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What Keeps Jewelers Up At Night? The Biggest Risks To ...

    https://news.centurionjewelry.com/articles/detail/what-keeps-jewelers-up-at-night-the-biggest-risks-to-business-in-2017
    Oddly, however, violent crime (i.e., robbery) was cited only by 5% of jeweler respondents as a major risk to their business. In The Centurion's survey of the biggest risk facing better jewelers, the number-one issue causing concern is nuts-and-bolts business …

Bringing the risk home: safety for the jewelry salesperson ...

    https://www.hanover.com/businesses/business-customer-resources/hanover-risk-solutions/bringing-risk-home-safety-jewelry
    Bringing the risk home: safety for the jewelry salesperson. Bringing work home for most of us is a routine event that has no real impact on our personal safety or the safety of our family. That is not always the case if your job involves high-value jewelry or precious stones. If a thief believes you have these goods at home, you can be at risk ...

The rise of analytics in the jewellery industry

    https://www2.deloitte.com/content/dam/Deloitte/in/Documents/risk/in-ra-analytics-in-the-jewellery-industry-noexp.pdf
    prevent various risks involved in the business. Foreword. 03 The rise of analytics in the jewellery industry The jewellery industry is well-poised for a glittering future. Sales are projected to grow by a huge proportion in the coming years. However, the fast growing industry is at its dynamic best, and, as such, the jewellery business cannot ...

Jewellers face critical risk beyond that of other businesses

    https://www.april.ca/news/jewellers-face-critical-risk-beyond-that-of-other-businesses/
    Aug 30, 2016 · Every business faces certain types of risk in the course of its daily operations, and this may be especially true for jewellers. Fires, flooding, and other issues in that vein are typically well outside the control of the owner or employees, and therefore comprehensive liability coverage is needed to insulate them from the costs that could arise as a result of such an event.

Dealers in Precious Metals, Stones or Jewels Required to ...

    https://www.fincen.gov/news/news-releases/dealers-precious-metals-stones-or-jewels-required-establish-anti-money-0
    Jun 03, 2005 · The dollar threshold is intended to ensure that the rule only applies to persons engaged in the business of buying and selling a significant amount of these items, rather than small businesses, occasional dealers and persons dealing in such items for hobby purposes.“Covered goods” include jewels, precious metals, and precious stones, and ...

Starting a Diamond Jewelry Business: Wholesale Vs Retail ...

    https://www.dmia.net/starting-a-jewelry-business-wholesale-vs-retail/
    While the retail jewelry business owner can earn more money per customer they are also taking on considerably more risk as well. This business model would be ideal in an area where there is a large population and a significant portion of that population has a large amount of disposable income.

Insurance for Jewelry Businesses Jewelers Mutual Group

    https://www.jewelersmutual.com/clarity-blog/insurance-for-jewelry-businesses
    Jun 22, 2020 · Provides protection for your inventory, stock on memo or consignment, goods in process and raw materials, and customers’ property entrusted to you from risks like crime and fire. If you’re new to jewelry business insurance, know that “jewelers block” is …Estimated Reading Time: 4 mins

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