4-11. The four elements of a financial feasibility analysis are:

1. Project Cost: This includes the total cost required to bring the project to completion. It includes costs like raw materials, labor, technology, etc.

2. Projected Revenue: This is an estimate of the amount of money the project is expected to generate. It is usually based on market research and sales forecasts.

3. Financial Risk Assessment: This involves identifying the potential financial risks involved in the project. These could be things like market volatility, competition, or changes in government policy.

4. Financial Performance Metrics: These are measures used to evaluate the financial success of the project. They could include things like return on investment (ROI), net present value (NPV), or payback period.

4-12. Primary research is the process of collecting new data that has not been previously collected. This can be through surveys, interviews, experiments, etc. Secondary research, on the other hand, involves the summary, collation and/or synthesis of existing research rather than primary research.

4-13. The key questions an entrepreneur must ask while preparing a business model are:

1. What is the value proposition? (What unique value do we deliver to the customer?)
2. Who are our customers? (Who are our customer segments?)
3. How do we reach our customers? (What are our channels?)
4. How do we maintain customer relationships? (What are our customer relationships?)
5. What are our revenue streams? (How do we earn revenue?)
6. What are our key resources? (What resources do we need to create value?)
7. What are our key activities? (What activities do we need to perform to create value?)
8. Who are our key partners? (Who are our partners and suppliers?)
9. What are our cost structures? (What are the costs incurred to operate our business model?)

Question

4-11. The four elements of a financial feasibility analysis are:

1. Project Cost: This includes the total cost required to bring the project to completion. It includes costs like raw materials, labor, technology, etc.

2. Projected Revenue: This is an estimate of the amount of money the project is expected to generate. It is usually based on market research and sales forecasts.

3. Financial Risk Assessment: This involves identifying the potential financial risks involved in the project. These could be things like market volatility, competition, or changes in government policy.

4. Financial Performance Metrics: These are measures used to evaluate the financial success of the project. They could include things like return on investment (ROI), net present value (NPV), or payback period.

4-12. Primary research is the process of collecting new data that has not been previously collected. This can be through surveys, interviews, experiments, etc. Secondary research, on the other hand, involves the summary, collation and/or synthesis of existing research rather than primary research.

4-13. The key questions an entrepreneur must ask while preparing a business model are:

1. What is the value proposition? (What unique value do we deliver to the customer?)
2. Who are our customers? (Who are our customer segments?)
3. How do we reach our customers? (What are our channels?)
4. How do we maintain customer relationships? (What are our customer relationships?)
5. What are our revenue streams? (How do we earn revenue?)
6. What are our key resources? (What resources do we need to create value?)
7. What are our key activities? (What activities do we need to perform to create value?)
8. Who are our key partners? (Who are our partners and suppliers?)
9. What are our cost structures? (What are the costs incurred to operate our business model?)

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