How to Start Mobile Solar Panel Kit Business( 16 tips)

Mobile solar panel kit: Portable solar panels serve as a boon for frequent travellers.

These solar panels can be carried along and power devices on the move.

Once you’ve decided you want to start a small business.

Formulated your business plan, lined up financing, and secured a site.

The time will finally come to actually open up shop.

While planning a business may present challenges.

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The actual act of opening a business and bringing the business concept to fruition has its own set of difficulties.

To have a better chance of long-term success.

You need to get your business off to a good start.

Here are a few tips on how to legally establish your business.

Hire your first employees, spreading the word, and organizing a grand opening.

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Mobile Solar Panel Kit Business

What are Portable Solar Panels?

Portable solar panels are small sized solar panels that are easy to install and that can be carried anywhere.

Just like a typical solar panel, they convert sunlight into electricity or heat.

They contain an assembly of photovoltaic cells.

Each panel is divided into smaller cells, where a cell is made up of thin layers of silicon.

They vary in size but even the biggest portable solar panel can be carried inside a car.

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Mobile Solar Panel Kit Business

They can provide up to 320W of power based on their size.

Usually, portable solar panels come with a kit that includes additional tools like a stand, cable, storage case, solar charge controller, inverter and a battery.

It should be used with a battery and an inverter to power appliances when the user is off-grid.

By the virtue of being portable, it is used to power devices on the move.

1. Get the Business Background

These days, it’s less necessary than ever to have a brick-and-mortar business.

And sometimes it just makes sense for you to be out in the field.

Business owners who need to be off-grid or away from accessible power for long periods of time.

Or those who want to support renewable energy, will benefit from

The Inverter Store’s unique mobile solar panel kits.

Small- and medium-sized businesses can easily harvest power whenever.

Wherever with these travel-friendly solar kits that can be stored in the back of any company vehicle, truck or RV.

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2. Solar Power Kits for Any Mobile Application

Some of the businesses that can benefit from our portable, foldable solar kits are food trucks, mobile groomers, contractors who need short-term setups in trailers, companies touring in RVs, mobile boutiques, traveling pet shelters and sales teams that are constantly out and about making deals. We also have durable options that can handle more demanding and rugged environments, including industrial, research and emergency applications. No matter your industry or end goals, The Inverter Store will happily partner you with a go-anywhere solar kit that can help you perform your job better.

3. Mobile Solar Panel Kit Business

The selection of mobile solar panel kits includes a wide range of options, from single-panel, 60-watt bundles to 240-watt kits that come with two high-quality panels and a pure sine power inverter. Each one comes with everything required to harvest efficient, clean power from the sun, including charge controllers, batteries, cables, connectors and other items, and you can also easily add supplies to your order before checkout.

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4. Choose a product in which you have interest and knowledge.

You don’t have to be an expert, but you should have a working knowledge of and a genuine interest in the product you will be selling. Understanding your product will help you to make good business decisions in the future. Also, you may already have contacts with suppliers and other professionals in the business who can help you get yours up and running. To decide what to sell, you can:

• Evaluate your hobbies. If you have a hobby about which you are passionate, investigate whether it could turn into a retail opportunity. If you already spend a lot of time on something, chances are you know a lot about it. Your excitement for and knowledge about the product could help you to educate customers, which translates into more sales.
  • If you are an avid gardener, consider selling gardening supplies.
  • If you like to refurbish items purchased from flea markets, consider running an art and antiques store.
• Use your line of work and education to inspire you. Your education and work experience have likely imparted useful knowledge that you can use to run a retail business. Think about the skills and practical knowledge you have acquired while building your career. Ask yourself if could see yourself selling related products.
  • For example, a hair dresser might consider running a beauty supply store.

5. Gauge the demand for a product.

No matter how much you love something, it will not sell if there is not a real need or desire for it.

Do some market research. This will allow you to determine whether or not people will purchase your product.

• Investigate whether people are purchasing a product. Visit online marketplaces like Amazon or eBay. Amazon has a Best Sellers Page that lists products that sell well. On eBay, you can do a search for completed sales within a category. Study how well products did in auctions. If it sold quickly or there was a bidding war for the item, it might be a product worth selling.
• Visit Google Adwords Keyword Planner. Type in keywords related to the products you want to sell, and see how many searches have been done on these terms. This can help you to assess demand for a product.
• Visit retail stores that already sell the product you’re thinking of selling. Evaluate performance by noticing how long the products have been on the shelf and if they sell for full price or only when they’re marked down. Ask proprietors what their bestsellers are.

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Mobile Solar Panel Kit Business

6. Read trade magazines and academic journals related to your industry or target market.

These will give you a well-rounded understanding of the market.

Learn about trends in the market. Find feedback about the product you want to sell.

Evaluate the ads that are displayed in the publications.

If someone was willing to purchase ad space for a product, chances are it’s a good seller.

7. Search for actual facts and figures.

This information will not only help you to gauge the market.

But it will also be useful for creating the financial projections you need in order to obtain financing.

Read retail trade reports published by the Nigerian Census Bureau.

These are updated every five years and present information about sales trends in different industries.

Also, join a trade organization such as the National Retail Federation.

Their Retail Insight Center lists industry.

And consumer data gathered from government agencies and consumer surveys.

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Mobile Solar Panel Kit Business

8. Write a Company Description and Market Analysis.

Provide a high-level review of the type of store you want to open.

Describe the kinds of items you intend to sell.

Identify your target customers their distinguishing characteristics.

And how you are going to meet your customers’ needs.

Identify your competition and explain how you have a competitive advantage

9. Describe your organizational structure.

Provide details about ownership of the store and information about your management team, including their qualifications and how these qualifications complement your skills.

Write an organizational chart with narratives about who is doing what and who is in charge of every function.

Ownership information should include the names of owners and the percentages of the business they own. Include the legal structure of your business.

Mobile Solar Panel Kit Business

10. Describe your marketing strategy.

Explain how you are going to promote your store on a limited budget and fill it with paying customers.

These strategies may include ads in the paper or direct mail and flyers.

In addition, you could offer coupons or discounts for bringing in new customers.

Finally, networking is a powerful marketing strategy.

Introduce yourself in person to local businesses, join the local chamber of commerce, small business associations or local charities.

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11. Provide financial projections.

Write about how you expect your cafe to perform over the next five years.

Draw up forecasted income statements, balance sheets and cash flow statements.

Write a budget for capital expenditures, including food service and counter area equipment, storage, and office equipment.

Explain your pricing structure, including the cost to produce menu items and the prices you will charge to make a profit. Describe discount pricing strategies.

• Discount pricing strategies include price bundling (offering a discounted price for multiple items purchased together), complementary pricing (charging low prices on one common item, such as coffee, and higher prices for others) and customer loyalty discounts.

12. Conduct research on your potential business location.

Search public records of how the location was used previously and statistical data such as the average income in the area. Find out if there are competitors and similar ventures nearby.

• When you find a potential location, observe the area for a few hours and analyze the foot traffic in the neighborhood. Is it near public transportation or highways? Is there enough parking? Being near the competition can help attract the right customers if you believe your products will be superior.
• You will want to also analyze the demographics of the area. Does the income level match the type of clientele you hope to attract? Your local librarian or commercial real estate broker can help provide this information.
• Once you find a location purchase insurance policies for general liability and fire insurance.

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Mobile Solar Panel Kit Business

13. Determine your needs.

Find a location that exposes you to your customers and is consistent with your image.

Make a floor plan and look for a location with suitable space and layout.

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 ^14. Consider proximity to suppliers.

Evaluate the local labor market to determine if the area has potential employees. Research the local zoning regulations.

Research the local crime rate to ensure the safety of your customers and employees.

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15. Develop a budget.

Determine what you can afford to spend on rent each month.

Be aware of hidden costs, such as repairs. Start-up costs may include renovations and decorating your space.

Budget for local property taxes

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Mobile Solar Panel Kit Business

16. Get the Current Solar Panel products

60 Watt Flexible Bendable Slim Solar Panel & 10 AMP Charge Controller Kit