Saturday, September 26, 2015

Jewelry Retail store bank statement loans.

As the owner of a jewelry store you have the opportunity to earn a large amount of money. 


Ideally you will offer the public rings, necklaces, bracelets, accessories usually are the main source of product that is offered.  You will need to have product that is unique but priced in a way that allows people the opportunity to afford and purchase.  


If you have a unique product if will help you distance yourself from your competitors and allow you to earn a large amount of money.   Most jewelry is marked up very high which means you will need to be able to have a market that can afford your jewelry.  


If you are in a low income area you will not sell a large amount of product unless you also have a high visibility online.  


Another way to earn a large amount of money through a retail jewelry operation is to sell your product on the road at jewelry exhibition shows.   You will need to price your product accordingly so you can receive business from customers that are seeking a substantial discount.   


Marketing and promoting your business is a great way to increase your cash flow and bring in new customers.  The main buyers of jewelry consists of females that are age 13 and over.  Men usually buy jewelry on holidays such as Valentines, Christmas and birthdays.   


You will need to target your market to each differently through promotions that you can market online or use local media such as billboards or newspaper ads to let people know what you have to offer.  


If your retail jewelry store is looking to expand, increase inventory for the holidays or add staff you may want to increase cash flow through bank statement loan programs.  


Small Business Loans Depot offers cash flow programs to increase your business.  Ideally if you have at least 4 months in business and 3 months of verifiable income.  Contact Ed Rogers at Small Business Loans Depot for additional info regarding our bank statement loan programs. 



No comments:

Post a Comment