Coconut oil, desiccated coconut, fresh coconut and copra business are the primary products of coconut, while its by-products include copra meal, activated carbon, coconut shell charcoal and coconut coir and coir dust. Coconut end products include detergents soaps, shampoo, cosmetics, margarine, cooking oil, confectionery, vinegar, and nata de coco. Its intermediates include oleo chemicals such as fatty acids and fatty alcohols. According to the Philippine coconut Authority, the regions export shipment of copra meal for 2009 amounted to 31, 500 metric tons which is equivalent to110, 250, 000 nuts or 1, 102, 500 hectares of coconut plantation. On the other hand, the copra importation for the same year amounted to 52,156. 08 metric tons which shows that there stills a need for coconut plantation. In addition, aside from copra, there are still different products that can be produced out of coconut which was mentioned earlier. The great demand of coconut is highly imposed by the different products that it can produce. Thus, it is among the investment opportunities being pushed through.
Of the exported products, copra, the dried kernel, is a major source of vegetable oil and coconut oil, and shredded and dried kernel is widely used in the bakery and confectionery trades as desiccated coconut. Copra cake, left after oil extraction, is a valued animal feed, especially for dairy cattle. The leading coconut producer nations are (in order) the Philippines, Indonesia, india, sri lanka, thailand and Malaysia. In the Philippines, coconut industry is the oldest and most strategic agricultural industry, providing vital economic support to rural communities in the country. It affects the lives. 4 million farmers directly deriving their income from coconuts and another 23 million Filipinos indirectly depending their livelihood. Coconut remains a top agricultural export, annually earning an average of US631. We will write a custom essay sample. Feasibility Study of the bangus Business or any similar topic specifically for you.
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Content might be key, but the presentation is equally important because you want to engage people from the start or they won't pay attention to the details. Make sure your cover letter has impact. Design a cover sheet and assemble a table of contents. Gather everything in hemingway an attractive binder or portfolio. Should you hire an Expert Consultant? If you just don't have the time to complete a feasibility study, it might make sense to hire a consultant to manage and conduct it for you.
Ask colleagues for referrals and thoroughly research consultants with expertise in your chosen product or service area. Learn what their fees toy are. If you decide to hire someone, be clear that you want his report to be as objective and honest as possible. Otherwise, roll up your shirtsleeves and get to work. You can write a feasibility study, and you can do it well if you take your time and educate yourself a little first. Thursday, 15:11 masicap team 2011 rationale the coconut palm provides a substantial export income for many tropical countries, as well as food and drink for home consumption and fuel and shelter. Feasibility Study of the bangus Business introduction.
Don't assume that your reader already knows or anticipates hearing this information. Make sure your projected capital is adequate to cover the technical and logistical factors you've already outlined. Writing a structure feasibility Study, this covers the important details of your business's organizational structure and will help you make your feasibility study and your business plan more attractive to potential investors and clients. An organizational feasibility study defines the legal structure of your business and offers pertinent professional background information about the founders, the partners, and other principals involved in the venture, if any. It can be helpful to include a code of ethics here, along with your business's principles and practices. Address issues of employee training and accountability, as well as anti-discrimination and other labor policies.
Feasibility Study conclusions, here's where you draw the conclusions you want your potential investors and customers to understand. You don't want to introduce statements here that have not been supported by the data and other information you've already presented. Your previous study components must support your conclusions clearly and without question. Use this section to enforce items you've already mentioned and to make sure previous points are crystal clear. Avoid comments and phrases like, "I think or "I believe." Other words to avoid include "hope "anticipate and "opinion." your reader wants facts, not speculation. Presenting your Completed feasibility Study. This last but perhaps most important step involves assembling your feasibility study into a professional-looking package.
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So give a comprehensive accounting of what you expect to need to get your business off the ground, including technology, materials, labor costs, and transportation and shipping costs in clear, concise order. Writing a financial feasibility Study. The information included in your technical feasibility study must be supported by your financial feasibility study. Your technical feasibility study should flow hippie seamlessly and directly into this component. Here's where you'll address estimated startup capital. Identify and list your sources of capital, and the explain estimated potential returns on investments. Don't overlook an explanation of how an investor can expect to be paid for his support of your business. Your financial feasibility study should be comprehensive down to the most minute detail.
Writing a market feasibility Study, prepare the market components of your feasibility study first, including a description of the industry, the current market, the anticipated future market potential and industry trends, the level of your competition, sales projections, potential customers and clients, and other revenue-generating. Your challenge is to keep all this as brief as possible. Your description of the industry should be two paragraphs at most, along the lines of this example. Eliminate wishful thinking in your assessment of the current market and your competition and be conservative with your sales projections. Writing a technical feasibility Study, the technical feasibility study focuses on the technical and logistical factors that must be in place so your business can produce, store, and deliver its products or services to the public. A technical feasibility study includes details like the kinds of materials, labor, technology, and transportation you'll need, as well as where your business will be located. Remember, a loan officer or investor will be reading this, and yours is probably not the first feasibility study he's ever encountered. He's experienced, you have his attention, and you're taking his time. He expects your study to be polished and professional.
study, and that begins with understanding exactly what. A feasibility study typically includes six sections or components: a description of your business, a market feasibility study, a technical feasibility study, a financial feasibility study, an organizational feasibility study, and your conclusions. Begin gathering necessary the information you'll need to address all these issues. What do you need to accomplish to make your business work? What are some potential problems you might encounter? Devise some marketing strategies. Commit all this to writing—you'll refer back to it a time or two.
This could mean that there's no demand for your product. And don't neglect the Internet. Do a keyword shakespeare search for your product if you plan to sell it online. If it looks like a lot of people are doing a brisk business selling cherry jam or a similar product, there's a good chance that there's a demand for what you intend to sell. You also need to know who you're up against. Let's say you'd like to sell your jam at the local farmers market. Stop by the market at least twice, once on the busiest day and once on the slowest day. See how many—if any—vendors are selling jam. You should be able to judge fairly easily if your product is superior to those that you'll be competing against.
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Hero Images / Getty Images, you have a great idea for a new product, maybe a homemade cherry jam resume handed down to you by your grandmother. It's really good jam and you want to bring your idea and your product to market. That's a great beginning, but you'll probably need a business feasibility study, too. A feasibility study is a process that tests your idea's viability. It helps you to get a handle on whether your idea will fly or if it's likely to flop. Feasibility studies can also serve as a basis for creating a small business plan and a marketing plan, both of which you'll need going forward. These 10 steps and considerations can get you started. Assess Demand, if you're thinking of selling cherry jam in your area, start by visiting grocers and surveying their shelves. Do they have a paltry display?