The Feasibility Report provides an analysis of an overall sports project. The report includes detail analysis of the market and demographic characteristics, anticipated sports participants, overview of the facility, projections of cost, financial overview, and recommendations for project development.
The Feasibility Report is an often-used document for seeking the support of outside funding sources whether the project is publicly or privately owned.
The report is focused on understanding the total feasibility of a municipal sports complex to improve local sports play and generate economic impact through sports tourism.
The feasibility report evaluates the total feasibility of a specific sports business based on proven industry metrics for financial success with local, regional, and national benchmarks as well as key performance indicators.