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COVID-19: Managing through the Crisis — What’s Your Long-Term Plan?

WEBINAR: What you need to know to balance cash flow and expenses through the pandemic.

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Thursday, 4/9/20, 3 PM EDT

Managing through the Crisis: What’s Your Long-Term Plan?

The COVID-19 pandemic has upended an entire industry’s plans, as trade shows are rescheduled, buying is put on hold and companies both large and small try to balance cash flow and expenses. In this 60-minute webinar, Trace Shelton, Editor-in Chief, INSTORE, will discuss these critical issues with Jewelers Board of Trade President Erich Jacobs and Abe Sherman, CEO of Buyers Intelligence Group.

In this webinar, you will learn:

  • How COVID-19 is impacting the industry now and will impact it in the future
  • Practical insights on how to best manage cash flow and position your business for recovery
  • What payment relief options are available to jewelers
  • Smart things every jeweler should be doing right now for the future
  • How to create a long-term plan to insure stability, profitability and growth
WEBINAR NOTES

Visit the resources link on the BIG website that Abe mentions.

About The Jewelers Board of Trade: As the only commercial credit reporting agency dedicated to the jewelry industry, The Jewelers Board of Trade (JBT) tracks more than 26,000 jewelry-related businesses throughout the United States, Canada and internationally.

About Buyers International Group: BIG designs solutions for the myriad of merchandising challenges facing retail jewelers and manufacturers. BIG utilizes a powerful data analysis tool, Balance to Buy, to help consult with clients and customize their individual experiences and results. For performance groups, BIG dives deeper into understanding the entire business model. The ideas that come from these powerful meetings become actions; analysis turns into profit and shared best practices create strategic plans for the future.

 

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Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at [email protected].

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SPONSORED VIDEO

Celebrate Your Retirement with Wilkerson

For nearly three decades, Suzanne and Tom Arnold ran a successful business at Facets Fine Jewelry in Arlington, Va. But the time came when the Arnolds wanted to do some of the things you put off while you’ve got a business to run. “We decided it was time to retire,” says Suzanne, who claims the couple knew how to open a store, how to run a store but “didn’t know how to close a store.” So, they hired Wilkerson to do it for them. When she called, Suzanne says Wilkerson offered every option for the sale she could have hoped for. Better still, “the sale exceeded our financial goals like crazy,” she says. And customers came, not only to take advantage of the going-out-of-business buys and mark-downs, but to wish a bon voyage to the beloved proprietors of a neighborhood institution. “People were celebrating our retirement, and that was so special,” says says.

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