Throw away every standard business plan you have heard or read about. It is best to plan your jewelry business as you wish. I have found business plans do not work for artists who have something unique to offer.
It is a waste of time and effort to sit down with pen and paper and create a business plan. Follow your instincts
plan jewelry business according to your specifications.
Doing things your way is wonderful, however; there are responsibilities and challenges which accommodate a free-spirited business plan.
You will need:
Energy to work long hours
Strong desire and motivation to be self-employed
Belief in your self and crafting abilities
Continuous research
Be able to cope and handle unexpected interruptions which are not under your control
Flexible attitude
Persistence Do not quit
You will need to manage:
Yourself
Finances
Time schedules
Work space
Organizational skills
Earlier I said, Do not make a business plan, use your instincts and plan jewelry business as you wish. However, if you choose to work in this free manner I also recommend you financially invest in yourself and talents. Do not borrow money.
Do not borrow money because:
Financial obligations to another can be an added burden
Rules and regulations may restrict your creative and business freedom
Advice and control from the lender will remove you from your business plan
Attitude change from being self-employed to becoming an employee will bury your dreams
Another important reason for not borrowing money is because you are knowingly self-confident and can make your jewelry business succeed. You have the creativity to make unique jewelry designs which will sell.
Most importantly, you have the energy and drive to promote your unique line of jewelry designs. You are hearing a different drummer and you need to be on your rhythm towards financial success. Doing otherwise would be failure.
Plan jewelry business may not be good English; however, creative beings who are spiritually tuned will know what I am trying to say. Your premonition is accurate. It is a matter of placing the steps to success in their correct order.
Standard list for business essentials include:
Business name
Business location
Legal matters
Accounting-must know expenses and income
Business cards, brochures, etc.
Flexible business responsibilities include:
Advertising and marketing
Sales outlets
Types of jewelry designs
Daily, weekly, and monthly analysis
3 month, 6 month, 1 year, 5 year, and 10 year strategy plans and goals
Business education
Update jewelry craft skills
Meetings and workshops to keep posted on new items and new trends
Once a year self-evaluation of business
Make corrections quickly and willingly
Accept criticisms graciously
Analyze your jewelry line:
What makes your creations unique or special?
Are you developing a style for a particular niche or the general public?
Are you creating and making jewelry for women, men, or children?
Which designs are more profitable?
Retail outlets to sell from:
Arts and crafts shows
Specialty events
Galleries, jewelry stores, general retail outlets
Flea markets and swap meetings
Church bazaars
Private parties
Jewelry shows
Online
Consider selling your other talents:
Teaching
Writing and illustrating books
Audio or visual media
Selling supplies
The road to success will have many twists and turns, ups and downs, the expected and the unexpected. That is why you hear so many people say that the journey was the most exciting, interesting, and rewarding adventure of their business life. Leave your footprints in the sand.
This is your year to plan jewelry business according to your wishes and instincts. Discover other methods of jewelry making and selling. Visit the home business section of Infotrish at http://www.Infotrish.com and review The A-Z Steps to Becoming a Jewelry Designer.
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