business academy programThe jewelry industry is a competitive, fast-paced environment. As a store principal, you likely spend considerable time working through the daily challenges of business management... hiring, buying, financials, sales, customer service ... and you probably have little or no time to think about the future of your business….imagine a better way to run your jewelry business
have more time to spend with your family
increase sales by 15% next year
don't have to worry about cash flow
hit that next major milestone you've always sought
complete a succession plan for your business
The Edge Retail Academy is the only provider of expert advisory services combined with real-time data from your system to chart a strategic direction that will enable you to achieve these results.
“ these services pay for themselves within months. we are reallocating monies wasted on ineffective inventory, staff, and marketing to become highly productive. ”
the business academy programIt starts with understanding the health of your business. We do this by utilizing your Edge reports and analyze major Key Performance Indicators (KPIs) that point to your store’s current challenges and future opportunities.
your business advisor then digs into the numbers and, based on your goals, we jointly create a plan to achieve them. These tactics might include:
making adjustments to current inventory
preparing an Open-to-Buy for upcoming trade shows
integrating your POS system with financial software like QuickBooks
assessing your sales team, setting goals and reinforcing the right behavior
recruiting more effectively and better training of your sales professionals
We find we are not working any harder. We just work smarter.
Do you suspect that your business could be better run but are not sure how to go about it?
we use some key data from your POS system (in most cases, you won’t need to do anything to get this to us)
we organize the info and present our findings in a 20-30 minute phone call
you decide if you want to work further on any of our recommendations
The Business Performance Review has a value of $495. If your store has not had one previously, the Edge Retail Academy will conduct a Business Performance Review and waive the fee.
What our customers say about Business Academy programs
“ Since we signed up, we’re more confident, making wiser marketing decisions, buying smarter, and feeling more accountable. They matched us with the perfect mentor who shares our passion and understands the challenges that we’re facing in today’s market. The Edge Retail Academy leads us in the right direction, helps our business grow and ensures we meet our goals. We definitely recommend The Edge Retail Academy! ”
- Kim Nguyen, Unique Jewels, Webster, Texas
“ Jewelry has been a part of our family DNA for over 100 years. When we finally took time to ask 'What are our dreams and goals for the next generation?' we found The Edge Retail Academy to be absolutely invaluable.
They have an ability to view our business with fresh eyes and guide us through decision-making with professional expertise, as well as a sense of humor! Over the course of this past year our Board meetings have become more productive, as problems get resolved effectively, ideas get channeled into actions, and optimism fuels new energy. ”
- Sheryl DeScenza Tacy, DeScenza Diamonds, MA
“ Since joining The Edge Retail Academy two years ago, we have doubled our business and are growing at a great rate again this year. I have a much better understanding of the workings of our business and no longer feel like it’s a runaway train that I have no control over. ”
- Richard Bennett, P.K. Bennett Jewelers, IL
“ The information available allows me to minimize my buying mistakes and maximize my profit. I now have the tools to actually be a good buyer instead of just flying by the seat of my pants. I can see a way out of the cash-short issue that every independent retailer experiences. In short, I now know I cannot afford NOT to participate in the Edge Retail Academy. ”
- Lyn Hoppe, R. Hoppe Jewelers, IN
“ When my wife and I began thinking about a succession plan for the family business we quickly realized we needed help. Edge Retail Academy came to the rescue once again with professional and experienced succession experts that guided us through the tricky process. They not only spent time finding out about our wishes, but they also interviewed other family members to make sure they understood how the process would work. We feel very comfortable and reassured that this succession is set up to succeed from the start. ”
- Van Simpson, Tara and Co. Fine Diamonds, AR