A solar power business plan is typically planned on a 5-year basis with both regards to the business plan and financial plan. A business plan should include an executive summary, comprehensive marketing plan, operational growth plan, and list of all inventory. The business plan should be comprehensive and the financial plan should be planned on a 5-year basis with detailed revenue, expense, growth, and capital expenditure planning. The financial plan should have at least monthly detail in year 1 and quarterly detail in year 2-5.
Government incentives has propelled the industry over the past decade along with public support. Look for more and more companies going "green".
A business plan should include:
- Industry Background
- Products/Services
- Pricing Strategy
- Competitive Analysis
- Hours of Operation
If you are interested in starting a solar power company, you will need a solar power business plan. For a free consultation and information session contact CWA at (888) 300-3090. Capital West Advisors is one of the most experienced business planning firms in the U.S. and develops world-class business plans.
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