The victorious economic manager must be frequently alert for potentially commercial speculation substitute. As a minimum, adequate new investment should be assume to maintain or increase efficiency and to produce a level of income that will meet the needs or goals of the family. Beyond this successful, growing business relies on a selection of new projects that can be applied to expand the operation. Regardless of specific method used, capital investment psychoanalysis requires exact data on costs and returns. Normally, the primary investment outlay cans be estimated with reasonable exactness. However, future costs and benefits and the predictable useful life of the investment are much more difficult to educated guess. The strength of the results will depend upon the quality of input information. Thus every effort must be made to obtain realistic estimates of cost and benefits.
At last in investment psychoanalysis is to select the substitute based on the preceding assessment and execute the project. Although this phase would appear to be clear-cut, assemble the project.