBILITY STUDY OF MARIA’S AQUARIUM
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1FEASIBILITY STUDY OF MARIA’S AQUARIUM
Table of Contents
Introduction......................................................................................................................................2
Business case...................................................................................................................................2
Findings.......................................................................................................................................3
Alternative Solutions.......................................................................................................................3
Cost Benefit Analysis......................................................................................................................4
Overall cost:.................................................................................................................................4
Cost monetary value:...................................................................................................................4
Overall benefit:............................................................................................................................4
Risks Analysis.............................................................................................................................5
Recommendations........................................................................................................................5
Conclusion.......................................................................................................................................5
References........................................................................................................................................6

2FEASIBILITY STUDY OF MARIA’S AQUARIUM
Introduction
The economic feasibility is an important component in order to develop a business and assure its
sustainability. The feasibility study assure the credibility of the venture or the company
(Baporikar, 2015).Here the feasibility study is done for a company Maria’s Aquarium named
after the owner Maria who had a hobby for collecting different types of fishes (both tropical and
cold) with the increase in the numbers and the variety of fishes which have been a successful
venture for more than 25 years. They have driven attention of a large number of people which in
turned helped the organization to flourish more and more.
Business case.
Identification of the problem.
The company already have a head quarter in Central Coast and retail outlets from where the
company serves its customer.as per the demand of the clients the company wants to open three
more retail outlets in East and North West coast. The company is flourishing in a slow pace and
in order to secure the overall sustainability of the company. The company needs to take some