I want to start new business but don't know how to start a jewelry business? Can any one tell me about it? How much money i need to start it?
Along with what Dpled mentioned you will also want to determine what kind of jewlery you will want to sell and determine your target consumers. For example if you want to do rings only, you may want to offer custom designs for all or maybe just a niche like class rings or wedding sets. The list can go on and on depending on your capital to begin with. Also determine if you want to sell online or your own brick and mortar store. Establish a good supply of wholesale business contacts as well. You may want to do jewlery trade shows as well. Dont forget your equipment that you will need such as scales, etc. I dont know too much about all the equipment needed but im sure you can get an idea of what you will need. If its something you love and its your passion...Go for it! Good Luck
Investments Of Education LLC
One of the first steps in starting your Jewellery Making Business is to choose a name. Try and make sure it is easy to remember and gives the proper image to your jewellery. If you are creating and selling expensive semi-precious jewellery don’t call it something like ‘Barbara’s Bling’ you want the name to reflect the quality and exclusivity of your jewellery.
If you are planning to have a website to showcase your work make sure that the domain name (web address) for the business name you have chosen is available. You can check this on a number of websites, such as www.lcn.com. Simply type your required website address in the box, press search and it will tell you if that web address is taken or not.
The next step is to think about how to present your name on your marketing material and jewellery.
Play around with the shape of your name and see if you can develop it into a logo or simple shape to put on your business cards and marketing material.
When you have developed your logo you might also like to put it on the boxes or packaging you sell your jewellery in and to print it onto cards to mount your earrings on. You can also print it onto small tags to attach to your necklaces and bracelets.
Putting your name and logo on all your marketing, presentation material and jewellery gives a professional looking image and enables people to remember you.
One of the best ways to promote your new business is to wear your handmade jewellery. People will often comment on how nice it is and then you can tell them that you made it yourself.
Make sure you always carry your business cards so that you can give one to anyone who admires your creations.
A jewelry business is not too simple but pays off excellently once started.
You need a lot of money to invest upon starting the business but then you only get profits. It's good to have cheap but effective advertisement like: websites, SEO articles, flyers distributed locally etc.
You will also need to plan an excellent security system and protection against thieves.
I don’t have much knowledge about how much money you will need to start your own jewellery business. It depends up to you that on which level (Size) you are starting your business. According to me first you must register your jewellery business and business name. You should have potential customers and good contacts to run your business successfully.
You should pay attention about market competition in Jewelry business and then choose the option which has less competition in comparison with others. Your budget will decide according to the business like what do you want to sell, how big start you want and surely the location.
The people who spend 0 time and effort on their posts get the most responses. Weird how that works. Sounds like the OP has not spent much time researching the idea before turning to strangers to ask them how to start HIS/HER business.
First, you have to think about business name. Check reliable suppliers where you can get supplies without hurting your business. Choose a person who can process paper works (business permit etc.). And make sure you have a mentor if you dont know what to do.
If you want to start a jewelry business then spend some time on the research of the investment schemes and profit ratio in this business. This might clear your vision of starting this business or not.