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OBVIOUSLY FOR A NEW SECTOR, WHERE NO COMPETITION YOU NEED TO PREPARE A FEASIBILITY TO YOUR OWN. HAVING SAID THAT, YOU HAVE TO PUT ALL YOUR RESEARCH TOGETHER TO PROVE THE VIABILITY OF THE PROJECT.
RATING AGENCIES IS ONE OF THE SOURCES AMONG MANY OTHER GLOBAL INVESTMENT AND RESEARCH CENTERS THEY USUALLY PUBLISH THEIR WEEKLY REPORT, YOU WILL FIND GOOD NUMBERS,OUT THERE..
1) Projected cash flow and profitability.
2) Existing investment by the promoter in any other business.