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Air Energy Executive Summary

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Our company Air Energy is headquartered in Reston, Virginia. We believe that by placing our company at Reston would be a perfect location based on our target market. The state of Virginia has the second highest concentration of tech workers in the nation. At nearly one of every 10 private sector workers in Virginia works for a technology company. These statistics reveal how big of an influence technology has among the state of Virginia which makes it suitable for Air Energy to market our products to the consumers. In addition, the state of Virginia, especially in Reston, is a central East Coast location that has easy access to major national and international markets.The location being so close to the capital allows a great path to potential …show more content…

From the data, Palo Alto office space costs almost twice as much per square foot as urban San Francisco. Some of the biggest technology names include Facebook, Tesla, Hewlett-Packard, and Waze that started their headquarters in Palo Alto. The priceonomics were able to perform a survey that determined what the average costs of rent these startups were paying for their location, how many people they employ, and the square footage of their office. The average price of office space that they got from the survey among the startups was $6,100 which was extremely costly that is unfavorable to the overall net income of the company. Overall, Virginia has an enormous advantage in low costs of the estate as well the close proximately to the capital that allows great access to broad range of major …show more content…

The main reason is that these large corporations will benefit significantly using our newly developed technology. Technology is the main source for this corporation to function smoothly. By adding our feature will notably boost their cost efficiency when operating a business in their respective fields. Some of the specific industry would include the financial institutions. Financial institutions include Bank of America Merrill Lynch, Goldman Sachs, Barclays, UBS, Morgan Stanley, and JP Morgan. These financial institutions are currently run by complex technologies that have helped these institutions generate a significant amount of profit. The financial sector is always seeking to find news ways to increase profit while decreasing the expenses that counts towards their overall cash flows. By allocating our Air Energy product will make a positive impact on these sectors which is why financial institutions would be a target market for Air Energy. Our company's main competitor would be Tesla. Tesla was able to create a solution that uses localized setting for wireless charging for vehicles. However, Tesla is specific to the automobile industry. As companies are finding its ways that will create solar energy solutions that are more efficient is the challenge that our company has to overcome. With our cost efficiency in locating the perfect place for headquarters and our ability to incorporate the

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Introduction Tesla Motors is the company that took the automotive industry by storm with a very unique and new concept. To create luxury vehicles that are not gasoline powered but in fact electric powered vehicles. If you don’t believe me telling you that they have and will continue to revolutionize the global automotive industry, let the numbers and consumers speak for themselves. “The company’s stock price had climbed from $34 million in January 2013 to over $250 million in March 2014.

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Furthermore, Tesla also has opened a factory in Tilburg, Netherlands to catalyse our expansion plans. Tilburg being near to the Rotterdam port and further located in the heart of Europe was the main reason behind choosing it as a preferred destination. The role of this plant is to import vehicles and make sure that the supply meets the demand. Other than that, it also handles operations for the Europe and other neighbouring countries. ("Tesla Factory | Tesla Motors") Type of warehousing We at Tesla use Breakbulk warehousing for our operations.

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