Business Plan For Jewellery Business

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The primary revenue source for the business will come from the direct sale of jewelry inventories to the general public.

These initial inventories will include watches, bracelets, rings, earrings, and other jewelry products that are in demand.

The [COMPANY NAME] aims to purchase business licenses etc, for $1,000 as well as initial office stationary for $1,000.

The Company also aims to purchase a year's worth of insurance for $10,000 as well as a 5 year lease on the property for $30,000 per year.

Approximately 70% of the [COMPANY NAME]'s revenue will come from the sale of jewelry products.

A secondary source of revenue for the business will come from the sale of designer purses and handbags.[ Note: One of the BIGGEST mistakes almost all new businesses make is that they WASTE tons of valuable time, energy and money on trying to create something "new", that has never been tested or proven... During my career as a business coach and consultant I've helped dozens of business owners start their businesses, market, expand, get out of troubles, sell their businesses and do practically every other small business activity you can think of. A detailed manual that will walk you step by step through all the essential phases of starting your business A complete business plan template.This fill-in-the-blanks template includes every section of your business plan, including Executive Summary, Objectives, SWOT Analysis, Marketing Analysis and Strategy, Operations Plan, Financial Projections and more (a similar template is sold elsewhere for .95). Success Tip: Setting Goals Good management is the key to success and good management starts with setting goals.Location [COMPANY NAME] will be a sole-partnership owned 100% by [NAME] and will be located in Morgantown, WV – in the Suncrest Town Centre.The Company [NAME] will be the owner and manager of [COMPANY NAME], offering a variety of unique jewelry pieces as well as high quality repair and maintenance services, all available at competitive prices to the local community.This, alongside ,000 of owner investment, will be utilized to purchase both short and long term assets such as jewelry cases, safes & security cameras, inventory as well as help cover the costs of accounting, marketing and a company vehicle, as outlined in the Milestones Table. Small boutique that carries outstandingly unique designs, not easily found elsewhere, offering customers a variety of options outside of big store names. Purchased equipment will be the most energy efficient equipment available. Hire employees; the Company will look to hire both minorities and the unemployed.The major focus for grant funding is as follows: 1. [COMPANY NAME] has several objectives it would like to fulfill. To become a recognized leader in the community for providing outstanding jewelry inventories and jewelry related services. To aggressively expand during the first three years of operation. To develop an online presence by developing a website with company information and advertising. To operate the Business as environmentally friendly as possible.The market will therefore focus on those above the age of 18, located specifically in Morgantown, WV as well as those in Uniontown, which is only a 45 minute drive from the Suncrest Town Centre.Financial Considerations The current financial plan for the [COMPANY NAME] will be to secure 5,000 in grant funding by the spring of 2011.These products will be made from the highest quality metals including sterling silver, gold, and platinum.The [COMPANY NAME] will also carry a number of jewelry products that feature precious stones such as diamonds, rubies, emeralds, sapphires, and other rare stones.

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