Solar Farm

BUSINESS
PLAN
Clean energy for a pure world.

Prepared By 10200 Bolsa Ave, Westminster, CA, 92683

John Doe [email protected]

(650) 359-3153 https://upmetrics.co

Table of Contents

Executive Summary 4
Mission Statement 5
Vision Statement 5
Customer Focus 6
Success Factors 6
Financial Summary 6
3 Year profit forecast 7
Chart 7
Company Summary 8
History 9
Business Structure 9
Startup summary 10
Startup cost 10
Chart 10
Products and services 13

Market Analysis 15
Market Trends 16
Market Segmentation 16
Chart 16
Individuals and Households 17
Corporate Organizations and Manufacturers 17
Real Estate Developers 17
Schools 17
SWOT Analysis 18

Strategy & Implementations 20

Sales Strategy 21
Advertising Strategy 21
Local Publications 21
Direct Mail 22
Public Relations 22
Community Events/Organizations 22
Pricing Strategy 22
Milestones 23
Financial Plan 24

1 / 33
Important Assumptions 25
Brake-even Analysis 25
Projected Profit and Loss 26
Profit Yearly 27
Chart 27
Gross Margin Yearly 27
Chart 27
Projected Cash Flow 28
Projected Balance Sheet 30
Business Ratios 31

2 / 33
 Easy to use Business Plan Software

Get started using a business plan template is always the fastest way to write your
business plan, but as you know, you can't just fill in the blanks along with a template. You
will need a collaborative tool that guides you on every step of your planning.

Upmetrics can help. With Upmetrics, you can easily bring your team to write a
professional business plan with automated financial forecasts. You can also do:

200+ Sample business plans

Get access to hundreds of sample business plans covering almost
all industries to kick start your business plan writing. This helps
you to get an idea how the perfect business plan should look like.

View Sample Business Plans

Step-By-Step Guide
You'll receive step-by-step instruction as soon as you select any
business plan template. We made business planning easy with
prompt help and examples on every step of your business plan
writing.

See How It Works

Conduct accurate financial projections

Do not worry about not having accounting skills. With Upmetrics,
Simply enter your sales and costs figures, and we'll prepare all of
your monthly/quarterly and yearly financial projections.

See How It Works

[YEAR ] Bus ines s Plan | Solar Far m 3 / 33

1.

Executive Summary
Mission Statement
Vision Statement
Customer Focus
Success Factors
Financial Summary

[YEAR ] Bus ines s Plan | Solar Far m 4 / 33

 Before you think about how to start a solar farm business, you must create a
detailed Solar farm business plan. It will not only guide you in the initial phases
of your startup but will also help you later on.

To unlock help try Upmetrics! 

Maxwell Technologies, LLC is a U.S based and standard solar farm company.
We have been able to secure standard and well-positioned vast acres of land
in the outskirt of Detroit - Michigan.

To unlock help
We are a solar farm company that is also into the manufacturing of try Upmetrics! 
solar
panels, solar panel installation, maintenance, and repair that is set to compete
Start Writing here...

Mission Statement

Our mission is to provide solar energy and professional solar panel installation,
maintenance and repair services, and other related services that will assist
businesses, individuals, households, and non-profit organizations in ensuring
that their solar panels are always in good shape to produce the required power
To unlock help try Upmetrics! 
output.

Start Writing here...

Vision Statement

Our vision is to establish a standard and world-class solar farm and solar panel
installation, maintenance, and repair company whose services and brand will
not only be accepted in Detroit - Michigan but also in other cities in the United
States of America.
To unlock help try Upmetrics! 

Start Writing here...

[YEAR ] Bus ines s Plan | Solar Far m 5 / 33

Customer Focus

Maxwell Technologies will primarily serve the residents and businesses within
a 10-mile radius of our location. The demographics of these customers are as
follows:

To unlock help try Upmetrics! 

50,336 residents

Start Writing here...

Success Factors

Maxwell Technologies is uniquely qualified to succeed due to the following

reasons:

Maxwell Technologies provides customized residential and business

To unlock help try Upmetrics! 
energy solutions. In addition, we have surveyed the local population and

Start Writing here...

Financial Summary

Maxwell Technologies is seeking total funding of $470,000 of debt capital to

open its solar farm business. The capital will be used for funding capital
expenditures, location build-out, hiring initial employees, marketing expenses,
and working capital.
To unlock help try Upmetrics! 
Specifically, these funds will be used as follows:
Start Writing here...

[YEAR ] Bus ines s Plan | Solar Far m 6 / 33

3 Year profit forecast

Sales Gross Margin Net Profit

15.00k

10.00k

5.00k

0
Year1 Year2 Year3

Financial Summary Year 1 Year 2 Year 3

Revenue $965,742 $1,878,611 $2,718,300

To unlock help try Upmetrics! 

Start Writing here...

[YEAR ] Bus ines s Plan | Solar Far m 7 / 33

2.

Company Summary
History
Business Structure
Startup summary

[YEAR ] Bus ines s Plan | Solar Far m 8 / 33

 Maxwell Technologies, LLC is founded by Engr. John Moore a solar energy
engineer per excellence who graduated from Illinois Institute of Technology
(B.Engr.) and his friend and business partner for many years James Moore
(B.Sc. Business Management). They have a combined experience that can
To unlock help try Upmetrics! 
help them build Maxwell Technologies, LLC to favorably compete with other

Start Writing here...

History

Established in 2015, Maxwell Technologies is making a name for itself in the

photovoltaic industry. The company was founded by John Moore, who at the
young age of 20, earned a Master’s degree in Materials Science and
Engineering at the University of Michigan. He has been working with big solar
To unlock help try Upmetrics! 
companies for more than 21 years, developing and designing solar panels.

Start Writing here...

Business Structure

Maxwell Technologies, LLC, is a solar farm and solar panel installation,

maintenance, and repair company that intends to start small in Detroit -
Michigan, but hope to grow big in order to compete favorably with leading solar
energy companies and solar panel installation, maintenance, and repair
To unlock help try Upmetrics! 
companies in the industry both in the United States and on a global stage.

Start Writing here...

[YEAR ] Bus ines s Plan | Solar Far m 9 / 33

Startup summary

Startup cost

Amount
100.00k

75.00k

50.00k

25.00k

0
Expenses Assets Investment

Cost distribution Amount

Expenses 50000

Assets 80000

Investment 35000

Start-up Expenses Amount

Legal $75,500

Consultants $0

Insurance $62,750

Rent $22,500

Research and Development $42,750

Expensed Equipment $42,750

Signs $1,250

TOTAL START-UP EXPENSES $247,500

Start-up Assets $0

Cash Required $322,500

Start-up Inventory $52,625

Other Current Assets $222,500

[YEAR ] Bus ines s Plan | Solar Far m 10 / 33

 Start-up Expenses Amount

Long-term Assets $125,000

TOTAL ASSETS $121,875

Total Requirements $245,000

START-UP FUNDING $0

START-UP FUNDING $273,125

Start-up Expenses to Fund $121,875

Start-up Assets to Fund $195,000

TOTAL FUNDING REQUIRED $0

Assets $203,125

Non-cash Assets from Start-up $118,750

Cash Requirements from Start-up $0

Additional Cash Raised $118,750

Cash Balance on Starting Date $121,875

TOTAL ASSETS $0

Liabilities and Capital $0

Liabilities $0

Current Borrowing $0

Long-term Liabilities $0

Accounts Payable (Outstanding Bills) $0

Other Current Liabilities (interest-free) $0

TOTAL LIABILITIES $0

Capital $0

Planned Investment $0

Investor 1 $312,500

Investor 2 $0

Other $0

Additional Investment Requirement $0

TOTAL PLANNED INVESTMENT $695,000

Loss at Start-up (Start-up Expenses) $313,125

[YEAR ] Bus ines s Plan | Solar Far m 11 / 33

 Start-up Expenses Amount

TOTAL CAPITAL $221,875

TOTAL CAPITAL AND LIABILITIES $221,875

Total Funding $265,000

[YEAR ] Bus ines s Plan | Solar Far m 12 / 33

3.
Products and
services

[YEAR ] Bus ines s Plan | Solar Far m 13 / 33

 Maxwell Dance Studio is going to offer varieties of dance-related services
within the scope of the dance studio industry in the United States of America.
Our intention of starting our dance studio business is to help individuals and
organizations learn various dance steps and also perform choreographies at
To unlock help try Upmetrics! 
different functions.

Start Writing here...

Energy Supply Panel Installations

 Supply solar energy to domestic,

commercial and industrial
 Installation of solar panels, repair
and maintenance services thanks to
enterprises in need of clean, a qualified and reputable installation
efficient and reliable solar energy and quality assurance team

Plant Constructions Consultation

 Construction of CSP power plants,

CSP tower power plants and CSP
 Consultation, energy analysis
studies and designing of integrated
trough power plants using the latest solar system plans. This involves
environmentally friendly holding discussions with potential
technologies customers to determine their solar
needs and recommend an
appropriate solution.

[YEAR ] Bus ines s Plan | Solar Far m 14 / 33

4.

Market Analysis
Market Trends
Market Segmentation

[YEAR ] Bus ines s Plan | Solar Far m 15 / 33

 The most important component of an effective solar farm business plan is its
accurate marketing analysis. If you are starting on a smaller scale, you can do
marketing analysis yourself by taking help from this solar farm business plan
sample or other solar farm business plans available online.
To unlock help try Upmetrics! 

Market Trends

If you are keeping tabs on happenings in the Solar Farm Developers industry,
you will agree that the demand for construction of utility-scale solar power
projects has skyrocketed many thanks to substantial government support. So
also, technological advancements in solar panel construction will definitely lead
To unlock help try Upmetrics! 
to a greater supply of low-cost panels, making solar panels more accessible for

Start Writing here...

Market Segmentation

In order to ensure business goals are met, Maxwell Technologies intends to

offer a wide range of services in order to cater to different types of customers.
The focus will be placed on offering quality services and deployment of the
latest infrastructure and technologies to ensure this solar energy farm business
To unlock help try Upmetrics! 
plan realizes its intended purpose. With rapid technology development and

Start Writing here...

Schools: 24.2 %
Individuals and Households: 30.3 %

Real Estate Developers: 9.1 %

Corporate Organizations and

Manufacturers: 36.4 %

[YEAR ] Bus ines s Plan | Solar Far m 16 / 33

 Statistics have indicated that the biggest consumers of solar energy are
domestic consumers who account for a larger percentage of the total
consumption. With the high cost of electricity, many households and individual
users are opting for solar energy which is considered to be more affordable and
To unlock help try Upmetrics! 
highly reliable. The increased frequency of power outages has also contributed

Individuals and Households

Start writing here...

In a bid to reduce electricity costs, many companies are opting to embrace

solar energy to lower business expenses with a view of increasing profits.
Numerous government incentives including tax reliefs on solar energy have
encouraged the uptake of commercial use of solar energy. In addition, most
To unlock help try Upmetrics! 
corporations are adopting a green approach that emphasizes environmental

Corporate Organizations and Manufacturers

Start writing here...

A lot of real estate developments are increasingly opting for solar energy since
it’s a cost-effective and environmentally friendly option. To avoid depending on
traditional electricity, many developers are investing heavily in solar
infrastructure with the intention of using solar as a selling point for their
unlock help try Upmetrics! 
properties. In a bid to cut down on electricity costs, theToreal estate property is

Real Estate Developers

Start writing here...

This solar farm business model incorporates educational institutions as one of

the key customer segments that Maxwell Technologies needs to reach out to.
There are numerous educational institutions in Forney, and the solar farm has
a good opportunity to market to the neighboring schools with an aim of
To unlock help try Upmetrics! 
supplying solar power. Because of the diverse nature of activities, schools are

Schools
Start writing here...

[YEAR ] Bus ines s Plan | Solar Far m 17 / 33

5.

SWOT Analysis

[YEAR ] Bus ines s Plan | Solar Far m 18 / 33

 Maxwell Technologies, LLC engaged the services of a core professional in the
area of business consulting and structuring to assist our organization in
building a well-structured solar farm and solar panel installation, maintenance,
and repair business that can favorably compete in the highly competitive Solar
unlock help try Upmetrics! 
Farm Developers industry in the United States and theTo world at large.

Start Writing here...

Strengths Weaknesses

Aside from the fact that we have a vast As a new solar farm and solar panel
acre of land in a strategic location in the installation, maintenance, and repair
outskirts of Detroit for our solar farm, Our company in Detroit - Michigan, it might
core strength lies in the power of our take some time for our organization to
team; our workforce. break into the market and gain
acceptance especially from top profile
We have a team of certified and highly clients in the already saturated and highly
trained and experienced solar panel competitive Solar Farm Developers
installation, maintenance, and repair industry; that is perhaps our major
engineers and technicians, a team with weakness. Another weakness is that we
excellent qualifications and experience in may not have the required cash to pump
various niche areas in The Solar Farm into promoting our business the way we
Developers industry. Aside from the would want to.
synergy that exists in our carefully
selected workforce, our services will be
guided by best practices in the industry.

S W
Opportunities Threats

No doubt, the opportunities in the Solar Just like any other business, one of the
Farm Developers industry are massive major threats that we are likely going to
considering the support from the face is an economic downturn. It is a fact
government and of course the number of that the economic downturn affects
individuals and corporate organizations purchasing/spending power. Another
who are now switching over to alternative threat that may likely confront us is the
energy such as solar energy. As a solar arrival of a new solar farm or solar panel
farm cum solar panel installation, installation, maintenance and repair
maintenance, and Repair Company, we company in the same location where our
are ready to take advantage of any target market exists and who may want to
opportunity that is available in the adopt the same Business model as us.
industry.

O T
[YEAR ] Bus ines s Plan | Solar Far m 19 / 33
6.
Strategy &
Implementations
Sales Strategy
Advertising Strategy
Pricing Strategy
Milestones

[YEAR ] Bus ines s Plan | Solar Far m 20 / 33

 After identifying the market demand, market trends, and the potential
customers of the startup, the next step is to define an effective strategy for
attracting those customers. Like marketing analysis, sales strategy is also an
important component of a solar farm business startup and must be properly
planned before you think about starting your own solar Tofarm business.
unlock help try Upmetrics! 

Sales Strategy

For Maxwell Technologies to achieve its goals, the following strategies have
been identified to help the solar farm reach out to its customers. If you plan to
start a solar farm business, the following strategies will be of great help.

To unlock help try Upmetrics! 

Introduce the solar farm to the neighboring community by sending letters

Start Writing here...

Advertising Strategy

Maxwell Technologies’s target markets is residents and businesses in Detroit.

The Company’s promotions strategy to reach these individuals includes:

To unlock help try Upmetrics! 

Start Writing here...

Maxwell Technologies will create brand awareness through features in multiple

local newspapers and publications. Regular advertisements will run to maintain
exposure and build brand awareness to relevant markets.

To unlock help try Upmetrics! 

Local Publications
Start writing here...

[YEAR ] Bus ines s Plan | Solar Far m 21 / 33

 Maxwell Technologies will blanket neighborhoods surrounding its locations with
direct mail pieces. These pieces will provide general information on Maxwell
Technologies, offer discounts, and/or provide other enticements for people to
avail of our services.
To unlock help try Upmetrics! 

Direct Mail
Start writing here...

We will contact all local and area newspapers and television stations and send
them a press release describing the benefits of renewable energy and solar
farms and the unique value proposition of Maxwell Technologies.

To unlock help try Upmetrics! 

Public Relations
Start writing here...

Maxwell Technologies will conduct informative community discussions and

seminars regarding the advantages of using sustainable energy. This seeks to
educate people on the negative effects of nonrenewable resources on the
environment, while simultaneously promoting our solar farm.
To unlock help try Upmetrics! 

Community Events/Organizations
Start writing here...

Pricing Strategy

At Maxwell Technologies, LLC we will keep the prices of our products and
services below the average market rate for all of our customers by keeping our
overhead low and by collecting payment in advance from corporate
organizations who would hire our services. In addition, we will also offer special
To unlock help try Upmetrics! 
discounted rates to all our customers at regular intervals.

Start Writing here...

[YEAR ] Bus ines s Plan | Solar Far m 22 / 33

Milestones

Maxwell Technologies’s long-term goal is to become the dominant solar farmer

and renewable energy provider in Detroit. We seek to the standard by which
other providers are judged.

To unlock
The following are a series of steps that lead to our vision success.
help try Upmetrics!
of long-term
Maxwell Technologies expects to achieve the following milestones in the
Start Writing here...

[YEAR ] Bus ines s Plan | Solar Far m 23 / 33

7.

Financial Plan
Important Assumptions
Brake-even Analysis
Projected Profit and Loss
Projected Cash Flow
Projected Balance Sheet
Business Ratios

[YEAR ] Bus ines s Plan | Solar Far m 24 / 33

 The last component of the solar farm business plan is an in-depth financial
plan. The financial plan crafts a detailed map of all the expenses needed for the
startup and how these expenses will be met by the earned profits. It is
recommended that you use our financial planning tool for guiding you through
all financial aspects needed to be considered for startingTo a solarhelp
unlock farm business.
try Upmetrics!

The company will be financed by John himself and he will control the direction
of the business to make sure that it is expanding at the forecasted rate. As for
the solar farm business start-up, no equity funding or outside loans will be
required. With the help of financial experts, John has developed the following
To unlock help try Upmetrics! 
financial plan for his start-up business, which outlines the financial

Start Writing here...

Important Assumptions
The financial projections of the company are forecast on the basis of the following assumptions. These
assumptions are quite conservative and are expected to show deviation but to a limited level such that
the company’s major financial strategy will not be affected.

Year 1 Year 2 Year 3

Plan Month 1 2 3

Current Interest Rate 10,00% 11,00% 12,00%

Long-term Interest Rate 10,00% 10,00% 10,00%

Tax Rate 26,42% 27,76% 28,12%

Other 0 0 0

Brake-even Analysis

Monthly Units Break-even 5530

Monthly Revenue Break-even $159 740

Assumptions:

Average Per-Unit Revenue $260,87

Average Per-Unit Variable Cost $0,89

Estimated Monthly Fixed Cost $196 410

[YEAR ] Bus ines s Plan | Solar Far m 25 / 33

Projected Profit and Loss

Year 1 Year 2 Year 3

Sales $309 069 $385 934 $462 799

Direct Cost of Sales $15 100 $19 153 $23 206

Other $0 $0 $0

TOTAL COST OF SALES $15 100 $19 153 $23 206

Gross Margin $293 969 $366 781 $439 593

Gross Margin % 94,98% 94,72% 94,46%

Expenses

Payroll $138 036 $162 898 $187 760

Sales and Marketing and Other Expenses $1 850 $2 000 $2 150

Depreciation $2 070 $2 070 $2 070

Leased Equipment $0 $0 $0

Utilities $4 000 $4 250 $4 500

Insurance $1 800 $1 800 $1 800

Rent $6 500 $7 000 $7 500

Payroll Taxes $34 510 $40 726 $46 942

Other $0 $0 $0

Total Operating Expenses $188 766 $220 744 $252 722

Profit Before Interest and Taxes $105 205 $146 040 $186 875

EBITDA $107 275 $148 110 $188 945

Interest Expense $0 $0 $0

Taxes Incurred $26 838 $37 315 $47 792

Net Profit $78 367 $108 725 $139 083

Net Profit/Sales 30,00% 39,32% 48,64%

[YEAR ] Bus ines s Plan | Solar Far m 26 / 33

Profit Yearly

Profit
15.00k

10.00k

5.00k

0
Year1 Year2 Year3

Financial Year Profit

Year1 10000

Year2 12000

Year3 14000

Gross Margin Yearly

Gross Margin

Year1

Year2

Year3

0 2.00k 4.00k 6.00k 8.00k 10.00k 12.00k 14.00k 16.00k

Financial Year Gross Margin

Year1 10000

Year2 12000

Year3 14000

[YEAR ] Bus ines s Plan | Solar Far m 27 / 33

Projected Cash Flow

Cash Received Year 1 Year 2 Year 3

Cash from Operations

Cash Sales $40 124 $45 046 $50 068

Cash from Receivables $7 023 $8 610 $9 297

SUBTOTAL CASH FROM OPERATIONS $47 143 $53 651 $59 359

Additional Cash Received

Sales Tax, VAT, HST/GST Received $0 $0 $0

New Current Borrowing $0 $0 $0

New Other Liabilities (interest-free) $0 $0 $0

New Long-term Liabilities $0 $0 $0

Sales of Other Current Assets $0 $0 $0

Sales of Long-term Assets $0 $0 $0

New Investment Received $0 $0 $0

SUBTOTAL CASH RECEIVED $47 143 $53 651 $55 359

Expenditures from Operations

Cash Spending $21 647 $24 204 $26 951

Bill Payments $13 539 $15 385 $170 631

SUBTOTAL SPENT ON OPERATIONS $35 296 $39 549 $43 582

Additional Cash Spent

Sales Tax, VAT, HST/GST Paid Out $0 $0 $0

Principal Repayment of Current Borrowing $0 $0 $0

Other Liabilities Principal Repayment $0 $0 $0

Long-term Liabilities Principal Repayment $0 $0 $0

Purchase Other Current Assets $0 $0 $0

Purchase Long-term Assets $0 $0 $0

Dividends $0 $0 $0

SUBTOTAL CASH SPENT $35 296 $35 489 $43 882

Net Cash Flow $11 551 $13 167 $15 683

[YEAR ] Bus ines s Plan | Solar Far m 28 / 33

 Cash Received Year 1 Year 2 Year 3

Cash Balance $21 823 $22 381 $28 239

[YEAR ] Bus ines s Plan | Solar Far m 29 / 33

Projected Balance Sheet

Assets Year 1 Year 2 Year 3

Current Assets

Cash $184 666 $218 525 $252 384

Accounts Receivable $12 613 $14 493 $16 373

Inventory $2 980 $3 450 $3 920

Other Current Assets $1 000 $1 000 $1 000

TOTAL CURRENT ASSETS $201 259 $237 468 $273 677

Long-term Assets

Long-term Assets $10 000 $10 000 $10 000

Accumulated Depreciation $12 420 $14 490 $16 560

TOTAL LONG-TERM ASSETS $980 $610 $240

TOTAL ASSETS $198 839 $232 978 $267 117

Current Liabilities

Accounts Payable $9 482 $10 792 $12 102

Current Borrowing $0 $0 $0

Other Current Liabilities $0 $0 $0

SUBTOTAL CURRENT LIABILITIES $9 482 $10 792 $12 102

Long-term Liabilities $0 $0 $0

TOTAL LIABILITIES $9 482 $10 792 $12 102

Paid-in Capital $30 000 $30 000 $30 000

Retained Earnings $48 651 $72 636 $96 621

Earnings $100 709 $119 555 $138 401

TOTAL CAPITAL $189 360 $222 190 $255 020

TOTAL LIABILITIES AND CAPITAL $198 839 $232 978 $267 117

Net Worth $182 060 $226 240 $270 420

[YEAR ] Bus ines s Plan | Solar Far m 30 / 33

Business Ratios

Year 1 Year 2 Year 3 Industry Profile

Sales Growth 4,35% 30,82% 63,29% 4,00%

Percent of Total Assets

Accounts Receivable 5,61% 4,71% 3,81% 9,70%

Inventory 1,85% 1,82% 1,79% 9,80%

Other Current Assets 1,75% 2,02% 2,29% 27,40%

Total Current Assets 138,53% 150,99% 163,45% 54,60%

Long-term Assets -9,47% -21,01% -32,55% 58,40%

TOTAL ASSETS 100,00% 100,00% 100,00% 100,00%

Current Liabilities 4,68% 3,04% 2,76% 27,30%

Long-term Liabilities 0,00% 0,00% 0,00% 25,80%

Total Liabilities 4,68% 3,04% 2,76% 54,10%

NET WORTH 99,32% 101,04% 102,76% 44,90%

Percent of Sales

Sales 100,00% 100,00% 100,00% 100,00%

Gross Margin 94,18% 93,85% 93,52% 0,00%

Selling, General & Administrative Expenses 74,29% 71,83% 69,37% 65,20%

Advertising Expenses 2,06% 1,11% 0,28% 1,40%

Profit Before Interest and Taxes 26,47% 29,30% 32,13% 2,86%

Main Ratios

Current 25,86 29,39 32,92 1,63

Quick 25,4 28,88 32,36 0,84

Total Debt to Total Assets 2,68% 1,04% 0,76% 67,10%

Pre-tax Return on Net Worth 66,83% 71,26% 75,69% 4,40%

Pre-tax Return on Assets 64,88% 69,75% 74,62% 9,00%

Additional Ratios

Net Profit Margin 19,20% 21,16% 23,12% N.A.

Return on Equity 47,79% 50,53% 53,27% N.A.

[YEAR ] Bus ines s Plan | Solar Far m 31 / 33

 Year 1 Year 2 Year 3 Industry Profile

Activity Ratios

Accounts Receivable Turnover 4,56 4,56 4,56 N.A.

Collection Days 92 99 106 N.A.

Inventory Turnover 19,7 22,55 25,4 N.A.

Accounts Payable Turnover 14,17 14,67 15,17 N.A.

Payment Days 27 27 27 N.A.

Total Asset Turnover 1,84 1,55 1,26 N.A.

Debt Ratios

Debt to Net Worth 0 -0,02 -0,04 N.A.

Current Liab. to Liab. 1 1 1 N.A.

Liquidity Ratios

Net Working Capital $120 943 $140 664 $160 385 N.A.

Interest Coverage 0 0 0 N.A.

Additional Ratios

Assets to Sales 0,45 0,48 0,51 N.A.

Current Debt/Total Assets 4% 3% 2% N.A.

Acid Test 23,66 27,01 30,36 N.A.

Sales/Net Worth 1,68 1,29 0,9 N.A.

Dividend Payout 0 0 0 N.A.

[YEAR ] Bus ines s Plan | Solar Far m 32 / 33

 Want to make it more presentable?
Want help tips on each section?
You'll save time and can write your professional business plan effectively and faster with
Upmetrics' business plan software.

Every feature you need to convert your great business idea into a reality.
Write your plan easily and faster without any hassles.
Structure your idea and create stunning pitches that awe your investors.
Get access to Upmetrics software, invite your team members and start writing your
business plan.

1. Get tried and tested tips 2. Write an interactive plan

Upmetrics business plan builder gives you Use our business plan sections -
everything you need to stay in sync and competitive Analysis, comparison tables,
guides you on every step of your business SWOT Analysis, charts, timelines,
plan writing. milestones, etc to create a visually impactful
business plan.

3. Stunning business plan cover 4. Financial forecasting

pages With Upmetrics you don’t have to worry
Upmetrics business plan builder comes with about navigating complex spreadsheets.
beautifully designed cover pages. Choose Just input your numbers and we’ll provide
professional, creative cover pages to make you with well-structured financial reports
your business plan stand out. that you and your investors understand.

5. Share easily with anyone 6. Real-time and Collaborative

Upmetrics plans are easily shareable in pdf Invite your team members to initiate
and word documents. And if either doesn’t conversations, discuss ideas and strategies
work, you can share it with a quick link too in real-time, share respective feedback, and
and track the reader's activity! write your business plan.

Join over 100k+ entrepreneurs who have used Upmetrics to create their business plans.

Start writing your business plan today

[YEAR ] Bus ines s Plan | Solar Far m 33 / 33