C. Future/Forecast (3rd F)
Future/Forecasting is the process of identifying ultimate beneficiary/Consumer & the profit forecasting. This forecast should be done very wisely & can be used by all or any of the following factors:
c.1 Beneficiary/Consumer
c.1.1 Demographical Data
c.2.1 Numerical Data
c.2 Ways of benefits
c.2.1 Economical upliftment
c.2.2 Educational upliftment
c.2.3 Health & wellness upliftment
c.2.4 Employment sustainability/New source generation
c.2.5 Others (One can identify different factors as well)
c.3 Profit forcasting
c.3.1 Identifying Developmental Expenses
c.3.2 Identifying Operational Expenses
c.3.3 Profit margin (it can be in % or in expected turnover)
c.3.4 Calculation of Funds required (c.3.1+c.3.2+c.3.3)
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