Analysis of an Existing Business: Sheer Miracle Cosmetics.
Sheer Miracle Cosmetics is a retail business in Canberra which specializes in the sale of mineral skin care products. Sheer Miracle Cosmetics is registered as a partnership between two cousins, Mark and Agnes. After leaving college, Mark and Agnes set out to find jobs according to their professional qualification.
It was during this time that Mark saw an advertisement by Whole Sale and Retail Beauty Products on www.wholesaleskincare.com.au requiring small businesses which could sell their mineral beauty products. Mark being a man did not know much about beauty but had a passion for business considering he was brought up by a father who was a businessman.
That is when he consulted Agnes and with their parent’s help and from their collective savings they have been able to set up the business. They registered the company in their names as a partnership because they were the two of them jointly starting a business.