The book presents the skills for preparing the Techno Economic Feasibility Report (TEFR) for entrepreneurs to take decision to enter into a new business venture. Before starting any new business, it is very important to prepare a TEFR to assess th...
The book presents the skills for preparing the Techno Economic Feasibility Report (TEFR) for entrepreneurs to take decision to enter into a new business venture. Before starting any new business, it is very important to prepare a TEFR to assess the viability of the project. TEFR encompasses a detailed study of selection of product-mix, market potential, required plant & machinery, schedule of implementation, capital cost of the project, production cost and profitability. TEFR is not only essential for the entrepreneur to take the decision to enter the venture, but is also required to be presented to the investors, bankers and government departments issuing statutory permissions.