Map the value chain
Write down who supplies raw materials, who manufactures, who distributes and who buys. Margins and power sit at different points of that chain.
Talk to buyers
Ten conversations with potential buyers will tell you more than a downloaded market report: what they buy, from whom, at what price and what they wish was better.
Study competitors
Look at capacity, pricing, channels and quality of the units already operating in your region.
Check regulation
Licensing, standards and environmental rules can change the cost and timeline of entry.
Write it down
Summarise demand, competition, pricing and risks in a short brief. It becomes the foundation of the feasibility study.
General information only — not legal, financial or investment advice. Requirements and figures vary by project and state.