Friday 18 February 2011

Wseas Transactions

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Transactions: INTERNATIONAL JOURNAL of ENERGY and ENVIRONMENT
Transactions ID Number: 20-424
Full Name: Pasi Ojala
Position: Professor
Age: ON
Sex: Male
Address: Hintanmutka 17 A 6 90650 Oulu
Country: FINLAND
Tel:
Tel prefix:
Fax:
E-mail address: pasiojala10@yahoo.com
Other E-mails: pasiojala10@hotmail.com
Title of the Paper: Developing a business plan for bio-energy companies
Authors as they appear in the Paper: Pasi Ojala
Email addresses of all the authors:
Number of paper pages: 9
Abstract: Business plan is important tool for managing any business. This is due to the fact that it form up a basis for the business as well as discusses how important challenges should be solved. To be successful it needs to take into account several different business factors and finally all these factors need to be presented in written format and in synchrony. Rather often also third parties like financing institutions are interested in of the business plans as they form a solid basis for making funding decisions. This paper discusses about the business as concept and outlines the importance of a business plan for an entrepreneur. After motivating entrepreneurs for making a business plan, this paper discusses about the content of it and links it into the daily management of a company. Especial emphasis in the discussion is in giving writing instructions for entrepreneurs having an interest for writing a business plan. As all business plans need to be usable in practi!
ce, this paper discusses also about the characteristics of bio-energy business where the proposed plan is tested in practice. Industrial experiences from the bio-energy seminar show that proposed business plan is seen usable in bio-energy companies. They also show that designed writing instructions given step by step are helping in the writing work. As a whole proposed business plan serves bio-energy entrepreneurs and financing institutions as an action plan, road map and sales tool and also informs customers about the bio-energy company's ways of working. The theoretical discussion in this paper has been written using a constructive research method. Therefore the theoretical part of this paper constructs a new reality by using results which in part have been presented before and have proven to be usable. The industrial experience part of this paper is a case study. The case study method has been seen usable as it gives rich qualitative understanding to the phenomena ex!
amined. As well when presented in chronologically proceeding style giv
es a logical outlook to the seminar kept in real life.
Keywords: Business plan, planning, bio-energy, industrial experiences.
EXTENSION of the file: .pdf
Special (Invited) Session: Business Plan Model for Bio-energy Companies
Organizer of the Session: 650-116
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