Discover Why a Feasibility Study Is So Important

Discover Why a Feasibility Study Is So ImportantDiscover Why a Feasibility Study Is So ImportantA feasibility study looks at the viability of a geschftlicher umgang venture or project with an emphasis on identifying potential problems. The study attempts to answer two main questions Will the proposed geschftsleben/venture work, and should you proceed with it? Before you start to write your business plan, its important that you first identify how, where, and to whom you intend to sell your product or service. You also need to assess your competition and figure out how much money you will need to start your business- and more importantly, how much it will take to keep it running smoothly until it is well established. A feasibility study also addresses such important issues as where (and how) the business will operate. If done properly, your feasibility analysis will provide in-depth details about all the various components of your business to determine if it can succeed. In the end, th is document will serve as a valuable tool for developing a winning business plan. Why Feasibility Studies Are So Important The information you gather and present in your feasibility study will help you Identify all the things you need to make the business workPinpoint logistical and other business-related problems and solutionsDevelop marketing strategies to convince a bank or investor that your business is worth considering as an investmentServe as a solid foundation for developing your business plan Location, Location, Location Even if you have a great business idea, youll have to find a cost-effective way to market and sell your products or services. This is especially important for storefront retail businesses where the location you choose could make or break your business. The right store in the wrong place is doomed to fail. Mostcommercial space leases place restrictions on businesses that can have a dramatic effect on income. A lease might limit business hours or days , or parking spaces. It might restrict what products or services you can offer. In some cases, it can even limit the number of customers a business can receive each day. Also, youll need to ask yourself if you should you rent space in a business park, industrial park, or retail location- because different types of commercial real estate propertiesall have pros and cons. 6 Components of a Feasibility Study Description of the Business. This describes the product or services to be offered.Market Feasibility.This includes a description of the industry, the current market, anticipated future market potential, competition, ausverkauf projections, and potential buyers.Technical Feasibility.This details how you will deliver your product or service, including issues of materials, labor, transportation, where your business will be located, and the technology needed.Financial Feasibility.You need to project how much startup capital youll need and examine potential sources of capital and r eturns on investment. Organizational Feasibility. This examinesthe legal and corporate structure of the business. You can also include professional background information about the founders of the business and what skills they can contribute to the business.Conclusions. You should discusshow you envision the business succeeding. You need to be honest in your assessment because investors wont look at your conclusions and take that as proof. They should also look at the data and question your conclusions if they appear unrealistic. Feasibility studies contain comprehensive, detailed information about your business structure, products, services, and the market. They also examine the logistics of how you will deliver a product or service and the resources you need to make the business run efficiently.

5 Keys to Composing an Impactful Resume

5 Keys to Composing an Impactful Resume5 Keys to Composing an Impactful ResumeTry this exercise with a friend or loved oneGive the other person your resume, but limit their reading time to six seconds and instruct them to show you how much they were able to assimilate in that limited time. See 10 Items to Banish From Your Resume.Why six seconds? Because thats the amount of eyeball time your resume typically receives when its being first reviewed by human resources staffers or hiring authorities. If you cant convey something that grabs their attention, chances are strong they wont hesitate to hit the delete button and end your chances of being considered, no matter how well-qualified you might be.This fact should influence the decisions you make about the overall look and feel of your resume. How you organize your information, what you choose to include, your choice of words and graphic elements all should contribute to a clear and coherent message that can be grasped in six seconds. Even a simple line across the page can facilitate a readers understanding or detract from it, depending on how it is used.Here are some things you should strive for when creating your resume.Readability. Make certain that even at a distance, your page looks inviting to read and that it is easy to follow the various sections, such as Skills, Professional Experience, Education, etc. Using color to highlight the section titles can make a difference in this regard.Is there enough white space on the page to avoid looking like a solid blob of ink? Have pity on people with poor eyesight by not going any lower than 10-point type. Use standard, easy-to-read fonts like Calibri or Optima, or others with similar weighting. See 10 Things Your Mom Didnt Teach You About Job Searching.Audience accessibility. It is likely that within your target company, a variety of types of people with diverse backgrounds and roles will be reading your resume. For example, HR, financial and technical professionals all may weigh in on a resumes value. It is important that the document speak to each of them in ways that they can appreciate and value. Especially if you are in a field with its own particular vocabulary that is unknown to non-specialists, make sure you do your best to explain things in a way that can be commonly understood. When you list obscure tools or techniques that you are accustomed to using, take pains to also convey what results or accomplishments you attained by using them.Present your personal brand. It might be that your resume surfaces because it came up in a sourcers search as possessing the right keywords. Congratulations But now, as they begin to read it, a succinct and well-crafted branding statement at the top can truly set your document apart from others using the same keywords. In the top few lines, just under your personenname and contact information, it is essential that you give a helicopter view of yourself, conveying your essential qualities, areas of expe rtise and specific content that only you can offer the employer. Keep it to no more than four or five lines, topsSee Tips for Surviving a Career Transition.Get rid of ambiguities. A resume recently reviewed by your author had this line Devised solutions that produced the desired results. Lines like this convey no real information and leave questions about the candidates ability to communicate clearly. When asked, What were the problems requiring solutions? What kind of solutions did you develop? What were the desired results and how were they achieved? the response was Ill get into that when I have an interview. Sadly, ambiguous statements like these are counterproductive to getting the desired interview, and are likely to sink ones chances of getting to the point of explaining their exceptional skills and talents.Avoid stock phrases and cliches. Expunge what you think a resume has to have if you believe stock phrases like aggressive go-getter, results driven, or excellent communica tion skills are necessary. Youll immediately generate a yawn or a grunt on the part of your resume reader. Theyve seen all these and more countless times Instead, utilize clearly thought out phrases and sentences that demonstrate the results your go-getter qualities generated, thereby communicating effectively.Happy hunting15 Awesome Jobs That Pay More Than $90K

Customize this Outstanding Clinical Specialist Resume Sample

Customize this Outstanding Clinical Specialist Resume SampleCustomize this Outstanding Clinical Specialist Resume SampleCreate Resume Paul Bush123 Main Street, San Francisco, CA 94122Home 000-000-0000 Cell 000-000-0000emailexample.comProfessional SummaryExperienced medical clinical specialist well versed in executing unique projects and responding to health epidemics. Especially qualified taking vital signs, drawing blood, and administering large-scale immunizations.Core QualificationsVital signsDrawing bloodFlu shotsWell-organizedAttention-to-detailMicrosoft OfficeSpoken and written communication skillsExperienceMedical_Clinical Specialist, May 2012 April 2014San Francisco General Hospital San Francisco, CaliforniaReviewed needs of patients for clinical proceduresTook vital signs and drew bloodAssisted doctors and nurses during clinical treatmentsPrepared rooms and equipment for treatmentsReported on testing resultsMedical_Clinical Specialist, December 2007 April 2012Lower San Luis Obispo Spanish Hospital San Luis Obispo, CaliforniaCollected samples for medical testingDelivered samples to relevant testing companyReported on collection results to top medical professionalsAssisted with various clinical proceduresPrepared equipment for doctors and nursesEducation2005 Bachelors, NursingLower East River Community College Stanford, CaliforniaCustomize Resume