The best way to do an economic

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Therefore, modifications and improvements can be made to the project plan before starting its implementation to ensure its success and achieve the expected profits. Learn about: feasibility study for a project How to prepare a financial feasibility study for a small project in simple steps How to prepare a financial feasibility study for a small project in simple steps Steps to prepare a financial feasibility study for a small project Identify the types of total project costs. Calculate the total monthly profit. Calculate the net monthly profit. Calculate the monthly installment of the bank.


Financial tests. Step 1: Identify the types of total car owner database project costs. Start-up costs: These are costs that are paid once, are not refundable, and are related to setting up the business, such as: legal fees, licensing fees, and registration. Capital costs: These are the costs paid to obtain production elements, and are spent once before production begins, but can be recovered through the sale process. Operating costs: These are the costs that result from the production process, and are calculated for the duration of one production cycle, taking into account the dates of fixed costs.


Fixed costs: These are the costs necessary to operate the project under study, meaning that they do not change with any change in production volume. Variable costs: These are costs related to the level of production, meaning that they change with changes in the volume of production, and include: raw materials, workers’ wages, and energy bills. Total project costs: This refers to the sum of the costs mentioned above to start and operate the project. Step 2: Calculate the total monthly profit Monthly revenue: This refers to the quantities sold multiplied by their price, and it represents the monthly cash income of the project.