8 Simple Steps for Market Surveys in Market Research
                     Top 8 Factors to 
Feasibility 
Factors Check Business 
Feasibility in 
Dubai
Economic Diversification
Innovation and Strategic Location
Technology Integration
Social and Cultural Feasibility Government 
Considerations Factors Regulations
Operational Feasibility Market Demand
Environmental Impact
Economic Diversification
Economic diversification involves 
expanding a country's economy by 
developing multiple industries and 
Feasibility sectors. This reduces reliance on a 
Factors
single resource, making the economy 
more stable and resilient. It's 
essential for sustainable growth and 
job creation.
Strategic Location
A strategic location is a place with 
significant geographic, economic, or 
political advantages. It offers easy 
Feasibility access to markets, transportation, 
Factors
and resources, making it ideal for 
business and economic activities. 
This enhances competitiveness and 
growth opportunities.
Government Regulations
Government regulations are rules and 
laws set by authorities to control 
business activities. These regulations 
ensure safety, fairness, and 
Feasibility 
Factors compliance in various sectors, such 
as health, environment, finance, and 
trade. They aim to protect public 
interests, promote economic stability, 
and maintain order in society.
Market Demand
Market demand refers to the total 
quantity of a product or service that 
consumers can purchase at various 
price levels during a specific period. It 
Feasibility 
Factors reflects buyers' desire and financial 
capability, influencing production and 
pricing decisions. High market demand 
indicates a strong interest and can drive 
business growth and expansion.
Environmental Impact
Environmental impact refers to a project 
or activity's effects on the natural 
environment. This includes changes to 
Feasibility air, water, soil, ecosystems, and 
Factors biodiversity. Assessing environmental 
impact helps identify potential negative 
effects and guides measures to minimize 
harm and promote sustainability.
Operational Feasibility
Operational feasibility checks if a 
project can be successfully 
implemented with existing resources 
Feasibility and processes. It determines whether 
Factors the project is feasible and manageable 
within the current operational 
framework or not. It helps to utilize 
your budget more efficiently.
Social and Cultural Considerations
It entail recognizing and respecting a 
community's values, traditions, and 
social dynamics during project planning 
Feasibility and implementation. This involves 
Factors assessing the impact on local 
communities, cultural heritage, and social 
structures to ensure inclusivity, respect, 
and benefits for all stakeholders.
Innovation and Technology Integration
Innovation involves creating 
valuable new ideas and methods. It 
includes tech advancements. 
Feasibility Technology integration in 
Factors feasibility studies assesses if a 
project can work with existing tech, 
identifies challenges, and ensures 
alignment to determine viability.
Why Indicators Consulting?
We specialize in feasibility studies and 
market research, helping businesses assess 
their viability in the local market. With over a 
decade of experience and a proven track 
record, we provide comprehensive 
assessments to ensure that proposed 
ventures align with market needs and have a 
strong chance of success.
Office 5, The Binary by Omniyat, +971 4 5700 495
Business Bay, Dubai, UAE