Valentino Chocolates investing plan Rationale Valentino chocolates, which are made in Turin,areluxuryproductswithauniquetaste.Theyhavewonmanyinternationalawardsandsohave expanded promptly over the past 10 years. The event file just about the federation: 300 employees, 75 company-owned shops and a turnover of 90 million and its all about this company.Nevertheless,inthelast2years, gross salesgrowthhassloweddownandcostshaverisen.Thishascausedafallinprofits. Objectives To solve our received problems and enable Valentino to become a competitive international business, we apprize an investment of รข‚¬1,5 million. Strategy and execution The Board of Directors has agreed the following investment plan: -Firstly, we essential finance a grocery store trace and query trips to the US.AstheUSisalargemarketwherewecanprovokecreate mammoth demand for our products, we must consider it as a say-so target market. These trips will let us assess the market potential for Valentino prod ucts and contact some potent trade agents. -The blurb area we must pay attendance to is investing in an existing group of cafes. Being a partner in cafes which sell and promote Valentino chocolates, we will be able to temper out the range of our products thereandincreaseourproposal in generalmarket share.
- It is indispensableessential to buy a cutting spend of cars to increase motivation of the sales staff, because it plays a colossal role in the whole process of manufacturingthe companys expansion. . - We must consider setting up online sales. In such(prenominal) way we will be able to widen our guest b ase and increase sales and profits, making u! s more than competitive. Cost Finance a market measure and interrogation trips to the US-$200,000 present in an existing group of cafes-$500,000 Set up online sales-$300,000 Buy a new fleet of cars-$500,000 Timeline Market fall out to the US: process to be completed by July redact in cafes: to be completed in 2 months clip Online sales: website up and running by June New fleet of cars: to be...If you necessitate to get a full essay, order it on our website:
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