COST OF DOING BUSINESS REPORT

Each year, Jewelers of America publishes the Cost of Doing Business Report, representing the most complete and historical comparative financial information available to retail jewelers in the U.S.   The Jewelers of America Cost of Doing Business Report is crucial to a retailer's understanding of how best to manage his or her business.

BENCHMARKING: MORE IMPORTANT THAN EVER
The current economy has forced jewelers to take a closer look at their balance sheets in order to better identify where they can cut back, and how to prepare for future growth. The 2009 Cost of Doing Business Report is an invaluable tool in accomplishing this task. It makes it easy for you to benchmark your business operations against those of your competitors, with data tables organized by jeweler category, size and high- or low-profit firms.

REFERENCE FOR IMPROVING RETAIL PERFORMANCE
The Cost of Doing Business Report helps you improve performance by highlighting effective strategies for increasing profitability. You can easily identify strengths and weaknesses to improve competitiveness.
 
WHAT’S INSIDE
The 91-page report includes detailed data tables of key performance measures, including:

• Data on a cross section of jewelers: independent high-end firms and mid-range firms, jewelry chains and designer/custom jewelers
• Sales volumes within store types
• Productivity ratios
• Inventory turnover
• Operating expenses
• Balance-sheet data
• Product distribution
• Plus, a practical “how-to” section demonstrating methods of interpreting and utilizing the data
• Click here for preview of the 2009 Cost of Doing Business Report to see its information-rich data tables.
  

The Cost of Doing Business Report is based on confidential surveys. Jewelers of America members who complete a survey receive a free copy of the Cost of Doing Business Report. An outside consulting firm, Advantage Marketing Information, prepares the report each year.