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Do You Or Don’t You … Have a Board of Advisers?

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[componentheading]Yes, I Do[/componentheading]

Do You Or Don’t You … Have a Board of Advisers?We conduct focus groups throughout the year to keep track of where we are and what we need to improve on. — Daniel Pugh; Pugh’s Diamond Jewelers, Zanesville, OH

Polygon! — Jeff Vierk; Vierk’s Fine Jewelry, Lafayette, IN

Focus Business Management! — Steve Hunt; S & S Jewelry, New Martinsville, WV

Independent Jewelers Organization — great for bouncing ideas off one another. — David Mann; David Mann Jewelers, Geneseo, NY

I just started trying to create a local mentoring group — local businessmen in various industries who are able/willing to share ideas. — Peter Tims; White Mountain Jewelers, Show Low, AZ

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Scull & Co., a retired CPA and my current CPA. — Woody Justice; Justice Jewelers, Springfield, MO

John Hersey International. They offer an amazing leadership program with employee profiles and personal counseling. — Stephenie Bjorkman; Sami Fine Jewelry, Fountain Hills, AZ

Edge Retail Academy helps us to look at our stock turn, inventory, return on investment, number of clients, vendors, promotions etc. — Linda Griffiths; Hoovers Jewelers, Kearney, NE

We have a board of advisers consisting of 12 jewelers from all over the country, getting together twice a year. Our group is hosted by Abe Sherman of BIG and renamed Plexus. It’s an incredible, dynamic experience and has helped all of us be better stores. — Mark & Monika Clodius; Clodius & Co., Rockford, IL

I belong to the Southeastern Jewelers Alliance. We help each other on store issues and give advice and guidance to each other. — Bill Warren; The Gold Mine, Hudson, NC

Continental Buying Group officers and members. — Karl Sachs; Sachs Jewelers, Shrewsbury, MA

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Small Business Association. It’s free, and the director is my counselor who checks out our numbers and advises us annually. — Cathy Cook; Cathy Cook Jewelry, Vidor, TX

[componentheading]No, I Don’t[/componentheading]

Have tried before but found it unrewarding. — John Przeclawski; Jewelry Plus, Casselberry, FL

I have a business degree, and if I do not know what I am doing by now, oh well! Most jewelry store owners may be good at jewelry or art, but they do not
know how to run a business. They buy with their hearts and not with their heads. You have to use both to stay in business. — John Anthony; John Anthony Jewelers, Bala-Cynwyd, PA

I am the board. I don’t need anyone telling me how to run my business. I’ve got government to do that. — Joe Donlon; Donlon’s Quality Time, Ventura, CA

I’ve been doing this for more than 25 years, and although I like to keep up with current trends via books, magazines and the Internet, I’m pretty confident that I know what works for my business. — Janne Etz; Contemporary Concepts, Cocoa, FL

[span class=note]This story is from the May 2011 edition of INSTORE[/span]

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You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”

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Do You Or Don't You?

Do You Or Don’t You … Have a Board of Advisers?

Published

on

[componentheading]Yes, I Do[/componentheading]

Do You Or Don’t You … Have a Board of Advisers?We conduct focus groups throughout the year to keep track of where we are and what we need to improve on. — Daniel Pugh; Pugh’s Diamond Jewelers, Zanesville, OH

Polygon! — Jeff Vierk; Vierk’s Fine Jewelry, Lafayette, IN

Focus Business Management! — Steve Hunt; S & S Jewelry, New Martinsville, WV

Independent Jewelers Organization — great for bouncing ideas off one another. — David Mann; David Mann Jewelers, Geneseo, NY

Advertisement

I just started trying to create a local mentoring group — local businessmen in various industries who are able/willing to share ideas. — Peter Tims; White Mountain Jewelers, Show Low, AZ

Scull & Co., a retired CPA and my current CPA. — Woody Justice; Justice Jewelers, Springfield, MO

John Hersey International. They offer an amazing leadership program with employee profiles and personal counseling. — Stephenie Bjorkman; Sami Fine Jewelry, Fountain Hills, AZ

Edge Retail Academy helps us to look at our stock turn, inventory, return on investment, number of clients, vendors, promotions etc. — Linda Griffiths; Hoovers Jewelers, Kearney, NE

We have a board of advisers consisting of 12 jewelers from all over the country, getting together twice a year. Our group is hosted by Abe Sherman of BIG and renamed Plexus. It’s an incredible, dynamic experience and has helped all of us be better stores. — Mark & Monika Clodius; Clodius & Co., Rockford, IL

I belong to the Southeastern Jewelers Alliance. We help each other on store issues and give advice and guidance to each other. — Bill Warren; The Gold Mine, Hudson, NC

Advertisement

Continental Buying Group officers and members. — Karl Sachs; Sachs Jewelers, Shrewsbury, MA

Small Business Association. It’s free, and the director is my counselor who checks out our numbers and advises us annually. — Cathy Cook; Cathy Cook Jewelry, Vidor, TX

[componentheading]No, I Don’t[/componentheading]

Have tried before but found it unrewarding. — John Przeclawski; Jewelry Plus, Casselberry, FL

I have a business degree, and if I do not know what I am doing by now, oh well! Most jewelry store owners may be good at jewelry or art, but they do not
know how to run a business. They buy with their hearts and not with their heads. You have to use both to stay in business. — John Anthony; John Anthony Jewelers, Bala-Cynwyd, PA

I am the board. I don’t need anyone telling me how to run my business. I’ve got government to do that. — Joe Donlon; Donlon’s Quality Time, Ventura, CA

I’ve been doing this for more than 25 years, and although I like to keep up with current trends via books, magazines and the Internet, I’m pretty confident that I know what works for my business. — Janne Etz; Contemporary Concepts, Cocoa, FL

[span class=note]This story is from the May 2011 edition of INSTORE[/span]

Advertisement

Advertisement

SPONSORED VIDEO

You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”

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