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What's the first step to starting a jewelry business?
To start a gem business, the first step is knowledge. You can make jewelry, but you can't make natural gemstones. You'll have to buy them, and if you don't know the gemstones business, you can waste your business capital on overpriced purchases.
Do you need professional appraiser to sell gems?
Before opening a store or selling gemstones online, learn to identify and appraise gems with a professional's eye. To succeed in the gem business, you need to pay a good price for good gems. If you buy a bad or fake stone or pay too much, you're unlikely to break even, let alone turn a profit.
Can you make a living selling precious stones?
The 21st century gem business offers multiple options for making a living off precious and semiprecious stones. The path you follow will affect your startup costs, your business plan and the skills you need to learn. Will you open a brick-and-mortar store, or would you prefer selling gems online?
What do you need to start a gemstone business?
If you are interested in starting a gemstone business, there are a few simple steps you need to follow. You need to have patience, time, and money you can invest. You cannot grow or make gemstones which means you have to pay for cut gemstones or rough gemstones.
Last Update: Oct 2021
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