Are you about starting an electric car charging station? If YES, here is a complete sample electric car charging business plan template & feasibility report you can use for FREE.

Okay, so we have considered all the requirements for starting an electric car charging station. We also took it further by analyzing and drafting a sample electric car charging station marketing plan template backed up by actionable guerrilla marketing ideas for electric car charging stations. So let’s proceed to the business planning section.

Why Start an Electric Car Charging Station?

An electric vehicle charging station business is one adventurous business to delve into. With the right location, top-notch services and good marketing, you can serve large customers who own electric vehicles or bikes.

It is imperative to mention that starting up an electric vehicle charging station business needs significant investment capital, solid planning, and concentration to detail in order to keep your business profitable.

The demand for electric vehicle charging services is on the increase but just like any other business, the demand for such services usually decline during recession due to declining household spending on extra services. As the economy grows, and income increases, there will be corresponding increase in the purchase of electric vehicles and bikes hence increase in demand for electric vehicle charging services.

So, if you have decided to start your own electric vehicle charging station business, then you should ensure that you carry out thorough feasibility studies and also market survey. Business plan is yet another very important business document that you should not take for granted when launching your electric vehicle charging station business.

Below is a sample electric vehicle charging station business plan template that can help you to successfully write your own with little or no difficulty.

A Sample Electric Car Charging Station Business Plan Template

  • Business Overview

According to Wikipedia, an electric vehicle charging station, also called an EV charging station, electric recharging point, charging point, charge point and EVSE (electric vehicle supply equipment), is an element in an infrastructure that supplies electric energy for the recharging of electric vehicles such as plug-in electric vehicles, including electric cars, neighborhood electric vehicles and plug-in hybrids.

The fact that electric vehicles require charging gives room for entrepreneurs to start electric vehicle charging station businesses. It is important to state that charging times vary from one model of electric vehicle to another. For example, the Nissan Leaf takes about eight hours to charge, and gives a range of 135 kilometers.

So also, charging times could be a deterrent to consumers looking to purchase an electric vehicle, particularly as such vehicles are competing with commercially successful hybrids. Though, the new Tesla Model S takes just five hours to charge, and gives a range of around 480 kilometers. This goes to show that the electric vehicle – technology is constantly improving.

Aside from mini Electric Vehicle Charging Stations, most players in this line of business operate a full service Electric Vehicle Charging station. A full services EVC station has attendants that operates the charging ports, often wipes the windshield, and sometimes checks the vehicle’s component parts and tire pressure, then collects payment and perhaps a small tip.

The Global Electric Vehicle Charging Stations industry is indeed a very large industry and pretty much thriving in developed countries. According to IHS Automotive, the global production market for pure electric and plug-in hybrid electric (PHEV) vehicles is expected to grow significantly between 2014 and 2020.

The global EV Charger (EVC) market is forecast to grow from more than 1 million units in 2014 to more than 12.7 million units in 2020. The report shows that the deployments of the charging stations are dependent on a highly variable price range.

The price can range from $395 USD for a simple domestic wall box to more than $35,000 USD for a DC charging station. This figure does not include installation costs that could add $10,000 in the case of a DC charging station, depending on its location and accessibility.

Aside from Japan, Europe and North America also have their own fast charging standard, Combined Charger System (CCS). This type of a fast-charging station is supported by the majority of OEMs, such as Audi, BMW, Daimler, Chrysler, Ford, GM, Porsche, and Volkswagen. Vehicles with fast DC charging capability based on the CCS standard have only been on the road since 2013.

The major breakthrough in the Global Electric Vehicle Charging Stations industry came as a result of the increase in electric vehicle ownership which can be attributed to campaign for saving the ecosystem. Statistics shows that as of March 2013, 5,678 public charging stations existed across the united states, with 16,256 public charging points of which 3,990 were located in California, 1,417 in Texas, and 1,141 in Washington. As of November 2012, about 15,000 charging stations had been installed in Europe.

In the bid to stay afloat in the fast – growing electric vehicle charging station line of business, owners of EVC stations now go the extra mile to ensure that they make their facility welcoming and conducive for customers. EVC stations now have vulcanizing services, car wash, convenience stores, coffee bars, snack bars, and cigar lounge within their facility so as to leverage on the opportunities around them to generate more income.

Although the Electric Vehicle Charging Stations industry can be said to be a green industry, but it does not in any way stop entrepreneurs who are creative and financially capable of making a headway in the industry. It is indeed a profitable industry especially when the business is well located.

No doubt busy highways and busy cities with growing population of Electric Vehicle owners is highly suitable for this business. The catch is that if there are electric vehicle users in any city, then the city would have need for an electric vehicle charging station.

Electric Car Charging Station Business Plan – Executive Summary

Stevenson Hi-Tech® EVC Station, Inc. is a fully registered and licensed Electric Vehicle Charging station that will be located along a busy community in Miami – Florida, U.S. We will operate a public quick-charge station (fast charging system) that is greater than 40 Kw and delivering over 60 miles (100 km) of range in 10–30 minutes. Our chains of EVC stations that will be scattered all around major cities in the United States of America will adopt full service, minimum service and self-service as it suits the location.

Our basic services would include charging and providing battery swap for electric vehicles and bikes. We will also run a convenience store, car wash, vulcanizing services, wheel balancing services, wheel alignment services and other related automobile repair services.

We are quite aware that in order to become the number one choice for electric vehicles and electric bike owners who ply the route where our EVC stations will be located, we must continue to make our EVC station welcoming and easy to operate, and that is exactly what we will do.

We are open to the use of latest technology in the electric vehicle charging industry. Our excellent customer service and the range of additional complementary services we offer will position us to become one of the most preferred electric vehicle charging stations in Miami – Florida.

At Stevenson Hi-Tech® EVC Station, Inc., we are passionate in the pursuit of excellence and financial success with uncompromising services and integrity. We are in the industry to make a positive mark. We are quite optimistic that our values and quality of service offering will help us drive our electric vehicle charging station business to enviable heights and also help us attract the number of clients that will make the business highly profitable. We are a company that will be dedicated to establishing and maintaining the best practices as it relates to the global electric vehicle charging industry.

Stevenson Hi-Tech® EVC Station, Inc. will ensure that all our customers are given first class treatment whenever they visit our electric vehicle charging stations. We have a CRM software that will enable us manage a one on one relationship with our customers no matter how large the number of our customer base may grow to.

Stevenson Hi-Tech® EVC Station, Inc. is owned and managed by Mr. Stevenson McCarthy and his immediate family members. The business will be financed by the Mr. Stevenson McCarthy and family and they will be actively involved in the day to day operation of the EVC stations. Mr. Stevenson McCarthy has a B.Eng. in Business Electric Electronics Engineering for Illinois Institute of Technology and he has over 15 years of experience in the automobile industry.

  • Our Products and Services

Stevenson Hi-Tech® EVC Station, Inc. is a fully registered and licensed standard EVC station that is positioned in the Global electric vehicle charging stations industry in the United States of America to maximize profits. Aside from the fact that we will also engage in other complimentary services that will help us maximize profits.

These are the products and services that will be made available to our customers;

  • Providing fast charging system and battery swap for electric vehicles and bikes
  • Selling electric vehicle spare parts
  • Providing electric vehicles repair services
  • Providing wheel alignment, wheel balancing and vulcanizing services
  • Retailing of groceries, snacks and soft drinks et al

Our Vision Statement

Our Vision is to operate chains of electric vehicle charging stations all across major cities in the United States of America.

  • Our Mission Statement

Our mission is to develop a highly successful and profitable electric vehicle charging station business with state of the art facility and latest technology; a business that will not only meet the needs of our clients but also supersede their expectations.

  • Our Business Structure

Stevenson Hi-Tech® EVC Station, Inc. is set to become one of the leading electric vehicle charging stations in the whole of Florida and other cities where our chains of EVC stations will be located hence the need for us to build a solid business foundation and business structure that will enable us achieve our aims and objectives.

Excellent customer service and efficiency are top priority for us which is why we will ensure that we look for applicants that match the picture of the business who want to build before hiring them. Although we will provide training, but we will ensure that we shortlist applicants that are customer centric.

We want to build a team that will work together to help the organization achieve its set targets. We will not only hire attendants that will help supervise our EVC stations and attend to customers need when they patronize our services, but we will also hire employees that will manage our convenience store, and snacks bar, cigar lounge, vulcanizing services, wheel balancing, wheel alignment and other electric vehicle repair and maintenance services.

Stevenson Hi-Tech® EVC Station, Inc. will employ customer centric and skilled people to occupy the following position;

  • Chief Executive Officer
  • EVC Station Manager
  • Accountant /Cashier
  • Human Resource and Admin Manager
  • EVC Technicians/Attendant
  • Convenience Store, Coffee Café, Snacks Bar, Cigar Lounge Manager
  • Vulcanizing Services, Wheel Balancing, Wheel Alignment and Electric Vehicle Repairs and Maintenance Manager
  • Carwash Operators
  • Security Guard

Roles and Responsibilities

Chief Executive Officer – CEO (Owner):

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities
  • Responsible for fixing prices and signing business deals
  • Responsible for providing direction for the business
  • Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy
  • In charge of signing checks and documents on behalf of the company
  • Assesses the success of the organization

EVC Station Manager

  • Responsible for overseeing the smooth running of the EVC station
  • Maps out strategy that will lead to efficiency amongst workers
  • Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs
  • Ensures that the electric vehicle charging station meets the expected safety and health standards at all times

Human Resources and Admin Manager

  • In authority of overseeing the smooth running of HR and administrative tasks for the organization
  • Enhances department and organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
  • Defining job positions for recruitment and managing interviewing process
  • Carrying out induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Oversee the smooth running of the daily office and station activities

Convenience Store, Coffee Café, Snacks Bar, and Cigar Lounge Manager

  • Interacts with customers, take orders for coffee and snacks
  • Responsible for preparing different flavor and style of coffee for customers
  • Makes lists of supplies in conjunction with the bar manager
  • Responsible for quality control
  • Assesses customers’ needs and preferences and make recommendations
  • Prepares inventory or purchase requisitions as needed to replenish supplies
  • Ensures that the assigned bar area is fully equipped with tools and products needed for mixing beverages and serving guests
  • Responsible for managing the cigar lounge
  • Assesses customers’ needs and preferences and make recommendations
  • Clears ashtrays regularly
  • Ensure that the assigned lounge area is fully equipped with tools and products needed by our clients

Accountant/Cashier

  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
  • Responsible for financial forecasting and risks analysis
  • Performs cash management, general ledger accounting, and financial reporting
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensures compliance with taxation legislation
  • Handles all financial transactions for the organization
  • Serves as internal auditor for the organization

EVC Technicians/Attendants

  • Operates the various charging ports
  • Responsible for swapping and fixing electric vehicle batteries as requested by our clients
  • Assists customers as required by them especially on how to operate our fast charging electric ports
  • Responsible for minor repairs and maintenance of faulty charging ports
  • Handles any other duty as assigned by the EVC station manager

Vulcanizing, Wheel Balancing, Wheel Alignment and Automobile Repairs and Maintenance Manager

  • Responsible for running our vulcanizing, wheel balancing, wheel alignment and electric vehicle repairs maintenance services
  • Handles any other duty as assigned by the EVC station manager

Carwash Operators

  • Washes and thoroughly clean cars (exterior car washing, interior cleaning, and waxing services), trucks and bikes
  • Maintains a clean working area by sweeping, vacuuming, dusting, cleaning of glass doors and windows, etc. if required.

Security Guards

  • Ensures that the facility is secured at all time
  • Controls traffic and organize parking
  • Gives security tips to staff members from time to time
  • Patrols around the building on a 24 hours basis
  • Submits security reports weekly
  • Handles any other duty as assigned by the electric vehicle charging station manager

Electric Car Charging Station Business Plan – SWOT Analysis

Starting an electric vehicle charging station is indeed capital intensive especially for aspiring entrepreneurs who may not have huge sum of money saved up in a bank. We are aware that it will require loads of cash to set up a standard electric vehicle charging station in Miami – Florida which is why we decided to do all that is required to build a profitable business. One of the tools that is required to position us in building a successful electric vehicle charging station business is a SWOT Analysis.

We hired the services of Dr. Memphis Iverson, an HR and Business consultant who is based in Miami – Florida to help us conduct SWOT analysis for our company and he did a pretty good job for us. Here is a preview of the result we got from the SWOT analysis that was conducted on behalf of Stevenson Hi-Tech® EVC Station, Inc. Miami – Florida.

  • Strength:

Stevenson Hi-Tech® EVC Station, Inc. is centrally located along one of the busiest communities with loads of electric vehicles and electric bike users in Miami – Florida; our location is in fact one of our major strengths. Aside from the basic service that we offer, we also offer complimentary services that most of our competitors are not offering. So also, the vast experience of our management team will count in our advantage, and our attendants are well groomed to handle various classes of customers.

  • Weakness:

Our perceived weakness could be the fact that we are a new EVC station, and we may not have the financial capacity to sustain the kind of publicity that can give us leverage to start operating chains of EVC stations in various cities in the United States as planned.

  • Opportunities:

We are centrally located in one of the busiest communities in Miami – Florida and we are open to all the available opportunities that the city has to offer. Our business concept also positioned us to attract people who like doing their shopping, washing and servicing their electric vehicles in EVC stations. Miami is one of the densely populated cities in Florida, and indeed population translates to opportunities.

  • Threat:

One of the major threats that confronts electric vehicle charging stations all over the world is the fact that people have not fully embraced this technology. Another threat that we are likely going to face is the emergence of a new EVC station within the same location where ours is located.

Electric Car Charging Station Business Plan – MARKET ANALYSIS

  • Market Trends

One of the trends in the global electric vehicle charging industry is that in the bid to stay afloat in this pretty green business, owners of electric vehicle charging stations now go the extra mile to ensure that they make their facility welcoming and conducive for customers. Electric vehicle charging stations now have vulcanizing services, car wash, convenience stores, coffee bars, snack bars, and cigar lounges within their facility so as to leverage on the opportunities around them to generate more income.

So also, it is common to find electric vehicle charging stations partnering with electric vehicle manufacturers in other to build and operate charging stations that will be of international standards. In the United States and in most developed countries, it is now the practice for electric car manufacturers, charging infrastructure providers, and regional governments to enter into agreements to promote and provide public charging stations.

  • Our Target Market

Before choosing a location for our electric vehicle charging station business, we conducted our feasibility studies and market survey and we were able to identify the location that will benefit greatly from our products and service offerings which is why we decided to settle for Miami – Florida.

Those who will benefit from our service offering are owners of electric vehicles and electric bikes and they are of course busy corporate executives, business owners, sports men and women, military men and women, households, students and government officials et al. They are the category of people that we intend marketing our electric vehicle charging station services to.

From our recently concluded feasibility studies and market survey, we observed that there are growing numbers of electric vehicle charging stations scattered all over the city of Miami – Florida, as a matter of fact, there are about 3 standard electric vehicle charging stations close to same locations as ours. This goes to show that the competition amongst electric vehicle charging stations is growing rapidly.

Before launching our electric vehicle charging station we have critically studied the market and we know that we have some form of competitive edge. Our competitive advantage is that we have a standard – fast charging electric vehicle charging station that offers additional complementary services that will definitely help us attract and retain customers.

Another competitive advantage that we have is the vast experience of our management team. So also, the wide varieties of other complimentary services and products that we offer, and of course our excellent customer service culture will definitely count as a strong strength for the business.

One thing is certain, we will ensure that in future, we will open our electric vehicle charging stations in various cities in the United States of America and also sell our franchise. With that our brand will be well communicated and accepted nationally.

Electric Car Charging Station Business Plan – SALES AND MARKETING STRATEGY

  • Marketing Strategy and Sales Strategy

The marketing strategy for Stevenson Hi-Tech® EVC Station, Inc. is going to be driven basically by making available standard and safe fast charging systems, excellent customer service and provision of complimentary services. We will work hard to build a loyal customer base that will help us use word of mouth publicity to get their friends and acquaintances to patronize us.

We are quite aware of how satisfied customers drive business growth especially businesses like electric vehicle charging stations which is why we will always ensure that our customer service and facility are top notch.

Over and above, our unique selling proposition is that we have various complementary service offerings such as convenience store, coffee café, snacks bar, cigar lounge, vulcanizing, wheel balancing, wheel alignment, carwash and electric vehicle repair and maintenance services.

In view of that, we are going to adopt the following strategies to ensure that we do not only attract customers but ensure that they become loyal customer; Part of the marketing and sales strategies that we will adopt are;

  • Introduce our electric vehicle charging station by sending introductory letters to electric vehicle and electric bikes owners and other stakeholders both in Miami and in other cities in the State of Florida
  • Open our electric vehicle charging station with a party so as to capture the attention of residents who are our first targets
  • Advertise our electric vehicle charging station on national dailies, local TV and local radio station
  • Promote our electric vehicle charging station online via our official website and all available social media platforms
  • Hire the services of experts to make our brand the first choice in Miami and other cities where we will open our electric vehicle charging stations
  • Delivering good customer experience to all our clients; making our first impression count positively
  • Make use of attractive hand bills to create awareness and also to give direction to our electric vehicle charging station
  • Adopt direct mailing coupon marketing approach
  • Position our signage/flexi banners at strategic places
  • Create a loyalty plan that will enable us reward our regular customers

Sources of Income

Stevenson Hi-Tech® EVC Station, Inc. is established with the aim of maximizing profits in the electric vehicle charging station industry in the United States of America and we are going to go all the way to ensure that we do all it takes to generate enough income from both our basic services offerings and our complimentary services.

Stevenson Hi-Tech® EVC Station, Inc. will generate income by offering the following services and products;

  • Providing fast charging system and battery swap for electric vehicles and bikes
  • Selling electric vehicle spare parts
  • Providing electric vehicles repair services
  • Providing wheel alignment, wheel balancing and vulcanizing services
  • Retailing of groceries, snacks and soft drinks et al

Sales Forecast

It is important to state that our sales forecast is based on the data gathered during our feasibility studies and also some of the assumptions readily available on the field with reference to similar business in Miami – Florida.

We know that we are well positioned and we will definitely attract clients that will not only patronize our electric vehicle charging station but will also patronize our complimentary services.

Below is the sales projection for Stevenson Hi-Tech® EVC Station, Inc., it is based on the location of our electric vehicle charging station and the type of services and products that we will be offering;

  • First Year: $200,000
  • Second Year: $600,000
  • Third Year: $1,500,000

N.B: This projection was done based on what is obtainable in the industry and with the assumption that there won’t be any electric vehicle charging station offering same additional services like us within 4.5 miles radius from our electric vehicle charging station facility.

Electric Car Charging Station Business Plan – Publicity and Advertising Strategy

Despite the fact that our electric vehicle charging station is a standard one that can favorably compete with other leading brands in the global electric charging stations industry, we will still go ahead to intensify publicity for all our services and brand. We are going to explore all available means to promote Stevenson Hi-Tech® EVC Station, Inc.

Stevenson Hi-Tech® EVC Station, Inc. has a long-term plan of opening our charging stations in various locations all around key cities in the United States of America which is why we will deliberately build our brand to be well accepted in Miami – Florida before venturing out. As a matter of fact, our publicity and advertising strategy is not solely for offering our services but to also effectively communicate our brand.

Here are the platforms we intend leveraging on to promote and advertise Stevenson Hi-Tech® EVC Station, Inc.;

  • Place adverts on both print (community based newspapers and magazines) and electronic media platforms
  • Sponsor relevant community programs
  • Leverage on the internet and social media platforms like Instagram, Facebook, twitter, et al to promote our brand
  • Install our billboards on strategic locations in Miami – Florida and all around major cities in the United States of America
  • Engage in roadshow from time to time in targeted communities
  • Distribute our fliers and handbills in target areas
  • Position our Flexi Banners at strategic positions in the location where we intend getting customers to start patronizing our products and services.
  • Ensure that all our staff members wear our customized clothes, and all our official cars and trucks are customized and well branded.

Our Pricing Strategy

At Stevenson Hi-Tech® EVC Station, Inc., our pricing system is going to be based on what is obtainable in the industry, we don’t intend to charge more and we don’t intend to charge less than our competitors are offering in Miami – Florida.

Be that as it may, the management of Stevenson Hi-Tech® EVC Station, Inc. have put plans in place to offer discounts for our complimentary services and products once in a while and also to reward our loyal customers especially when they refer clients to us.

The prices of our products (snacks, cup of coffee, cigar, et al) and services (vulcanizing, wheel balancing, wheel alignment, car wash, and electric vehicle repair and services) will be same as what is obtainable in any part of the United States of America.

  • Payment Options

The payment policy adopted by Stevenson Hi-Tech® EVC Station, Inc. is all inclusive because we are aware that different customers prefer different payment options as it suits them but at the same time, we will ensure that we abide by the financial rules and regulation of the United States of America.

Here are the payment options that Stevenson Hi-Tech® EVC Station, Inc. will make available to her clients;

  • Payment via bank transfer
  • Payment with cash
  • Payment via credit cards
  • Payment via online bank transfer
  • Payment via check
  • Payment via mobile money transfer
  • Payment via bank draft

In view of the above, we have chosen banking platforms that will enable our client make payment for our services without any stress on their part. Our bank account numbers will be made available on our website and promotional materials.

  • Startup Expenditure (Budget)

When it comes to starting an electric vehicle charging station business, loads of factors influences the amount that will be required to launch the business. Factors like the location you intend starting the business, the size your electric vehicle charging station business, the number of complimentary services you want to add to the business, and of course the state of the economy as at when you intend starting the business.

These are the key areas where we will spend our startup capital on;

  • The total fee for registering the Business in Miami – Florida – $750
  • Legal expenses for obtaining licenses (Health department license and business license) and permits (Fire department permit, and Sign permit et al) – $4,500
  • Marketing promotion expenses (2,000 flyers at $0.04 per copy) for the total amount of $3,580
  • Cost for hiring Business Consultant – $2,000
  • Insurance (general liability, theft, workers’ compensation and property casualty) coverage at a total premium – $30,800
  • Cost of accounting software, CRM software and Payroll Software – $3,000
  • Cost for leasing a facility for the electric vehicle charging station – $100,000
  • Cost for facility remodeling – $50,000
  • Other start-up expenses including stationery – $1000
  • Phone and Utilities (gas, sewer, water and electric) deposits – ($3,500)
  • Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $40,000
  • The cost for start-up inventory – $250,000
  • The cost for washer hook-up fees (sewer connection) – $800
  • Cost for serving area equipment for coffee café and snacks bar (glasses, flatware) – $5,000
  • Cost for EVC machines and equipment (automobile repair tools, vulcanizing tools, and wheel alignment tools) – $250,000
  • The cost for the purchase of furniture and gadgets (Printers, Telephone, TVs, Sound System, vacuum cleaner, tables and chairs et al) – $30,000
  • The cost of launching a website – $600
  • The cost for our grand opening party – $5,500
  • Miscellaneous supplies – $10,000

We would need an estimate of $750,000 to successfully launch our electric vehicle charging station business in Miami – Florida.

Please note that our startup cost is higher than the average startup cost for an electric vehicle charging station business because we intend adding coffee café, snacks bar, cigar lounge, car wash, convenience store and other complimentary services.

Generating Startup Capital for Stevenson Hi-Tech® EVC Station, Inc.

Stevenson Hi-Tech® EVC Station, Inc. is a family business that is owned and financed by Mr. Stevenson McCarthy and his immediate family members. They do not intend to welcome any external business partners, which is why he has decided to restrict the sourcing of the startup capital to 3 major sources.

These are the areas we intend generating our startup capital;

  • Generate part of the startup capital from personal savings and sell of stocks
  • Source for soft loans from family members and friends
  • Apply for loan from the Bank

N.B: We have been able to generate about $250,000 (Personal savings $200,000 and soft loan from family members $50,000) and we are at the final stages of obtaining a loan facility of $500,000 from our bank. All the papers and documents have been signed and submitted, the loan has been approved and any moment from now our account will be credited with the amount.

Electric Car Charging Station Business Plan – Sustainability and Expansion Strategy

The future of a business lies in the number of loyal customers that they have, the capacity and competence of their employees, their investment strategy and the business structure. If all of these factors are missing from a business, then it won’t be too long before the business closes shop.

One of our major goals of starting Stevenson Hi-Tech® EVC Station, Inc. is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. We know that one of the ways of gaining approval and winning customers over is to offer our services a little bit cheaper than what is obtainable in the market and we are well prepared to survive on lower profit margin for a while.

Stevenson Hi-Tech® EVC Station, Inc. will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Our organizations’ corporate culture is designed to drive our business to greater heights and training and retraining of our workforce is at the top burner.

We know that if this is put in place, we will be able to successfully hire and retain the best hands we can get in the industry and they will be more committed to help us build the business of our dreams.

Check List/Milestone

  • Business Name Availability Check: Completed
  • Business Registration: Completed
  • Opening of Corporate Bank Accounts: Completed
  • Securing Point of Sales (POS) Machines: Completed
  • Opening Mobile Money Accounts: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of Insurance for the Business: Completed
  • Leasing of facility and construction of our electric vehicle charging station: In Progress
  • Conducting Feasibility Studies: Completed
  • Generating capital from family members: Completed
  • Applications for Loan from the bank: In Progress
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents and other relevant Legal Documents: In Progress
  • Design of The Company’s Logo: Completed
  • Graphic Design and Printing of Promotional Materials: In Progress
  • Recruitment of employees: In Progress
  • Purchase of fast electric vehicle charging ports and equipment, electric vehicle repair tools, vulcanizing tools, and wheel alignment tools: Completed
  • Purchase of the needed furniture, racks, shelves, computers, electronic appliances, office appliances and CCTV: In progress
  • Creating Official Website for the Company: In Progress
  • Creating Awareness for the business both online and around the community: In Progress
  • Safety and Fire Safety Arrangement (License): Secured
  • Opening party/launching party planning: In Progress