A. Basic background information on theindustry
B. Economic conditions of the industry
C. Implications and feasibility of entering industry
The state and status of the industry within which the
cooperative will operate should be described in as much detail as
possible and be broken down into geographic applicability (i.e.,
foreign, domestic, regional, local) to the project. The study
should include charts and graphs of industry trends (e.g., volume,
prices, byproducts, etc.), as well as a complete assessment of the
competitive environment to properly define the need or fit of the
cooperative within the industry sector. Pertinent data from
industry organizations is helpful if it can be acquired. Government
regulations and policies within the industry in question should be
fleshed out and their relevance to the proposed business explained.
Any regulations that might need to be met (e.g., environmental
impact assessments, permits, etc.) should be clarified and
analyzed. Costs associated with the government regulations and
policies of an industry will need to be documented for the
financial projections section.