8/4/2019 Report on Business Plan of Rana Emerald Manufacturers

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Report on Business Plan of Rana

Emerald Manufacturers

BY:- DETAILED REPORT ON BUSINESS PLAN

8/16/2011

NAVED KHAN & MOHD. BILAL

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SYNOPSIS

The Business plan is of an emerald manufacturing firm, whichhas been started bytwo partners- NAVED KHAN & MOHD. BILAL. Both of the partners contributed

equal money in the business, and themoney has been arranged from personal

sources (parents). Firmhas been located at SALIM MANZIL, HALDIO KA RASTA,

JOHARI BAZAR JAIPUR, Which is themost suitable location foremerald dealers

and manufacturers. Owners of the firm are new as Entrepneurs, but very

experienced at Jaipurs Emerald market.

y The basic idea behind this business plan is to establish an emphaticmanufacturing unit which is supported by properresearch and analysis of

themarket.

y Firmhas a pre-established network of buyers, suppliers and brokers.y Firm acquireemerald rough direct from Zambia through various trusted

suppliers.

y From cutting to polish, forevery specific task there is a well trained andeconomic labor.

y Network of buyers are in OMAN, DUBAI and ITALY, who gives regularorders.

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MARKET OPPORTUNITY

Jaipur possess a big market for gemstones and jewellery, over the world almost

70 percent of the gemstones has been supplied from jaipur. Even the firms whichare involved in gemstones business are scattered over the city, there is an

association of all jewelers. This association has been termed as Jaipur Jewelers

Association.

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MARKET AT MACRO LEVEL