Solar business presentation( plan)

How You Start a Business
( Details Business Plan )
Course : Introduction to Business

1. SOLAR PANELS AS A COST EFFICIENT ENERGY SOURCE BUSINESS PLAN

2. NAMES ID Moin Sarker 111 113 019 Sylvia Ahmed 111 113 093 Amir Hossen 111 113 054 Shawlin Baten 111 113 036 Sabrin Sultana 111 113 150 Towhid Hasan 111 113 052 GROUP MEMBERS

3. The Opportunity Our aim is to provide the fastest way to overcome the energy shortage through electrification based on solar energy by offering products that would be cost effective in the long run for harnessing renewable energy (RE ) Main focus is the creative application of solar technology and creating awareness

4. The company Company name - Power Wow Energy Capture the sun , Green all the way Power Wow Energy

5. Current Situation Huge electricity crisis in Bangladesh . Use of UPS / Generators leads to high utility bills . Non polluting: no noise, no harmful or unpleasant emissions or smells. M ost solar panels have a 20 year warranty and even a longer life expectancy . No import duty on solar chips – reduction in expenses.

6. We have 4 partners in our business. We are doing partnership business. We are starting this business as new. Company locations – We chose the residential area Mirpur for our company office location and there we will use a space for our product storage. Company summary

7. Mission Statement To properly initiate, market and provide best solar lighting systems, while considering customer's cost cutting factor in this economical era and keeping our solar panels affordable, keeping customer requirement in focus

8. HOW SOLAR WORKS

9. P roducts & S ervices System Parts Solar panel Battery Inverter Those all 3 things all together will be provided by us as a package for the consumers.

10. Economical Packages SL. No. Load Package Included Using Time( pd ) Package Price 1 2 Pic. CFL Lamp- 20 watt & 2 Pic. Ceiling Fan 2 Pic . 70/75 Wp Solar Module, 2 pic . 60 Ah Industrial Battery , 1 No. 400VA pv-Inverter . 4 hours 60,000 2 3 Pic. CFL Lamp- 20 watt & 3 Pic. Ceiling Fan 4 Pic . 50 Wp Solar Module, 2 Pic . 100 Ah Industrial Battery , 1 No. 600VA  pv-Inverter . 5 hours 90,000 3 4 Pic. CFL Lamp- 20 watt & 4 Pic. Ceiling Fan 2 Pic . 130/135 Wp Solar Module, 2 Pic . 130 Ah Industrial Battery , 1 No. 800VA pv-Inverter . 5 hours 1,20,000 4 5 Pic. CFL Lamp- 20 watt & 5 Pic. Ceiling Fan 4 Pic . 85 Wp Solar Module, 4 Nos. 80 Ah Industrial Battery ,  1 No. 1000VA pv-Inverter . 7 hours 1,50,000

11. SL. No. Load Package Included Using Time Package Price Silver package 4 Pic . CFL Lamp- 20 watt, 4 Pic . Ceiling Fan & 1 No. 21˝ Color TV point 4 Pic . 85 Wp Solar Module, 2 Pic . 80 Ah Industrial Battery,  1 No. 1000 pv -Inverter. 5 hours 1,45,000 Diamond package 5 Pic . CFL Lamp-20 watt, 5 Pic . Ceiling Fan & 1 No. 21˝ Color TV point 8 Pic . 50 Wp Solar Module, 4 Pic . 100 Ah Industrial Battery , 1 No. 1000VA pv-Inverter . 6 hours 1,80,000 Gold package 2 Pic . CFL Lamp- 20 watt, 2 Nos. Ceiling Fan & 1 No. Computer 4 Pic . 65 Wp Solar Module, 2 Pic . 130 Ah Industrial Battery , 1 No. 1000VA pv-Inverter . 5 hours 1,20,000 Platinum package 2 Pic . CFL Lamp-20 watt, 2 Pic . Ceiling   Fan, 1 No. 21˝ Color TV point & 1 No. Computer 4 Pic . 85 Wp Solar Module, 4 Pic . 80 Ah Industrial Battery ,  1 No. 1000VA pv-Inverter . 6 hours 1,50,000

12. Economical package 1 B attery Inverter 7 5 watt Solar panel For economical package 1 you will need 2 unit 70/75 Wp Solar Module, unit 60 Ah Industrial Battery and 1 Inverter . Its output will be above 150 watt. PRICE – 60,000/-

13. Platinum package B attery Inverter 85 watt Solar panel For PLATINUM package you will need 4 unit 85 Wp Solar Module, 4 unit 80 Ah Industrial Battery and 1 Inverter . Its out put will be above 350 watt. PRICE – 1,50,000/-

14. Feasibility Economical package 1 Tk. 60,000/- Actual cost Tk. 40,000/- Transport (import + delivery) Tk. 4000/- Advertisement Tk. 4000/- Estimated profit Tk. 12000/- Ratio. Profit (60000/12000) 5 %

15. Feasibility Platinum package Tk 1,50,000/- Actual cost Tk 1,00,000/- Transport (import + delivery) Tk 4,000/- Advertisement Tk 4,000/- Estimated profit Tk 42,000/- Ratio. Profit (1,50,000/42000)3.75%

16. Management The management would comprise 5 Managers, in Marketing, Finance and Electric , Administration , Public Relation. There is also one sells team and one accountant There are three highly skilled electricians . If sells team are able to increase the sell they will get some percentage of this .

17. Hierarchy CEO Marketing Manager Finance Manager Electric Manager Sells team Accountant Electrician 1 Electrician 2 Electrician 3 Admin. Manager P.R. Manager Customer Care Executive

18. Suppliers Our main suppliers would be Chinese for solar chips Major suppliers are: Coursertech Co., Ltd Delight Lighting Co., Ltd. Danyang Hopesun World Business Co.Ltd . Greenwood Solar China. Co Ltd We also get our battery and inverter from our local market.

19. Competitors INTRACO group Bright Green Energy Foundation BD Power tech international Main Competitors STRENGTH WEAKNESS No any other source for electricity. No taxes on importing soler The competitors are not very much effective. They are unable to create demand . 10% Lower price rate then any other competitors. Customers have lack of knowledge about solar . Some very big companies are related with this. Solar panel have to clean regularly. Some management weakness.

20. Financial plan Each of our four investors, who have been specified in the management section, has decided to invest Tk. 20,00,000/- each making a total of Tk. 8 0,00,000/-. Since all our investors are investing equally, the company’s profits will also be shared equally If any of our members wants to leave his partnership he can only sell his share to the remaining 3 members

21. Important Assumptions Year 1 Year 2 Sales 50 unit Tk 63,43,750/- (-) Cost of sales 50 unit Tk 45,56,250/- profit 50 unit Tk 17,87,500/- (-) Expenses 1 year Tk 12,96,000/- Over all profit 1 year Tk 4,91,500/-

22. Target market In the M irpur area there are many scope for us where we can sell our packages Household users Party decorators Educational institutes , Hospitality service providers Saloons , Fast foods , Furnishers store. Corporate sector , Garments

23. Marketing Strategy Sales Program: At the first year of business our target was to stay in the market with a low profit. After some time we became established , we raise our package rate and take a profitable amount of money from the buyers. Advertisements on billboards and news paper Developing a web page for B2B services and B2C services. Also giving some discounts on packages . Above the Line

24. Conclusion If everything goes well on our plan we hope we are able to take our market with in 1 year . We are not only take profit our mission is also to say the people that “ WE WILL USE LESS ENERGY ”.

25. Thank you for listening