Business plan Assignment Example | Topics and Well Written Essays - 1000 words

Business plan - Assignment Example SolarWorld is a small scale business operating in the renewable energy industry, and the company was founded in 1999. The company is committed to the production and distribution of photovoltaic products across the major cities of the United States. The company raises most of its revenues from the sale of solar panels. The modern world is extremely aware of the threatening environmental issues like global warming and climate change, in which combustion of fossil fuels is a major contributory factor. In addition, fast depletion of non-renewable energy sources poses serious threats to the industrial world and personal lives because continuation of this trend would end up in severe energy crisis. In this context, renewable and potential energy sources like solar energy have greater scope, because they can serve the human/market needs without hurting the environmental sustainability (EPA). The products and services offered by the SolarWorld can really assist the modern world to meet its g rowing energy needs in an eco-friendly way. Currently, the SolarWorld serves the energy needs of many of the country’s local government organizations and other reputed industrial sectors like auto manufacturing. The company maintains a potential workforce which is capable of delivering uninterrupted and quality services to its clients on a regular basis. The efficient supply chain operations of the company can have the ability to create value for its customers. Evaluating in a global scenario, the US renewable energy industry has been performing well over the years. The country’s renewable energy represented 12.9 percent of the domestically generated electricity and 11.2 percent of the total power generation in 2013 (EIA). The solar industry in US employed over 143,000 people as of 2014. The firm’s target market is comprised of local government organizations, small scale industries, and households. These customer groups are really in need of energy to meet their