Electrical Company Service Installing EV Charging Stations - Sustainable Business Plan

CW2
Sustainable Business
Plan

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAINBODY...................................................................................................................................1
Proposed future business.............................................................................................................1
Target segment.............................................................................................................................1
Examination of competitors.........................................................................................................2
Skills analysis of Electrical Installations and Maintenance Company........................................3
2-year cash flow analysis, profit and loss as well as break even analysis...................................3
Determining as well as choosing appropriate source for finance................................................3
Plan for utilising resources..........................................................................................................4
Type of business and management information system for selected organisation......................4
Vision of organisation..................................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Appendix..........................................................................................................................................7

INTRODUCTION
Business plan has been termed as detail document that shows aim and objectives of
business along with to meet them in systematic manner by optimum utilisation of resources. It
guides, entrepreneur to conduct various activities like finance, human resources and marketing.
(Bridges and Eubank, 2020). To define the business plan, the selected idea is installing EV
charging and solar panels in an electrical company to bring sustainability in country. It is a new
concept which drive attention of people to adopt eco-friendly practices in their life to reduce
pollution or its effect. The company is Electrical Installations and Maintenance Company which
install solar panels to generate electricity in order to supply power to people.
This report covers proposed future business, targeted customers, evaluation of competitors,
skills analysis, profit and loss, sources of funding, plan for utilising the resources, management
information system as well as vision of company.
MAINBODY
Proposed future business
Electrical Installations and Maintenance Company generate the idea to provide services
like EV Charging stations by using solar panels in order reduce the problems of people who have
electric vehicles. It is very effective business plan which helps people to charge their cars while
travelling on long route. It enables them or other business firms who sell electric cars to increase
their revenue and customer base (He and Ortiz, 2021). In UK, people are preferring to buy
electric cars but they faced problems regarding charging it while traveling. The owner conducts
deep research about this topic and formulate a business idea to provide services like Charging
stations. It also helps the government to reduce pollution in environment as well as increase more
power by installing solar panels on each stations. The owner must use intellectual property rights
to patent their ideas in order to maintain their business plan original and secure. The registered
their company name and new invention in government documents in order to gain trade mark on
their company logo or services.
Target segment
Owner of Electrical Installations and Maintenance Company take decisions to target B2B
and B2C segment which allow them to spread awareness about their services and reach target
1