Feasibility

INTRODUCTION

A feasibility Study is an evaluation tool used to determine the viability/profitability of a certain idea. It is a tool that systematically explores whether a given idea will work and whether it should be pursued further for implementation. Systematic exploration is done based on information acquired regarding the various resources that go into the undertaking associated with a certain idea. The evaluation is done based on past and existing information that are projected in the future. The resulting evaluation will serve as a basis of deciding whether the proposed idea is to be pursued or not.

As an evaluation and explanatory tool, the feasibility study finds wide uses for a variety proposed ideas; from the introduction of a new business, the adoption of new methods, and a change in organizational structure, the adoption of new technology, or to simply choose from various alternatives. If you are having an idea for a business venture, then the feasibility study will be your first recourse. By conducting a feasibility study, you will be on your first step towards putting your business ideas towards reality. Through a feasibility study, your idea starts to become real. Things that are real are easier to deal with, than when they are unreal.

Water is very essential for our daily life routine. People need to drink water in order to live. However, because of human introduction, directly or indirectly, of substances into the marine environment, our waters become polluted and undrinkable. Exposure to microbes in water can lead to nausea, fevers, diarrhea and dehydration.  Long-term exposure can cause rashes, heart disease, diabetes, cancer, and a number of immune, neurological, developmental, and reproductive problems. Because of the high demand for cleaner water, starting a water refilling station business becomes one of the most promising and profitable business today.

The financial benefit from having a Water Refilling Station business comes with...