Connect with us

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

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

Advertisement

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

Advertisement

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

SPONSORED VIDEO

Thinking of Retirement? This Jeweler Went for the Company That Shares His Values

Richard Frank of Goldstein’s Jewelry in Mobile, Ala., had worked in his family’s store since he was 13-years old. As its owner, he was proud to be at the helm of Mobile’s oldest jewelry store, an AGS, IJO and RJO member business. But there comes a time in every jeweler’s life when a decision must be made regarding the future. And for Frank, that meant turning the store over to new owners. He chose Wilkerson to handle the sale, a decision, he says, made a long time ago. “Their reputation is such that all the things we value are what they value,” he says. And the results surpassed Frank’s own expectations. Would he recommend Wilkerson for other jewelers who are considering a going-out-of-business or retirement sale? “If you’re contemplating a sale to maximize the return on your business, there is no one else in the industry that I could even think of recommending.”

Promoted Headlines

Most Popular

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

Thinking of Retirement? This Jeweler Went for the Company That Shares His Values

Richard Frank of Goldstein’s Jewelry in Mobile, Ala., had worked in his family’s store since he was 13-years old. As its owner, he was proud to be at the helm of Mobile’s oldest jewelry store, an AGS, IJO and RJO member business. But there comes a time in every jeweler’s life when a decision must be made regarding the future. And for Frank, that meant turning the store over to new owners. He chose Wilkerson to handle the sale, a decision, he says, made a long time ago. “Their reputation is such that all the things we value are what they value,” he says. And the results surpassed Frank’s own expectations. Would he recommend Wilkerson for other jewelers who are considering a going-out-of-business or retirement sale? “If you’re contemplating a sale to maximize the return on your business, there is no one else in the industry that I could even think of recommending.”

Promoted Headlines

Most Popular