Factors And Legal Aspects That Affect Business Feasibility Studies

In every business and business carried out, of course, business actors always want the best for their business, therefore in every business, a study is first carried out to determine the feasibility of the business plan or business to be carried out.

Business Feasibility Study Factors

In every business, of course, there are factors that influence the business feasibility study. There are several factors that affect the depth of a business feasibility study.

The volume of investment or the size of the funds invested in a business or business also affects the depth and seriousness of a business being run.

Business uncertainty is a business uncertainty that will be carried out in running a business. This uncertainty can reflect the difficulty in predicting things that might happen in the future when a business is run. The more difficult the factors related to business are predicted, the more influential it will be in running a business. For example, fluctuations in the rupiah exchange rate are a form of uncertainty in business.

The complexity of the variables that affect a business, in the sense that the more complicated and the many variables that must be taken into account in a business, the more in-depth a feasibility study must be carried out.

In addition to business factors, there are also legal factors that affect a business feasibility study. In this case the legal factor that affects the depth of the business feasibility study is the legality factor. From a legal point of view, this legality aspect when viewed from a demographic perspective, we divide it into legal legality and environmental legality.

Environmental legality, in this case the community or residents who live around the place of business that is about to be opened. The legality of the surrounding environment also includes the customs and culture of the community whether the form of business that we will open in the area is contrary to the norms of the surrounding area.

In terms of state law, the legal aspect is of course closely related to legality based on state law. In this case, especially in Indonesia, if a business or business is to be opened, of course the business or business must obey and not violate the legal norms that apply in Indonesia.

Business Feasibility Study Aspects

In every business feasibility analysis there is always a link between one aspect and another so that in each of these aspects there is a continuity. There are several aspects that must be studied every time we determine the feasibility of a business. Each aspect is always related and does not stand alone in the sense that every aspect that affects the business there is always continuity between one aspect and another.

The legal aspect in a business feasibility study concerns everything related to the legality of a business or business that is about to be carried out. The legal provisions that are followed are of course the provisions of state law, but it must not be forgotten that the provisions of customary law or regional norms that apply to the domicile of the business must also be taken into account.

The legal provisions include a location permit, a company establishment deed from a notary, a taxpayer identification number, a company registration certificate, a business place permit from the local government, a partner certificate from the local government, and a trading business license.

The legal aspects of the law above must be fulfilled by business actors considering that in every legal business or business, business actors must obey state law and applicable regional regulations for the sake of smooth and stable business.