Abstract
This study shows what is the best way to grow up businesses in material and chemistry fields for carve-out companies.
We considered business plan by a figure with x axis as a fellow and y axis as a size of a company. Here, fellow means stockholders, customers, person in the same business, and so on.
As a result, we found it is better business plan for carve-out companies to increase fellow with small-scale investing than to invest in a large scale without increasing fellow.
Furthermore, by adding a axis which shows mount of money in the fellow, this figure shows a size of material and chemical business, and help for a evauation of the carve-out companies.