When your accountant drops off your tax return, don’t you immediately go to the last page, very bottom? Don’t you look at profit at the bottom (of which you have to pay taxes upon) and ask.

Just because you make a profit doesn't't mean you have any money. Most Jewelry stores make a profit but are still cash poor. The biggest reason they have financial distress is usually very simple:

You have more inventory in stock than you can sell in one calendar year!

(Want simple? Having a lot of inventory over 1 year old)

 

How does QuickBooks come into all of this? On day one in the morning of our workshop, we show you how much inventory you should have by price point how to determine what should go and what should stay and give you

15 ways to get rid of old merchandise

 

Setting up QuickBooks correctly and using it the right way is critical to you knowing how to run your store for higher profits and to keep more of the money flowing through your hands.

 

QUICKBOOKS FOR JEWELERS

May 12th & 13th, 2008 in Atlanta, GA.         For stores that don't have a point of sale                                                                                       program, that inventory is not a large part of their
                                                                          stores investment. This workshop is designed
                                                                          more for stores doing less than $500,000 a year
                                                                          in sales.

May 15th & 16th, 2008 in Atlanta, GA.         For stores that want to integrate their point of
                                                                          sale numbers right into QuickBooks
                                                                          (i.e. The Edge; Jewelry Shopkeeper; Ibis;
                                                                          Clarity, etc)

June 2nd & 3rd, 2008 in Las Vegas, NV.      For stores that want to integrate their point of
                                                                          sale numbers right into QuickBooks
                                                                          (i.e. The Edge; Jewelry Shopkeeper; Ibis;
                                                                          Clarity, etc)

 

 

This two day workshop is made specifically for the jewelry store owner and/or bookkeeper. Most of us aren’t “number crunchers” and would rather sell. But once setup, just a few minutes a month of reviewing the month’s business with some of the techniques we will show you, your store can become a CASH COW!

We have our classes in computer class rooms. Each store is sitting at a computer and through some free software, you will be connected directly to your stores computer and will work directly in your store's copy of QuickBooks. You will have your own computer and QuickBooks will already be loaded on it for you to use in some things we do in class as well as working with your stores computer. .

If you’re a current QuickBooks we will, in class, re-arrange the chart of accounts specifically for a jewelry store. Once you return to your store you will have everything all setup correctly. This is not a “HOW TO” workshop, it’s a “LET’S GET THIS SETUP AND RUNNING TODAY” workshop.

In addition, if you have a Point of Sale program, we will show you what reports to run and how to maximize your cash and reduce over buying, the number one culprit of jeweler’s financial distress.

Workshop Agenda:

DAY ONE:

o       The one single magic number in a jewelry store that shows you how inventory is 
       performing.
o       Fast sellers – what are they and how to make them release all of their money.
o       How to know what to buy based upon price points.
o       Are you buying the wrong price points?
o       When is inventory old?
o       Why even selling at triple keystone after 2 years is a bad thing.
o       15 Strategies to turn old inventory into cash.
o       Everything you’ll need to know from your Point of Sale program to get more money out of
      your store and stop being cash poor in January.
o       Setting up your chart of accounts specifically for a jewelry store (see below after day two)
o       If you've never used QuickBooks before, we will give you the chart of accounts already setup
      and you'll start by entering dollars directly into QuickBooks for the check register, inventory
      numbers, etc. We're here to hold your hand.
o       Setting the store up into 3 profit centers in QuickBooks
o       Go over the complete setup of QuickBooks for a jewelry store.


Even if you don’t now own or use a Point of Sale program, this workshop is for you. Paper systems can work too, although we push everyone for a computerized point of sale program. We will have The Edge and Jewelry Shopkeeper on the class computers if you would like to see how they work. We use these software programs to demonstrate inventory.

The work shop on May12th & 13th - stores without a point of sale program spends less time on inventory. Explained further, below.

DAY TWO

QUICKBOOKS

Here’s what we’ll cover on day two:

o       How to get the data entered from your point of sale program by groups rather than individual
      sales. This takes only 8 minutes a morning and you're done!
o       Using QuickBooks payroll program or an outside provider and using QuickBooks.
o       Using and downloading your own credit card purchases in QuickBooks.
o       Memorized transactions to make the same monthly transactions a snap.
o       Downloading your daily banking transactions. Life’s a breeze! (David will use his own 
      company’s file and do a live download for you in class)
o       Downloading your own American Express charges, Visa too!
o       Enter bills, setup of accounts payables. Writing checks, paying bills/checks online.
o       Easy way to reconcile the bank balance. It's a snap!
o       Secrets of using QuickBooks in less time.
o       Linking QuickBooks your Point of Sale program.
o       How to read and understand a Profit & Loss Statements and Balance Sheets.
o       Setting up a budget (we will start yours right here in the workshop.)
o       3 ways to backup your data.

Because if you don’t have your numbers setup correctly you won’t be able to find out how you’re going, what you’re doing wrong and what to do about it. You should be able to run and understand your business each month rather than wait 12 months alter for the accountant. It’s kind of hard to fix a problem a year after it occurred. But monthly you can start making adjustments. We're not looking for you to replace your accountant or CPA. No matter how you write your checks, you're doing half the work already.

If it was done correctly in QuickBooks you could reduce your annual accounting costs, get accurate and understandable information each week or month and using QuickBooks EASILY will save you 60% of the time you now spend paying bills each month just because of how easy QuickBooks is to use.

If you hand write 20 bills on a given day and I use QuickBooks to pay the some bills; while you're writing check #6 and addressing the envelope, I will have all 20 of mine in the outgoing mail box waiting for the postman! Time is money.

Run your company the way Donald Trump runs his or the way Lee Iacocca ran Chrysler. Run it by the numbers.

A jewelry store should be setup into THREE separate income categories:

1.         Showcase Sales and their Special Order Sales (sales of things we own)
2.         Memo Sales) (sales of things we don’t own)
3.         Shop Sales

In this way, by separating things we own by things we don’t own, we can correctly see our turn numbers and also see that “magic” number all jewelry stores have that you have never seen.

This is also the only way to see how the shop is doing. Why? Because each income mentioned above has a cost of goods. The costs of the shop are:

1.         Jewelers wages
2.         Jewelers matching taxes
3.         Findings/Gold/Stones
4.         Tools/Shop supplies

This is the only way to easily see the profits of the shop. In this way you can see at any time how the shop is doing, instantly!

---

 

YOU CAN BRING ONE MORE PERSON ANY OF THE  3 WORKSHOPS

Each class has 12-15 computers and each store can sit at one computer. There is also only room for one more chair. So for a small additional fee, your store can bring a total of two people. Bring your bookkeeper or spouse.

 

This is what you’ll get when you attend:

Your own computer workstation to work at while there.
QuickBooks for Jewelers Manual with CD setup.
Complete lunch and snacks/drinks during the day.
60 days of free support by phone with David Geller after the workshop.


How much to get your store revamped?

Two full days, two lunches, snacks, workbook, your own computer to work at and 3 additional books along with a memory stick:

Only $1149.00

REGISTER BY May 1st and get $100 off you initial registration. But you must register by May 1st for either Atlanta or Vegas workshops.

Want to bring another person along with you? (You can only bring 1) They are only $279 and they get lunches for both days. You both will share the materials plus share the computer.

PLEASE CALL OUR TOLL FREE NUMBER (888) 255-9848 and Renie or David will answer any further questions and click below to use our online sign up form or click fax or email to you the registration form. To enroll you can click on the left menu bar on "QuickBooks Sign up Form" and fill that one out.

 

SEE END OF THIS PAGE FOR ATLANTA HOTEL INFORMATION

 

Remember the dates:

May 12th & 13th - Atlanta (No POS store)
May 15th & 16th (With POS store)
June 1nd & 3rd (With POS store)

In addition we will show you two of the most used point of sale programs in either workshop

The Edge
Jewelry Shopkeeper

Even if you’ve never used QuickBooks before, feel comfortable, we’ll get you setup and comfortable. For those using QuickBooks right now you’ll speed right along. We’ll show you how to use your POS program for maximum cash flow. If you don’t own a Point of Sale program now you’ll be able to see several being used in class.

I have to plead with you to sign up immediately! This is not a sales pitch. We’ve done three workshops so far this year all ALL of them sold out quickly and each one had several stores that we had to turn away!

Why?

THERE ARE ONLY 12-18 COMPUTERS per class. Class size really is limited. In our repair workshops we can add more chairs, a larger room. But the workshop will have and can only have 18 workstations.

So call us at (888) 255-9848 and we’ll fax you a sign up form or sign up below for the On line Secure Sign up Form or click on "Faxable Sign up Form" adobe Reader for PDF files is needed to open. Fill it in then fax back to you.

No one's credit card is charged until the week before the workshop.

See you in Atlanta or Vegas!
David Geller

P.S.      Remember for only $1149.00 you’ll get QuickBooks for Jewelers, support by David
            afterwords and of course lunch! One additional attendee can attend for only $279.00.
P.P.S.  Register before May 1st and SAVE $100 off the first registrant!

Use the Secure On line Form below or further down click on the "Faxable Sign up Form", print it, fill it out and fax back to use at (404) 252-9835

 

 

CLICK BELOW FOR THE SECURE ONLINE SIGN UP FORM
All done on line and secure

www.jewelerprofit.com/QB4Jlrs_Sign_Up_Form.html

 

 

For a printable, fax back to use form, click the link below