Hello, all -
Although I’m not giving up my day job, I am taking steps to start up
a jewelry repair business. My workshop is in my home. Rather than
have customers come to me, I will pickup and deliver their jewelry as
part of my service. (You can bet I read every post in the takein
I’m researching licensing, getting a bond and insurance. I’m
role-playing with friends and family to see where the hiccups are.
I’m writing a business plan and talking to the bank about a line of
credit. I have a traveling kit packed with all the items I think I
need for a professional takein and delivery (including magnet, gold
test kit, camera, ring sizer).
My business model is to provide service to the working people who
can’t get away during the day and have their jewelry repaired. When I
get started, it will be only two nights a week, and weekend
afternoons for pick up and delivery. How/where to advertise? If the
demand is great enough, I’ll re-evaluate my current positon.
I know there are security issues. Should I deal in cash at all, or
should everything be checks and credit cards? What kind of safe would
you recommend for securing my customers’ valuables? Any special
equipment for the takein process? I plan on having a friend to whom I
report in by phone every half hour. I’ll know the location of every
police & fire station near my route.
I already know I’m not capable of fixing everything (yet). There are
some repairs I will refuse, unless…does anyone ever take in a job
and then sub it out to another jeweler? What are the perils of doing
this? In any case, I know my current limitations, and I don’t need to
present myself as the goddess of jewelry repairs.
Pricing - should I invest in a Geller’s book? Findings & stock -
should I purchase a ‘starter kit’ of metals and findings (why buy
what I don’t need yet) or just order what’s needed for the jobs
(shipping and handling will eat up the profits)???
What have I not thought of? (OK, silly question.)
So, call me a genius or an idiot - I won’t like it but I will come
away a lot wiser and better prepared.
Thanks for all the advice,