Description

Project idea: An online store specialized in selling prayer beads at competitive prices. The project aims to meet market demands for prayer beads by offering high product quality, competitive pricing, and unique, diverse customer experiences, with a strong focus on quality and innovation. Do you provide prayer beads and design the store for the project? If you'd like us to design the online store for your project, contact the Faselah team. The project has high market acceptance, and you can even start it from your room. We provide you with wholesale prayer bead suppliers. What does the feasibility study for this project include? Technical Study General project introduction Executive summary Project description Project objectives Organization and management Legal and organizational structure Required licenses Steps to obtain licenses Project business model and strategy Project strategy Challenges and available solutions Products offered and their prices Daily and annual operations Construction costs Market Study Market analysis Market structure and size Market size and demand Competitor analysis Available opportunities High demand Demand drivers SWOT analysis Marketing strategies Customer acquisition strategy Marketing and advertising plan Timeline Potential risks and risk management strategies Financial Study Expected costs Fixed costs Monthly operational costs Setup costs Projected cash flow (cash flow statement) Projected balance sheet Projected revenues and profits Financial return analysis Five-year financial and revenue plan Expected annual revenues Total annual costs Expected annual profits Annual income projections Five-Year Operational Plan Project action plan Plan phases Implementation plan Timeline Technological requirements Marketing software Sales strategy Sales forecasts Sales programs Exit strategy Study conclusion