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Business Model

The mission statement of our company is “Creating efficient energy for a quiet future”. This mission describes the goal of our company briefly. We want to take noisy windmills and control the noise to a low level. The Product/market scope of our company is to attract large energy producing companies on a state-by-state basis and state governments. We understand that we will not sell these things to everyday people. These turbines cost millions and the government actually seeks alternative energy sources nowadays.

Our basis for differentiation from the other companies out there is the reduction of noise production by 10 dB (half the noise) while keeping high energy production/efficiency. This way we can compete with giants like GE or other manufactures. Strategic Resources that makes us stand out is our Engineering knowledge of acoustics, mechanics, and electronics. Also a rising public desire for clean, efficient energy can get us into the market if people believe in our idea. Our target consumer is going to be State governments and large energy production companies.

Lots of states like Maine, Massachusetts, and California are looking into green energy and us going in at this time is perfect. We’d like to have a sales representatives and

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advertisements in magazines about renewable energy. Some magazines can include Popular Science and IEEE Spectrum. We want to price the mode at a manufacturing price of $1. 1 million and a sales price of $3. 5 million. Our suppliers will be a U. S. A. based manufacturer. And our partner company would most likely be General Electric Licenses & Permits A lot of research has gone into the requirements to get Silent Air Co.

started. We will be located in Maine, and have found all of the licenses and permits that will be required for our start-up. Title 13-C of the Maine Business Corporation Act, as well as Title 13, c. 22-A of the Maine Professional Service Corporation Act and Title 5, c. 6-A of the Model Registered Agents Act dictate the different permits and licenses we will have to obtain. All of the licenses and permits required are very basic permits for a typical start-up company. We will need to obtain a Business License, Federal License, and a Sales Tax License.

Some of the permits required are a Fire Department Permit, an Air and Water Pollution Control Permit, a Sign Permit, as well as generally Health Department Permits and clearance for business zoning. To ensure that nothing sneaks through on us, we will have a lawyer who specializes in Business Law to check everything over for us and be sure we are on the right track. We have been in contact with Joseph Cassidy Esq. and though we do not have a contract set with him yet, he has been very helpful in assuring us that we are on the right track so far, and he is dedicated to us staying on track.

Having all required permits and licenses is very important and is not something that we will overlook. Licenses Businesses require lots of licenses and our company must adhere to lots of things. Being that it needs to be manufactured, shipped, tested, and guaranteed to work properly we have lots of forms to fill out. All the forms above are related into opening a business in the state of Maine. Looking through these form we can see that lots of money is needed and forms to be completed.

All these forms must be completed since it is under the Title 13-C of the Maine Business Corporation Act, Title 13, c. 22-A, Maine Professional Service Corporation Act, and Title 5, c. 6-A, Model Registered Agents Act. Permits Permits are necessary for lots of things when starting a business. For example we need a fire department permit so we can be ensured during fire damages, an air and water permit, sign permit, county permit, state permits, and health permits. Most of these permits are placed to control certain variables a company might not have thought about.

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