Create New business plan Essay Example | Topics and Well Written Essays - 3000 words

Create New business plan - Essay Example This category was based on performance of the real jewellery which. As the key consumers of real jewellery are the wealthy persons, therefore they appeared to be less sensitive to the sudden economic slowdown and as a result amongst the other personal accessories, jewellery performed the best. With the positive economic scenario, jewellery sales will continue to grow in the markets of Brazil over the period which is forecasted by the analysts ( ). A Compounded Annual Growth Rate (CAGR) of 10% in respect to this business is projected by the analysts over the forecasted period. The increase in sales value will be dependent on the rise in the unit prices, because sales volumes are likely to see a reduced amount of growth as compared to the value( Confusion). The number of jewellery stores have increased in brazil, Left.... The business will be based on the production and designing of artificial jewellery in Brazil. The jewelleries will be designed as per the latest trends and based on the specifications of the customers as well. The products will have a variety of ranges and designs for customers belonging to various standards. There will be use of precious as well as artificial stones on the jewelleries offered by Belle, as per the need of the customers. Various metals will also be used by the company for making the jewelries. Unlike other jeweler stores, the products offered by Belle will have a sole motive to cater to the need of the people coming from different standard of living. It will have a variety of jewelleries on offering within affordable price ranges. The target market of Belle will be Brazil. It is the fifth largest country in the world. The standard of living of the people of Brazil is quite high. The company will open a shop in Brazil, as the country has a number of real jewellery based shops but lacks artificial jewellery shops. The shop