12.10.2020

Starting a solar power business: What do you need to prepare?

The demand for solar energy is increasing day by day. If you want to ride this wave and are exploring the conditions for starting a solar power business, you might be wondering what you need to prepare for solar business. Below are the answers to what is required to start a solar business, according to DAT Solar.

Capital

This is a mandatory factor for starting a solar energy business. When working with DAT, you need around 4.000-8.000 USD if you already have a company or store. In case you are just starting a solar business, you need about 12.000 USD. This capital is used to purchase input products such as solar panels, inverters, and other accessories in the system.

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Basic knowledge of solar technicalities

To sell a product, you need to understand it well. To run a solar energy business, you also need a solid understanding of the basics. At DAT Solar, you will participate in basic solar technical training, including surveying, installation, operation, etc. DAT Solar experts will work with you on initial projects, ensuring your mastery of the technology and expertise needed for self-execution.

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Consultation and sales closing skills

In addition to technical knowledge, you will also participate in sales and consultation training sessions organized by DAT Solar.

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Installation technicians with basic knowledge of civil electricity (2-3 people)

This is one of the crucial conditions for you to run a solar business. This team directly conducts surveys and installations for customers. Surely, you cannot perform the system installation on your own, right?

Sales staff (if necessary)

You can find customers on your own, but consider hiring sales staff if necessary.

Store, warehouse (if not available)

A storefront to introduce and display products for customers to visit directly. A professional-looking store or company inspires customer confidence.

A warehouse is also a necessary factor for any business entering the solar energy market. Having stock in the warehouse improves the responsiveness of the business to customer demands.

Logo (if not available)

This is the first point of differentiation between you and countless other businesses in the market. If you don’t have a logo, conceptualize ideas and seek professional designers to finalize it.

Website dedicated to solar energy business (Must-have)

The website is your store on the internet. Unlike regular stores where only local customers can visit, a website has no such limitations. Any potential customer can access it if you promote it well. Your website must convey professionalism, knowledge, experience, and credibility to potential customers.

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Fanpage (Must-have)

Social media is where you can find your first customers and promote your brand. Currently, the rate of Vietnamese people using the social media platform Facebook is very high. If you manage your fan page and social media well, the results for your business can be very positive.

Brochure

Many partners come to DAT Solar with the question, “Can I get support for catalogs, brochures before making a purchase?” The answer is yes: DAT Solar will support 50% of the printing cost for 1000 brochures of the Household Grid System when you place your first order. Support includes printing and inserting the partner’s logo into the brochure.

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Signage, display booth

Depending on the capabilities, scale, and business situation of the partner, DAT Solar will provide different support for various types of Point of Sale Materials (POSM), such as storefront signage, solar panel display booths, inverter display booths, indoor posters, and two-sided store column boards.

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Business Plan, Customer Acquisition

When preparing to start a business, you must have a business plan. You need to determine where your customers will come from. DAT Solar will then advise and guide you in choosing potential markets, clarifying opportunities, and challenges for you. If you are already doing business in areas such as cameras, solar water heaters, air conditioning, etc., this is a good starting point.

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Conclusion

Has this article somewhat answered your question “What do you need to prepare for a solar business?” Careful preparation is always better. DAT Solar believes that this article will help you in planning. When you are ready, join and conquer the billion-dollar fever with DAT Solar!