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wahm >
How to Start a Home Jewelry Business
Given that Wal-Mart has a stranglehold on 5% of all jewelry sales,
and the four largest chains/retailers together hold only 17%, is there a
future in starting a home jewelry business? The answer is a most
emphatic, yes!
In a market where sales growth has slowed steadily over the last four
years, people are looking for the best buys possible for those luxury
items like watches, pins, brooches, earrings, and necklace sets. Those
can often be had from a home jewelry business for several reasons.
Most jewelry business operated from home are sole proprietorships, with
one person the only "employee". When your home is your office, there is
no expensive overhead, although you can make deductions on your income
tax for certain expenses. This allows entrepreneurs to buy higher
quality items that can be offered for lower prices than in retail
stores.
To start up a business on your own can be prohibitively expensive if you
must buy and keep on hand, a certain amount of stock. Most home jewelry
sales businesses are operated as part of the network for established
companies. This can be in one of many forms, with individual consultants
receiving a given percentage commission on each item sold, with a
variety of incentive and bonus plans. Products are displayed and ordered
by your customers at home showings or "parties", where they are free to
choose whatever attracts them from your selection of samples and
catalogues.
If you are interested in the opportunities offered by the jewelry
business, visit Jewelry Sales
Business.com for more information.
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