Saturday, 12 February 2022

Small Business Help: How host your website in Google

What is Google Workspace?

Google Workspace is a cloud-based productivity suite that helps teams communicate, collaborate and get things done from anywhere and on any device. It's simple to set up, use and manage, so that your business can focus on what really matters.

These are some highlights:
Business email for your domain
Look professional and communicate as you@yourcompany.com. Gmail’s simple features help you build your brand while getting more done.

Access from any location or device
Check emails, share files, edit documents, hold video meetings and more, whether you're at work, at home or on the move. You can pick up where you left off from a computer, tablet or phone.

Enterprise-level management tools
Robust admin settings give you total command over users, devices, security and more.

Sign up using my link and get a free 14-day trial, and message me to get an exclusive discount when you try Google Workspace for your business.
https://referworkspace.app.goo.gl/4osv

Sunday, 6 February 2022

Internet's Most Comprehensive Cost Estimates and Revenue Model for a Public Charging Station (PCS)

Government of India recently released a notification titled ‘Charging Infrastructure for Electric Vehicles – Guidelines and Standards -reg.’. Availability of adequate charging infrastructure is acknowledged as a key requirement for accelerated electric vehicle adoption in the country. In accordance, setting up of Public Charging Stations (PCS) has been de-licensed and any individual/entity is free to set up public charging stations, provided the stations meet the technical as well as performance standards laid down.
Any individual/entity setting up a PCS will need to have the following minimum infrastructure as described in the notification:
Each charging station is required to have a minimum of three fast chargers: a CCS, a CHAdeMo and a Type-2 AC. While the former two will be required to operate on 50kW/ 200-1000V, the Type-2 would be 22kW/ 380-480V. Additionally, the charging station will also have two slow charge points - a Bharat DC-001 (15 kW/ 72-200V) and a Bharat AC-001 (10 kW/ 230V).

​A typical 50 kWh DCFC costs over Rs 1.5 million. Since present models of EVs sold in India cannot be charged above 1C rate and batteries are 11kWh to 25kWh capacity, investment in DCFC of over 25 kWh would yield unappealing returns, unless manufacturers roll out electric cars with batteries capable of fast charging with DC output in the range of 400-500V or higher. This will eventually increase the capacity utilization at PCS and enhance revenues for charging infrastructure providers, making investment in a public charging stations an attractive option.
Charging Standards Application:
The IS:17017-1 published by BIS in August 2018 recommends both CCS-2 and CHAdeMO. In 2017, a Committee constituted by Department of Heavy Industries (DHI) issued Bharat charger specifications for AC and DC chargers: Bharat EV Charger AC001 & DC001. These are slow chargers with DC output below 120 Volts. BIS has agreed to retain these standards which are supporting the EVs presently operating in India. These are expected to wither away as new EVs are rolled out with batteries capable of fast charging with DC output in the range of 400-500V or higher.

​All standards will co-exist in India: CCS-2, CHAdeMO and the Bharat chargers. Tesla cars, according to recent reports will use CCS standard when launched in India.

The status can be summarized as:
  • Two wheelers come with small size batteries which in many cases can be pulled out and taken to homes/offices/shops and charged from normal wall sockets; or can be connected to any PCS.
  • Three wheelers are ideal candidates for battery swapping. In this scenario, batteries may be charged in a large industrial scale facility and charged batteries are trucked to points of 3-wheeler concentration where a 3-wheeler driver can swap the used battery with a fully charged one. Alternatively technology proprietors may install swap stations at a PCS. 3-wheelers could also be charged at any PCS.
  • Buses with battery sizes >100kWh would be sold with proprietary charging standards recommended by the battery manufacturer. These batteries will cost several million rupees and it is not advisable to charge from any PCS. Bus operators will install the charging devices supplied (or recommended) by the bus manufacturer at bus depots and bus depots as required.
  • Present models of electric cars come with various sizes of batteries - 11kWh (Mahindra e20) to 40kWh (Nissan Leaf) to >90kWh (Tesla Model S). These EVs require DCFCs for fast charging. The whole issue of inter-operability of EVSE for different EV models is essentially limited to cars.
​In India so far only Mahindra Electric and Tata Motors have launched electric cars. The present batteries in these cars are not suitable for charging above 1C rate. The off take of electric cars may be slow as individual buyers might watch the space and move with caution as in other geographies. The initial push for electric cars is expected from taxi fleet operators, Government departments, public sector undertakings and large corporates.
Couple of Mahindra e2o Plus electric cars charging at Mumbai DC fast charger - DC-001
Cost Estimates for a Typical Public Charging Station (PCS):
The Capex and Opex of a PCS comprising of minimum infrastructure required as per the GoI notification are estimated below:
*The cost of swap station is considered to be borne by the swap station technology proprietor. PCS provides space for a swap station in return of margin on sale of electricity.
**Land lease rental is assumed to be low as per Delhi EV policy guidelines on providing land at bare minimum lease rentals to charging infrastructure providers.
Revenue Projections from a Typical Public Charging Station (PCS)
Revenue projection from the PCS business is calculated in the next table based on the following assumptions:
  1. 20 hours of charging operations for 30 days/month
  2. Capacity Utilization Factor (CUF) of PCS setup considered at 15% for Year-1, 25% for Year-2, 40% for Year-3, 65% for Year-4 and 85% for Year-5 (optimistic scenario)
  3. Electricity tariff to the DISCOM is considered as pass through to consumer
  4. A margin of Rs 2.5 on electricity tariff is considered in Scenario-A
  5. A margin of Rs 3 in first & second year, Rs 2.5 in third & fourth year and Rs 2 from fifth year on wards is considered in Scenario-B
  6. EVSE Management Software fee considered @10% of net margin on electricity tariff
As may be observed from Table 1 and 2, for an initial investment of Rs 2.95 million to setup a PCS, the net cumulative return in 5 years is Rs 1.77 million under Scenario-A and Rs 1.53 million under Scenario-B. In both the cases there is little or no incentive for third parties to setup and operate PCS. Levying a margin more than 3 rupees will make the EV tariff at par with commercial electricity tariff.
In the present scenario, PCS business is not viable for individuals/entities to invest.

​The government may fail to encourage third parties to set up public charging stations to accelerate electric mobility adoption. However, in case of Delhi, as per Delhi Electric Vehicle Policy, GNCTD will provide a capital subsidy covering cost of chargers and installation expenses. Considering the cost estimates in Table-1, if 100% cost of chargers is subsidized, the IRR on setting up a public charging station in Delhi makes it an attractive investment choice.

Table 3 - NPV & IRR of non subsidized PCS vs 100% charger cost subsidized:

Since business volumes in the initial years will be very low, attracting private investments for PCS network creation can prove to be a challenge in the country; unless capex cost is partly or fully subsidized.
​Also, it will be difficult to build EV charging network in India as a standalone business. Innovative business models to incentivize the public charging infrastructure (PCI) providers and government will be required.

Approximate cost of setting up an EV charging station in India: Vwire Blog

 


Cost of setting up an EV charging station in India



The Indian government has announced that anyone can put up an electric vehicle charging station anywhere in the country as long as it complies with the power ministry’s requirements. In this article, we will explore the cost of setting up an EV Charging Station in India.

So, if you want to build an electric vehicle charging station, all you have to do is meet the government of India’s basic infrastructure requirements and choose the right charging solution supplier and location.

There are numerous sorts of electric car chargers; the most basic is the Level 1 charger, which charges at a sluggish rate. The most prevalent type of charger is the Level 3 charger, which uses DC power and charges quickly.

Why there is a sudden need of EV Charging Stations in India?

An EV charging station must be placed every 3 kilometres in cities and every 25 kilometres on both sides of roads, according to the government’s infrastructure regulations. Every 100 kilometres on both sides of the highway, a charging station for long-range and heavy-duty vehicles should be located (mostly Highways). In addition, to boost industrial transportation, India is building an electric highway connecting Delhi and Mumbai.

We are now nowhere near meeting the requirement (because to the scarcity of EV charging stations in India), and we can see that charging stations are desperately needed.

The demand in major cities such as Bangalore, Delhi, Chennai, Hyderabad, Mumbai, and Pune is immense.

Government Initiatives

The government of India plans to add over 1000+ electric vehicle charging stations before 2023 as part of Phase 2 of the FAME scheme and has already requested proposals from companies.

EV Charging Stations are being subsidized by several state governments.

Cost of Setting Electric Charging Station in India

Depending on the type of chargers utilised and the amount of money involved, the cost of setting up an EV charging station in India ranges from Rs. 1 lakh to Rs. 40 lakhs. The following is a tentative estimate based on a more generic scenario and a supply of 250KVA EV Stations.

Charger TypeCCS – 60kWCHAdeMO – 60kWType 2 AC – 7/22kWBharat DC-001 – GB/TBharat AC-001
Approximate Cost (in INR)12,50,00012,50,0001,00,0002,40,00060,000
  • New Electricity Connection (250 KVA): 7,50,000 /-
  • Civil Works: 2,50,000 /-
  • EVSE Management Software + Integration: 40,000 /-
  • Technicians, Manpower, Maintenance, etc: 3,50,000 /- yearly
  • Advertising and Promotion: 50,000 /-
  • Land Lease (if the land is at lease): 6,00,000 /- yearly

Total Approximate: Rs. 40,00,000 /- (First year including setup and if the land is at lease)

Annual maintenance from the second year: Rs. 10,00,000 /- (Including land lease)

Infrastructure Requirements for EV Charging Stations 

  • A transformer and subsequent substation, as well as safety measures, must be installed.
  • For metering/termination, a 33/11KV cable and supporting equipment should be supplied.
  • Adequate civil works should be in place.
  • There should be enough room for electric vehicles entry and egress as well as charging.
  • Any local certifications that may be required. (This varies by state.)

Understanding the Revenue Model

To understand the revenue model, lets do some calculations for the next 5 years. 

Note: This is just an example, the revenue/profit depends on daily use of the charging station and various other factors including if you own the charging station installation place or not.

If we assume the upfront investment of Rs. 40 lakhs, we can expect to consume 500-1000 kWh of EV electricity every day. Lets just say the daily consumption is 1000kWh.

When it comes to the use of electricity (for 360 days and a fixed margin of Rs. 10 per consumption).

  • 1000 kWh per day for 1st year: 1000x360x10 = 36,00,000/-
  • 1000 kWh per day for 2nd year: 1000x360x10 = 36,00,000/-
  • 1000 kWh per day for 3rd year: 1000x360x10 = 36,00,000/-
  • 1000 kWh per day for 4th year: 1000x360x10 = 36,00,000/-
  • 1000 kWh per day for 5th year: 1000x360x10 = 36,00,000/-

Total Revenue for 5 years: Rs. 1,80,00,000 /-

EV sales are increasing, and the need for charging stations is increasing daily, even though there are just 1% of EVs in India compared to regular automobiles.

The answer is YES if you have the financial means and are willing to take on a larger role as an entrepreneur. Now is the moment to invest in the future, specifically in electric vehicle charging stations.

If you are looking to venture into the EV industry, then you should check out our publication: EV Infrastructure for Dummies.

It has everything which one needs to know about EV infrastructure.

For any details about lithium batteries, contact Inverted Energy.

Wednesday, 2 February 2022

Amazon Delivery Franchise: A Complete Guide

 Amazon Delivery Franchise: If a person has an interest in delivery companies and wants to invest money in a company that delivers goods and services to the customers at their doorstep, then this is the right place for them. A lot of focus is being given on convenience today. Everyone wants everything at their doorstep, whether its food, household items, clothes or crockery items. The more convenience a company provides with its products or services, the more popular it is among today’s public.

This is where Amazon comes in. Amazon is the biggest name in the world when it comes to delivering products to customers at their doorstep. The company has a wide and extensive network that helps in the timely delivery of these products. With options like prime delivery, Amazon offers to the service of delivering products at the earliest to the customers. With its high-quality customer service and worldwide reach, the company has been able to win the hearts of people around the world.

Types of Delivery Services

1. Amazon Logistics

Amazon Logistics is a service offered by Amazon which involves delivery and shipment of products to customers. It competes with other delivery services like FedEx and UPS. Amazon Logistics offers options like 7-day delivery and even same-day delivery. Third-party logistics partners are used by Amazon to deliver products in different areas of the world. These third-party partners are not Amazon employees but they have to adhere to certain rules and regulations that have been set up by Amazon. These stipulations that are to be followed by the third-party logistics partners are regarding insurance, safety training, licensing, vehicle sizing etc.

2. Amazon Flex Service

Amazon Flex Service is a program that has been introduced by Amazon which provides an opportunity for people (especially youth) to earn ₹120 to ₹140 in an hour. The way it works is that a person has to deliver packages and goods to customers on Amazon’s behalf and he will be paid for those deliveries. The program is active in the cities of Mumbai, Delhi and Bangalore as of now. Soon, it will be rolled out in other cities too by the company. Anyone above the age of 18 years can join the Amazon Flex program whether it is a student, retirees, rickshaw drivers, housewives, employed people. On average, one can earn as much as 30,000 rupees every month by delivering products under the Amazon Flex Service.

How to Get Amazon Delivery Agency?

So, are you interested in getting the Amazon franchise? Before we get into the procedure, it’s important to know the requirements, cost and average profit margin, Isn’t it?

Amazon Delivery Agency

Amazon Delivery Franchise Requirements

As is the case with any company, there are certain requirements that need to be fulfilled by an individual if he or she wants to own a franchise for Amazon delivery point.

The first requirement that needs to be fulfilled is regarding the area or outlet space required to set up the outlet. There should be enough area to accommodate all the equipment and other material. There should be enough room in the outlet for 10 to 20 vans. So, the area required comes to be around 150 to 250 square feet. The location of the storage should be in a commercial area.

The second requirement that must be fulfilled by an individual in order to acquire an Amazon India delivery franchise is regarding the number of workers that should be employed in the facility. A minimum of 8 people should be employed as the working staff in the facility. The workers also have to go through drills and training organized by the company in order to be fully equipped in handling their workload.

Amazon Franchise Cost in India

One major thing that investors take into consideration while deciding whether to invest money in a company or not is the amount of investment required. Every investor wants high returns in exchange for low investments. The cost of investment that is estimated to be required to acquire an Amazon India delivery franchise comes to around 2 lakh rupees.

Amazon Delivery franchise Profit

There are a lot of benefits associated with being an owner of an Amazon India delivery franchise. One of them is the attractive returns that an individual gets from the franchise. 50,000 to 2 lakh rupees is the amount that a dealer stands to earn from the franchise. There is also a commission of 10 percent on sales that a dealer receives from the franchise. The average return on investment comes around to be 20 percent and the investor is expected to earn back the investment amount within a period of 4 to 6 months since the start of operations.

How to Get Amazon Delivery Franchise in India

There are certain steps an individual has to follow in order to acquire an Amazon India delivery franchise. The first thing that an individual needs to do is to visit the company’s official website and make an account. After that, they have to fill out an application form applying for an Amazon delivery dealership. Several personal and official details need to be fulfilled by the individual in the form.

After that, the form is reviewed by the support staff of Amazon India and if the candidate moves further in the process, he or she has to go through training to learn the ropes of the business. Then, the individual can set up the business and can also train their employees. And the final step is to launch the business.

Contact Details for Franchise Enquiry

If a person has any queries and wants to talk to the support staff of Amazon to clear any doubts regarding the franchise for Amazon delivery point, then they can call the company’s customer care service.

More About the Company

Based in the city of Seattle, USA, Amazon is a multinational technology company. Amazon’s areas of focus include artificial intelligence, e-commerce, digital streaming and cloud computing. In the list of four biggest tech companies in the world, Amazon has a place along with Apple, Google and Facebook.

Considered to be the world’s largest marketplace, Amazon has brought a huge change in the way business is conducted through its innovations and large-scale operations. Regarded as one of the most valuable companies in the world, Amazon brings in the largest amount of revenue in the world. Also, Amazon ranks 2nd on the list of the largest private employers in America.

The founder of Amazon is Jeff Bezos who started the company in the year 1994 in Bellevue, Washington. Initially, Amazon was an online marketplace where people could buy books but with time, the company expanded and added other products and services to its list like electronics, furniture, jewelry, apparel, video games, software etc. The company has different platforms like Amazon Prime Video, Amazon Publishing, Amazon Studios and Amazon Music to provide a varied range of products and services to its consumers. The company has a presence in various different fields as it has more than 40 subsidiaries like Zappos, Goodreads, IMDB and Twitch.

Amazon Prime, a new service introduced by Amazon in 2018 to deliver products within two days to a customer, today has more than 100 million subscribers across the world.

Frequently Asked Questions

How do I get an Amazon delivery franchise?

The first thing an individual has to do in order to own a franchise for Amazon delivery point is to visit the official website of the company and make an account. After that, an application form has to be filled by the candidate to apply for the dealership. Then, the candidate has to go through the necessary training after which he or she can set up and launch the franchise.

Is the Amazon delivery franchise a good investment?

Yes, Amazon’s delivery franchise is considered to be a very good investment. A dealer can earn from 50.000 to 2 lakh rupees in a month. Above that, he or she can also earn a 10 percent commission on sales.

What is the salary of an Amazon delivery boy?

An Amazon delivery person can earn around 30,000 rupees in a month.

How much does Amazon pay per delivery?

With the Amazon Flex service, Amazon India pays 120 to 140 rupees per hour to a delivery person.

How much does it cost to start an Amazon delivery business?

The initial investment required to start an Amazon delivery dealership comes to around 2 lakh rupees.

How much does Amazon pay independent contractors?

An independent contractor can earn 50,000 to 2 lakh rupees in a month from Amazon. Apart from that, they can also receive a 10 percent commission on sales.

Popular franchise Opportunities:

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Final Words

There are a lot of benefits associated with being the owner of an Amazon delivery franchise. Amazon is one of the top 4 biggest companies in the world. Thus, it is popular throughout the world. This popularity of the company helps the investors in generating revenue. Amazon is a multi-billion dollar giant that is going to keep on growing. So, if a person is interested in the business of delivery service and wants to invest in a delivery service company, it does not bigger or better than Amazon.

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