Diamond network business plan

Rough diamond trading business plan pdf

Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs. We know that if a proper SWOT analysis is conducted for our business, we will be able to position our business to maximize our strength, leverage on the opportunities that will be available to us, mitigate our risks and be welled equipped to confront our threats. Our Target Market Before starting our diamond cutting and polishing business in New York City — New York, we conducted a market survey and feasibility studies and we are certain that there is a wide range of both corporate and individual clients who cannot successfully run their businesses without the services of diamond cutting and polishing companies. They also ensure that the finished diamonds are sold as fast as they can. Scanning devices are used to get a 3-dimensional computer model of the rough stone. As a matter of fact, our publicity and advertising strategy is not solely for selling our products but to also effectively communicate our brand. RBR was positioned as a diamond wholesaler rather than a retailer in the past. The first objective of players in this industry is to maximize their return on investment for the piece of rough diamond purchased. The sales projections are based on information gathered on the field and some assumptions that are peculiar to startups in the United States of America. You can go into contract agreements with those who mine diamond or those who are into trading diamond.

The RBR concept is quite simple, leveraging local jewelers as its "front-end. Carat: The weight of a diamond.

diamond business plan in hindi

It is important to state that starting a diamond cutting and polishing business requires a reasonable start — up capital, and the ability to network and market high profile clients in the society. Customers want not only an excellent quality of diamond but an extraordinary design setting for themselves and their loved ones.

Our workers are going to be selected from a pool of certified and highly experienced diamond cutting and polishing technicians in and around New York City and also from any part of the United States of America as the business grows. Threat: Just like any other business, one of the major threats that we are likely going to face is economic downturn.

Another weakness is that we may not have the required cash to pump into promoting our business the way we would want to. We are well positioned to take on the available market in and around the United States of America and we are quite optimistic that we will meet our set target of generating enough profits from our first six months of operations and row the business and our clientele base.

Diamond cutting and polishing line of business is concentrated in a few cities around the world. Help writing an essay for college Help writing an essay for college essays on stress within the workplace, literature review section of a research paper physics homework helper free narrative essays samples how to start a dissertation introduction how to begin a college essay about the school examples.

marketing plan for diamond jewellery

We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

In the coming years, demand for polished diamonds is projected to continue growing.

Rated 10/10 based on 70 review
Sample Business Plan