JBT has partnered with Mariel Diaz, Founder of Accounting for Jewelers to offer a FREE financial educational webinar designed for retailers: ‘How to Develop an Annual Budget’.
How to Develop an Annual Budget, November 6, 2018, 2:00 – 3:00 p.m. Click here to register.
A detailed and realistic budget is one of the most important tools for guiding your business and providing the information necessary to operate within your means, handle upcoming challenges, and to turn a profit. A solid budget identifies currently available capital, estimates expenditures, and anticipates revenues. You should continually refer to your budget as a way of measuring performance against expectations.
The jewelry industry relies on seasonal sales revenue; your budget would allow for you to plan ahead so that you’ll have the best approach for distributing that revenue most effectively over your entire fiscal year.
“As a Board member of JBT, we are constantly looking for ways to provide education programs to help our members improve their businesses, so they can focus on making sales and growing their company,” stated Ann Arnold, Buyers Intelligence Group, LLC, JBT Board Member.
“Our purpose is to inspire creativity for jewelry business owners by relieving stress and providing focus. We establish simple and efficient operations for bookkeeping that result in reliable and timely reporting, compliance and data-driven decisions for a better quality of life,” stated Mariel Diaz, Founder, Accounting for Jewelers
The Jewelers Board of Trade® is the only organization dedicated solely to providing industry data, credit reporting, debt collections, and marketing services to the jewelry industry. A database including over 70,000 jewelry industry-related businesses, and relevant industry data, provides JBT members with the latest information to support their credit decision processes, as well as business and marketing strategies.
Please contact JBT for more information on finding new customers, knowing your business partners, understanding the industry, and getting paid.
About JBT
The Jewelers Board of Trade® (JBT) is a not-for-profit, member-owned association with over 130 years experience delivering commercial credit information, collections, marketing services, and unbiased data and statistics on thousands of retail, wholesale and manufacturing jewelers. The U.S. jewelry market presents both opportunity and credit risk for suppliers. Whether you are a domestic or international company currently doing business (or planning to do business) in the U.S., it is essential that you have information to assess credit risks before you ship. Membership in JBT provides that information. For more information, please visit www.jewelersboard.com.
