Business Proposal Research Essay
Brazil is considered as one of the fastest growing regions along with India, China and South Africa. The prospects of producing and selling granite In Brazil are Indeed encouraging and a lot of construction businesses and companies are working in Brazil on different large scale projects. The prospects of selling granites In Brazil and neighboring countries are indeed immense but on the flip side, the investment outlay Is also large, several billions of US Dollars which this company could Ill afford at this tag (Geological Society of London et al, 2005).
Exportation of marble in collaboration with an Italian company Coming to the second option, that of strategic alliance with Italian company for marble export, it is indeed a WIN WIN situation for both parties and mutually beneficial, but the fact remains that, the marble business is still in incipient stage for this company and it would take at least 2-3 years to break even. While the proposal sounds attractive on paper, Its modalities have to be worked out by the Technical and
Commercial teams which would indeed take some time. For the present, this project needs to be shelved In a more elaborate manner for it presents a new market niche
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Slovakia real estate and construction industry is booming and setting up a tile retail business can be a viable business proposal. The readily available market basically underpins the fact that, less marketing will be undertaken in order to promote the product. Also, the Slovakia market segmentation is characterized with low competition levels. This basically indicates that, there will be less competition from other businesses undertaking the same venture (Economist Intelligence unit, 1998). Conclusion and recommendations:
In conclusion, setting up a retail tile business in Slovakia provides a whole spectrum of growth, given the fact that, the building and construction Industry In the country is blooming. Also, setting up a granite manufacturing plant in Brazil is another viable venture; however, It faces a challenge of stiff competition from already established companies. On the other, the success of setting up a joint venture with an Italian company will largely depend on the available resources that the merger 1 OFF unique in the sense that, each proposal is associated with unique advantages as well as disadvantages.