August Brown conducted the feasibility analysis for a large non-profit land conservationist company located in Washington State to prove their plans to develop new public housing units from culled trees in protected forests of the state. The plan called for bringing in European technology for the conversion of the trees to cross-laminated timber (CLT) and glue-laminated timber (glulam or GLT) to serve as the building framework for modular units. The study proved that the model reduced the total time and cost for new modular manufacturing units for the public housing sector.
If you work in a bank, private equity, or investment firm, you are likely already familiar with feasibility studies and their use in properly supporting the evaluation of a proposal. However, a feasibility study is often an unfamiliar tool to business owners and is one that could have a dramatic impact the success of their initiatives. It is important to talk to your clients about what a feasibility study is, how it can benefit them, and how to choose a qualified firm to conduct it.
The August Brown Client, a Colorado 501(c)3, sought $46 million to complete the construction, the purchase of the equipment and the financing of the soft costs for the development and launch of its Film Center.
As founder and partner of tech-focused Milwaukee consulting firm August Brown, Dr Gordon Nameni helps companies take their technologies and products across the R&D/commercial gap, create new products from emerging technologies, explore AI and automation possibilities and scout supply chain opportunities. He founded the company in 2011 after completing a Fulbright Fellowship in South Africa and then a National Science Foundation Corporate post-doctorate at AO Smith Corporation.
When considering how to increase profitability, do you focus on increasing revenues or cutting costs? Over the last several months, August Brown has been working with industrial goods manufacturers that are seeking to increase revenues and profitability. In this sector, it is easier to impact profitability in the short run by focusing on cost reductions.