[INFOGRAPHIC] Brick & Mortar Trends 2018
New Product Purchase Plan
NEW PURCHASING Before you start purchasing, dive into reports to build a foundation for your buy plan. Look at what percentage of your total inventory is over 12 months of age. That is your report card on buying in the past. Depending on what [...]
Self-Care Advice for Small Business Owners to Prevent Burnout
When you own your own business, every single day you put your body, heart and soul into it. Over time, all that effort can make a person feel run down and listless. As important as your business is, self-care is just as important. If [...]
Tips for Updating the Look of your Jewelry Displays
Your displays communicate a subliminal message to your clients. If you are still using white leatherette, which came out in the 80’s, your store will look dated. Instead your store can have a vibrant, updated look and feel by simply changing out your displays. [...]
How to Write a Killer Business Plan in 7 Days
A business plan is a vital tool for any business or startup, especially when it comes to matters of funding. Investors want a business plan that will wow them, something to show them that a startup is surely headed somewhere, or a business is really [...]
5 Ways How Small Businesses Can Increase Online Sales
The Internet has become a very significant force for the last decade. Now the majority of people cannot imagine their lives without Internet access. It is used for finding new information, communicating with friends, carrying out payment transactions, purchasing various items, or booking holidays. [...]
11 Visual Merchandising Tactics To Increase Sales
In today’s extremely competitive retail market, visual merchandising plays an essential role in attracting customers and increasing the store’s conversion rate. It’s often difficult to drag people away from their comfy couches and electronic devices to shop in a physical store. However, once they’ve [...]
Plan a Getaway Without Letting Your Business Get Away from You
Taking a vacation can be tough when you have a business to run. You might feel like getting out of town will cause more headaches than it’s worth sometimes. However, with some clever tips and tools, you can leave your work running smoothly and [...]
How to Improve the In-Store Customer Experience
As consumers become more connected, the popularity of online shopping continues to increase. According to the U.S. Department of Commerce, sales from retail e-commerce in the United States exceeded $450 billion in 2017, an increase of more than 16 percent from 2016. However, shoppers [...]
The Importance of Working Capital Management for Small Business
In all industries and especially in retail jewelry, efficient Working Capital is essential. Working Capital is defined as the difference between Current Assets and Current Liabilities. One measurement of a Company’s health is the Current Ratio, or Ratio of Current Assets to Current Liabilities. [...]