Union jewelers

by Iloh fred in

DESCRIPTION

Union jewelers is an online jewelry market where the most exotic and exquisite accessories are found, bought and sold. Items ranging from original watches, diamond rings, gold chains, stone earrings, mouth grills, pendants and charms. We trade items from our designers and costumers. Only the best quality and authentic metal and brands

Me and project friends on meeting

THE PLAN

The company

Union jewelers is going to be the first extensive online trading platform for all forms metal,stone and craft accessories. We connect jewelry owners and buyers to costumers and designers worldwide. Only authentic and pristine item will accepted and displayed. Buyers will purchase from our secure payment platform, product n payment warranty insured.

The market

The jewelry industry is highly fragmented with thousands and thousands of artisans competing for distribution contracts and fame. Some work and distribute locally, others have national distribution systems set up. Some artists will design products for larger companies to manufacture, others will design and make the pieces themselves. Union jewelers intend to unite artist and traders to thier target audience.

Financial Considerations

Union jewelers will be completely financed by NaturFund. We will pass our break-even point within the first year. Conservative projections based on sales over the next three years yield an annual revenue of $50,000 by Year 3. The company expects its cash account to remain healthy.

Objective

The objectives for the first three years of operation include:

To create a jewelry trading company whose primary goal is to exceed customer's expectations.

The utilization of Contemporary designs in at least 40 different galleries.

To increase the number of designs offered by 28% per year.

To develop a profitable/sustainable home-based company.