An investor, a bank and an international donor all ask a project the same question: will it pay back, and what proves it. The answer is a feasibility study — a document in which the viability of a project is demonstrated by calculation rather than declared by intention. The Kanzas company has been preparing feasibility studies for over twenty years — for private investors, banks, state programs and international organisations.
What a feasibility study is
A feasibility study is the analysis, calculation and assessment of the economic viability of a specific project: launching a new enterprise or facility, or modernising and reconstructing existing operations. It rests on a comparative assessment of costs and results, the efficiency of the investment and its payback period. For the investor it is the core document confirming the financial stability and solvency of the future business — and for a lender, the evidence that debt can be serviced.
When a feasibility study is required
A project feasibility study is needed whenever the decision is made by someone other than the project's initiator:
- an investor deciding whether — and at what share — to enter the project;
- a bank confirming payback and the sources of debt service;
- international donors and programs, where the study is a mandatory application document;
- the owner of an operating business weighing modernisation, expansion or a new production line;
- a developer, for whom the study forms the financial core of a development concept before design begins.
What the study includes
The structure adapts to the addressee — bank, investor or program — but the financial core is constant:
- description of the project and its technical solutions, required resources and equipment;
- market analysis: demand, competition and price levels, based on our own desktop market research;
- investment budget and disbursement schedule;
- revenue and cost forecasts, cash flow modelling;
- efficiency metrics: NPV, IRR, payback period, break-even point;
- sensitivity and risk analysis.
Every figure in our feasibility studies has a source: market data, commercial quotations, statistics or valuation results. That is what separates a document that passes a credit committee from a formal report.
Feasibility study vs business plan
A feasibility study is, in essence, a condensed business plan focused on one question — whether the decision is economically justified. The business plan is broader: strategy, marketing, organisational structure and the financing plan. In a full investment cycle the documents build on one another: market analysis answers "is there demand", the concept answers "what exactly are we creating", the feasibility study answers "will it pay back", and the business plan answers "how it will be delivered and financed". We support clients at any single step of this chain or across all of it.
Track record
The Kanzas company's portfolio includes feasibility studies for projects of very different scale and nature: from the construction of a cottage community and a shopping and entertainment centre in Kyiv to studies underpinning development concepts for residential and office complexes. A separate line of work is documents for international organisations — including a feasibility study prepared for a UNICEF project, where the methodological and transparency requirements are the strictest. The calculation discipline is the same in every case: bank-grade.
Fees and timing
The fee depends on the scale of the project, the depth of market analysis and the addressee's requirements. A typical timeline is two to six weeks. After a short discussion of the project we quote a fixed price and deadline and lock them into the contract — with no subsequent adjustments.
Frequently asked questions
How does a feasibility study differ from a business plan? The feasibility study concentrates on economic viability — payback and efficiency of the decision. The business plan is wider: strategy, marketing, organisation and financing. The study often becomes the foundation from which the business plan grows.
Who is the study prepared for? For whoever decides about the money: an investor, a bank's credit committee, an international donor or the business owner. The format and depth adapt to the specific addressee's requirements.
How much does a project feasibility study cost? The price is driven by the project's complexity and the scope of market analysis. We quote after reviewing the brief — quickly and with no hidden extras.
What input is required from the client? A description of the project idea, available technical materials and any commercial quotations for equipment or construction. The market part — demand, prices, competition — we research ourselves.
Can you update an outdated feasibility study? Yes. If a project was postponed and the inputs are stale, we re-run the calculations at current prices, rates and market conditions — faster and cheaper than starting from scratch.
A project is worth exactly what its numbers can withstand. Write to us by email or messenger to discuss your project: we prepare feasibility studies on time and in the format accepted by banks, investors and international programs.
