What is the benefit or value you're creating for your business?
The price we are looking to charge for the service is one of the most important business decisions we are making. Setting a price that will be lower than the current energy bill of the user as well as been profitable for our company, finding that balance is the key to our business growth.
we have worked out the make up of this key which is knowing the difference between cost and value. the cost is the amount we spend to produce the product.the value is what our customer believes this service is worth to them. We have researched and documented our plan.
How are you leveraging internal resources (funds, time, knowledge, etc.) to support this initiative?
The funds so far is personal contribution of two people involved in the idea so for. That is more the reason we are out here looking for possibilities.
When it comes to time, skills, researches and knowledge, a lot have been put into these already. The limited text area in this entry makes it impossibly for us to even attach the less of documentation gathered so far in this our quest to push our world to look at the direction of sustainable and renewable energy for our ever growing energy hungry world.
This initiative which will be run using a starch card system for payment will be innovative , transparent and reliable.
Expand on your answer, explaining the long-term funding and support plan.
We are looking as a way for our long-term funding is to reinvesting our existing profits or equity finance. However, an alternative option we have been trying to learn properly because we need to be best informed on anything we are getting into is to raise money through bond markets when the time and environment is right.
By making use of bond markets also known as debt capital markets, it may be possible for our business to raise substantial funds. There are several different ways we can access finance through these markets mainly issuing corporate bonds, private placements and securitisation of assets. There are guides out there that looks at debt capital markets as a whole, plus the differences between these three options, and the main pros and cons of each.
Tell us about your partnerships across your company and externally that are key to your project's success.
There are two partners in the business so far. the whole operation aspect of the business fall on me at the moment but we are looking to expand and create a whole department like the security department to handle the operations. We are making inland in the overturns we are making to enlist the support and partnership of state government, then federal government, regional government and so on.
What internal support have you gotten for your project? What kind of push-back have you received?
Honestly we are really in the start-up stage as have just installed our first two systems, but they have been having 24 hours electricity supply and we in the process of installing 24 new houses around the area.
We are just starting up but the whole area and extending environments are on daily basis paying into the idea which is the main for us. The feedback received so far have been encouraging, we are looking to extend it to the whole state.