Feasibility Study will include financial viability of the business. This may includes some theoretical studies and financial calculations. Theoretical studies include discussion about the nature of business and the scope and extent of it operations. numerical Calculations includes forecasted Cash flow statement, Income and Expenditure Statement and Balance Sheet etc of the organization. The income and Expenditure Statement (also called Profit and Loss Account) and the Cash Flow Statement are usually prepared for a period of more than one year. Other techniques as per client's requirements will also include: 1. Net Present Value (NPV) Calculations, 2. Internal rate of Return (IRR) 3. Break Even Analysis etc.