Remote business plan consultancy serving founders in Jeddah and Saudi Arabia. Work is delivered online; we have no office in Jeddah.
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What a feasibility study costs, and why

There is no single market price for a feasibility study, because no two scopes are the same. What can be compared is the work behind the quote.

  • The five factors that move a quote
  • What a low quote usually leaves out
  • How to compare two proposals like for like
  • Why this consultancy quotes per scope instead of publishing a price

Feasibility study cost is driven by scope, not by a price list. The same phrase — "a feasibility study" — can describe a two-week desk assessment of one site or a multi-month study covering several locations, primary research and a full financial model. The quote follows the work.

This page explains what moves the number, how to compare proposals, and why this consultancy quotes per scope rather than publishing a fixed price.

Why there is no fixed price

A feasibility study is not a standard product. Two projects in the same sector can need very different amounts of work:

  • one site versus five;
  • a concept with existing supplier quotes versus a concept still choosing equipment;
  • published market data versus a market where almost nothing is published;
  • a single revenue line versus a business with several products and channels;
  • a study for an internal decision versus a document that has to satisfy a lender.

Any supplier who quotes the same figure for all of those is either pricing the smallest version and losing money on the rest, or pricing the largest and overcharging everyone else.

What affects feasibility study cost

FactorWhat moves itEffect on the work
ScopeOne site, several sites, phased developmentMultiplies the research and modelling
SectorLicensing, technical complexity, regulated activityAdds specialist research and verification
Research depthDesk research only, or primary work tooFieldwork, interviews and visits cost time
Financial modellingSimple break-even, or full scenarios and funding scheduleChanges the model build and review
TimelineStandard schedule, or compressed deadlineCompression usually requires more resource
RevisionsOne review round, or several stakeholder roundsEach round adds coordination time

The first two usually explain most of the difference between two quotes.

Scope: the biggest driver

Scope is not just the number of pages. It is the number of questions the study has to answer.

A single-site assessment typically covers one catchment, one format, one cost base and one funding route. A multi-site or phased project has to compare locations, sequence investment and test whether the first site generates the evidence needed for the second.

A useful scoping conversation separates what the reader needs to decide from what would merely be interesting. That distinction often reduces cost without weakening the study.

Sector and regulatory complexity

Some sectors carry more uncertainty before the numbers can be tested:

  • food and beverage, where fit-out, extraction, storage and licensing affect the cost base;
  • healthcare and clinics, where licensing and staffing requirements shape the timeline;
  • logistics, where fleet, depot and contract terms determine utilisation;
  • industrial activity, where utilities and site requirements may rule out a location entirely.

Where regulation is material, the study should identify the approvals required and flag them for verification against the authority's current published guidance. That work takes longer than repeating general statements about the sector.

Research depth

Desk research uses published data, competitor observation and structured reasoning. Primary research adds interviews, site visits or surveys conducted in the market.

Primary research usually produces better evidence, but it requires someone physically present and it takes calendar time. If you have a local partner, staff or adviser who can gather it, the study can be designed around that input rather than pricing it in.

This consultancy works remotely. Where primary research is needed, the study says so and either relies on your local knowledge or recommends how to collect it. That limitation is stated in the scope, not discovered later.

For the Saudi-specific version of those constraints — licensing, staffing and the evidence a local reader expects — see feasibility studies in Saudi Arabia.

Financial modelling

A feasibility study needs enough modelling to answer the viability question — not necessarily the full three-statement model used in a business plan.

Modelling levelWhat it supports
Break-even and contribution marginA simple single-product decision
Monthly cash flow and rampA premises-based business with working capital
Scenarios and sensitivitiesA project where one or two assumptions decide the outcome
Funding schedule and returnsA lender or investor submission

The model level should be agreed before the quote, because it is one of the largest controllable cost drivers.

Timeline and revisions

A compressed deadline is possible, but it is not free. It usually means reordering other work or adding review capacity.

Revision rounds are similar. One structured review with consolidated comments is cheaper than five rounds with different stakeholders. The scope should state how many rounds are included and who consolidates the feedback.

Third-party market anchors

Published freelance directories and research marketplaces sometimes quote USD 1,000–3,500 for a feasibility study.

Those figures are third-party market anchors, not this consultancy's prices. They describe a wide range of scopes — from a short desk review to a multi-week study — and should only be used as a rough sanity check on the order of magnitude. A quote at the bottom of that range usually describes a much smaller piece of work than a quote at the top.

This consultancy does not publish a fixed price for a feasibility study. Every engagement is quoted per scope after a free 30-minute consultation, and the quote is confirmed in writing before work starts.

How to compare two quotes

Price alone is not a comparison. Ask each supplier for the same six things:

What to askWhy it matters
What is included, section by section?Reveals whether the scope is genuinely comparable
How many pages and what level of model?Two different products can share the same label
Is primary research included?Usually the largest hidden difference
How many revision rounds?Affects the real cost after the first draft
What sources will be used?Tells you whether the evidence is checkable
What is explicitly excluded?The most revealing answer

A quote that is 40% cheaper often excludes a section you assumed was included. The comparison should be made against the scope, not the headline figure.

What a low quote usually leaves out

  • A financial model, replacing it with a table of projections.
  • A downside case or sensitivity analysis.
  • Competitor pricing evidence.
  • Licensing and permitting research.
  • A written recommendation, replacing it with a summary.
  • Revision rounds, which then appear as additional charges.

None of those are optional if the study is going to support a real decision.

How a quote is built here

  1. Free 30-minute scoping call. We establish the decision, the reader, the evidence you already hold and the deadline.
  2. Written scope. Sections, model level, revision rounds, timeline and exclusions.
  3. Quote and currency. Confirmed in writing before work starts.
  4. Payment method. PayPal or Payoneer, confirmed with each client before quoting.
  5. Advance payment. Standard studies in full; larger scopes staged in writing.

No payment is taken through the website. The enquiry form starts the scoping conversation; it does not create a booking or a price.

Frequently asked questions

How much does a feasibility study cost?

There is no fixed price. The cost depends on scope, sector, research depth, financial modelling and timeline. This consultancy quotes per scope after a free 30-minute consultation.

Why do you not publish a price?

Because a one-page viability check and a multi-site study with primary research are different pieces of work. A published number would either mislead small projects or underprice large ones.

Do you take payment in instalments?

Larger scopes can be staged in writing, with the first stage paid in advance. The payment method and currency are confirmed with each client before a quote is issued.

The feasibility study service page explains what a commissioned study covers. If you are still deciding what the document should contain, start with the template structure or the fictional examples.

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