Things To Consider When Starting Your Jewelry Business

Starting your own jewelry business can be an amazing business to start. So many people have turned their hobby into a home business or a successful company but there are some things you need to consider before jumping in head first.

• Educate yourself about the type of jewelry that you want to sell.
• Pinpoint your target market, i.e vintage jewelry.
• What will your startup costs be? 
• What are your materials costs? 
• Will you source jewelry materials from suppliers on sites like Etsy?
• If you aren't hand crafting the product yourself, what will manufacturing expenses cost you? 
• Is it more cost effective to manufacture your product in the U.S. or to outsource to another country?
• Should you open a physical store or are markets your best bet? 
• Finally, are you prepared to handle vendor fees, licensing expenses, and other unforeseen costs along the way?

I hope these tips have been helpful, if you have any other queries leave them in the comments section and I'll do my best to answer them in a future post or on the Sunshine Buttercup Facebook page.

 
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