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*OBI or Our Barangay Inc. is a non-profit organization in the Philippines with SEC Registration No. CN201027908 aimed to establish connectivity of all barangays to the internet, empower residents by active participation in its governance and assist barangays to become well-informed using information and communication tools (ICT) for development. | *OBI or Our Barangay Inc. is a non-profit organization in the Philippines with SEC Registration No. CN201027908 aimed to establish connectivity of all barangays to the internet, empower residents by active participation in its governance and assist barangays to become well-informed using information and communication tools (ICT) for development. | ||
==Business Feasibility Study== | ==Business Feasibility Study== | ||
Why write a feasibility plan? The feasibility plan is not a formal document but it can be considered a structured formal commercial report. It is your first reality check. (The marketplace will be the real check.) | |||
First and foremost, read these basic Instructions: | First and foremost, read these basic Instructions: | ||
#Write a cover letter to potential investors outlining your product or idea. Show how you have researched and come to a conclusion that your product or idea is viable. | #Write a cover letter to potential investors outlining your product or idea. Show how you have researched and come to a conclusion that your product or idea is viable. | ||
#*A business plan cover letter provides a summary of the purpose of your business and how you plan to accomplish that purpose. The audience is most often a potential investor or group of investors. Given the purpose and audience, the letter should be written in a persuasive manner and detail the desired investment amount, as well as what type of return the investor can expect to receive. | #*A business plan cover letter provides a summary of the purpose of your business and how you plan to accomplish that purpose. The audience is most often a potential investor or group of investors. Given the purpose and audience, the letter should be written in a persuasive manner and detail the desired investment amount, as well as what type of return the investor can expect to receive. | ||