JEWELRY BOOTH BUSINESS GUIDE
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A well organised jewelry booth needs a business license, insurance and an idea about pricing for maximum profitability. Insurance and the license are mandatory, while the prices can be changed from show to show or even during the event itself. Regulations vary in different states but these can be easily checked with an up to date guide.
Learn also about how to negotiate the best possible deal on insurance quotes. Every cent is important. And ensure that it actually provides adequate cover. There are few things worse than having a claim made for which you cannot deliver.
Then think about how to price the wares on your jewelry booth. You may be surprised about how much you can get away with. Beauty is in the eye of the beholder. Never forget that. What may have taken you six or seven hours to make may take a smaller revenue than a quick thirty minute job. Impulse buys can make an awful lot of difference in your takings. It is well worth considering a range of cheap manufactured products for customers who are looking for a low priced present for a particular occasion.
Your point of sale or check out can create a strong impression if well executed. Mull over the advantages of cash, check and credit card transactions. Bear in mind that card merchants will charge a percentage of everything they process. Make it clear what you do and do not accept as a form of payment and make it easy for the client to identify where they should pay. [Sara Mayes]