What’s your favorite day of the year? There are a lot of options to enjoy across the annual calendar, but one in particular often goes unheralded:...
Your competition is not just other jewelers.
Monthly data comparison highlights a surprising trend.
Stores are continuing to battle a headwind with margins.
It doesn't happen by chance.
The selling price, and ultimately the margin and profit you make from a piece of jewelry, can be a cause of angst for many jewelers. Bottom...
It's quick, easy and highly effective.
It's time to ask the five "W" questions.
How do your colored-stone sales and average price compare to similarly sized stores?
Your inventory goal? More of the stuff that is good for your business; less of everything else.
There's a key factor that sets it apart.
It’s no time to be complacent.
Is this the beginning of stabilization in average sale/units sold?
Stores are seeing reduced sales unit volume but increased average sale.
Measure these areas to determine your marketing effectiveness.
12-month rolling sales are up.
It’s very easy to have a business become an all-consuming lifestyle that you eat, sleep and breathe. Remaining detached from your business can be a challenge,...
At some point, you’ll likely sell your business. Whether it’s to a family member, a staffer or someone else on the open market, your business needs...
Here are some ideas for solving the problem.
Tracking expenses provides another avenue to maximum profitability. As business owners, our primary focus is getting more sales through the door. This is, after all, the...