Showing posts with label jewelry repair. Show all posts
Showing posts with label jewelry repair. Show all posts

Tuesday, June 2, 2009

Sales, Smiles, Sunburn and Sighs




Smiles all around as we had a GREAT week at the gallery with lots of visitors and a large number of sales.
In the past two months I have sold four stone necklaces out of the gallery, as well as a 16x20 framed photo. I also sold out of notecards in the gallery as well as the motel that sells my cards in the lobby. Several other members had large sales too -- so everyone is extremely happy.

My latest sale was a one-of-a-kind Owyhee picture jasper necklace that looks like the Nebraska Sandhills where I live. The focal stone looked like rolling hills, with a soapweed growing in the foreground. It was strung with gold-filled corrugated beads along with desert jasper, cream fossil and black onyx beads with a handmade gold-filled chain and clasp and matching earrings. It was called "Soapweed and Sandhills."

I also sold a pearl bracelet and a pair of earrings through my Etsy shop, so the last two months have been good to me. :)

The caboose has been moved and I realized, while on my way home from serving as an EMT at the 50th Annual High School Rodeo out at the Thomas County Fairgrounds this weekend, that it is almost invisible to people coming from the east and west. I have been wracking my brain to come up with a solution to this problem -- but no luck so far. I think it means the caboose needs to be painted red and yellow, but since the lettering does not show up well on the red, I'll have to change it up a bit.

I think I'll paint the ends of the caboose red but trim it out with yellow on the railings, soffit and landing, as well as on the stairs. The sides will be yellow, with red trim and red lettering outlined heavily in black.

I will also put up HUGE signs -- especially to the east and west, angled so they can be viewed from the overpass as well. I see a big investment in plywood and stencils coming up! I'll use the same paint I use on the caboose to tie it all together.

I need to do another mockup of the caboose with the new paint scheme to see how it looks.

We had a good weekend, with a family fishing trip on Sunday. We didn't catch any fish, but we did catch a lot of sunshine and the sunburns that go along with that -- despite copious amounts of sunscreen. The kids had fun playing in the water in the livewell while hubby and I tried many fishing applications to entice the walleye to bite. We ended up catching three short fish we had to throw back. It was a day of family fun despite the fact that we didn't have fresh fish for supper.

The sighs come in from the waiting portion of this whole process. I am by nature, an impatient person, so this several month long loan process has me tied up in knots. I am still so positive that I can make a go of this business, but the past few days the waiting has gotten to me and despite surprisingly good P/L projections, the doubt has had time to creep in -- not doubt that I can manage the business -- but doubt that the loan will be approved. I can't see why it wouldn't be -- the numbers are good -- but I just want this so badly that it scares me!
My husband was even surprised by the numbers that came from a very conservative P/L projection and is now fully on board with the idea -- after realizing I could actually contribute to the family coffers instead of possibly just putting us into debt with the loan.

I think he was simply humoring me before -- although he was supportive -- and now he is excited about the prospect as well.
The board hopefully will convene this week to consider my loan application further. If they agree the business is viable, we will proceed on. If they don't, I am dead in the water -- which would be SO disappointing -- for me as well as for the owner of the caboose who is really excited about the possibilities with this business as I am.
I guess I will just keep praying, as I have a number of area residents who are also waiting with high hopes and a number of repair jobs for me to do.
I guess for now I will just prepare the 4-cheese lasagna I am taking to the community dinner at noon and try to keep my mind off this whole process for a little while. I will also work on a new picture jasper necklace to replace the one that sold.
So, I'm off to cook and create!

Friday, May 15, 2009

Working on the business plan, planning repair prices and choosing paint colors

I've been working on the business plan I have to submit as the next step in the process of getting a loan to open up a jewelry repair/design business.

When my eyes began to cross, I started calling area jewelry stores to find out what they charge for various repairs. Crikeys! Prices have more than doubled in the last 10 years! If I charge prices like that I will be run out of town for sure!

So, now, I have to figure out my costs for repairs and figure out a price that is fair to both my customers and myself. I sure hope I can offer lower prices than my competitors -- wow are they high!

I know for sure that I don't need to charge $10 to change a watch battery -- unless it is a specialty battery. Holy moly! I'm thinking more in the $3-5 range.

I've got more figuring to do on the other things. I'm hoping to be able to do half the price of the most expensive place and at least slightly under the others.

My son loves the caboose I am planning to put the shop in, but my daughter thinks it is "creepy." So, I got her involved with the process by letting her help me choose the paint colors.

We ended up deciding on hunter green for the majority of the caboose and a soft yellow called Colonial Cream for the trim.

I did have to remind her that pink, lavendar and purple (as well as fuschia and magenta) were not necessarily good choices for the outside of a business and that the owner of the caboose doesn't want colors like that either.

Inside I will use the same green on the floor, and the walls will be a light cream color (with warm tones).

Perhaps all a bit country, but I am not too keen on what is currently in style. I watch HGTV and just shake my head that they want to take us back to the ugly colors from the 60s and 70s. Ick!

I have to be able to look around myself as I work and be happy with what I see and I like greens and yellows and "woodsy" tones. I also want my customers to feel serene, not all hyper.

Thursday, May 14, 2009

Oh Happy Day -- Made it past step one!




The REAP board met this morning and discussed my loan application. They unanimously agreed that it warranted going to the next step. This is not ultimate approval, just not an instant turndown.

Now I have my work cut out for me as I have to draw up a business plan, which requires coming up with numbers like expected income/expenses (which are unknown as this is a new, not existing business).

I also have to prove that I can develop a webpage for online sales and show what organizations I will participate in to help my business grow.

I could still lose out on this business by not doing a good enough job on this part of the application process. Gulp!

However, it was a major hurdle to get over today and I made it! :)

Now, time to get to work on the hard part!

Oh yes, I took some photos of the caboose to send to the loan board. I haven't decided for sure what color to paint it, but I will cross that bridge if this loan actually goes through!

Wednesday, May 13, 2009

Loan Board Meets Tomorrow

Tomorrow will be a "Make It or Break It" day for me. The REAP board meets concerning my loan to open the jewelry repair/design shop. My credit stinks, so I have to get the board to overlook that and see the merits of the business to both myself and the community.

Living as far from major cities as we do, there is not a repair shop within 65 miles to the south and close to 100 to the east. To the north and west we are talking several hours. The nearby shops are so swamped it takes months for repairs to be finished and the cost is high.

I don't know how many places in the state offer the services of custom-designed jewelry, but certainly no one nearby our humble town.

Most of the residents here own more than one watch so if the battery goes bad, they have another one to wear until they get somewhere to buy a battery, so the ability to just stop by the shop to pick up a watch battery would be invaluable, as would the ability to repair broken chains and clasps, size rings up and down or repair a broken mounting.

I would also offer sterling and gold filled jewelry findings, high quality focal stones and cabochons and some better quality stone and gemstone beads, which are not available within hours of here.

That is all in addition to the most fun part of all -- custom jewelry! At my shop I would have the ability to make jewelry to order, from nearly pure silver. People with large fingers who can't find ready made jewelry would be able to order their own custom pieces. Anyone wanting jewelry with their "brand" on it would be able to order just what they wanted. The ability to make custom belt buckles, belt tips and dress spurs exists as well.

Please, please, please, let the loan board see the value in this shop!

I will be praying throughout the night and I would appreciate any prayers from anyone else out there who is so inclined as well. Thanks!

If the loan is not approved, I guess I will offer the artwork, photography and jewelry I can make without electricity and machines, but it will be hard to make the rent that way.

Praying hard until then! :)