Many jewelers run the store by the "seat of their pants' (or skirts) and are always trying to catch up.
There are numbers for successful jewelers and then there's "everyone else." Don't get me wrong, many people are happy to be making about the same or less than their bench jeweler because they are their own boss. Income is not as important as freedom. But freedom comes with a price.
If you can improve your stores numbers then you can more than likely improve your personal numbers (bank account level; debt, retirement amount, etc)
Typically in a store you combine many numbers to come out with one good number (that's usually the bank account balance.) A good example is...Read More