Bangle and Jewellery Shop in a Small Unit

Local families, brides and wedding parties, festival shoppers and gift buyers.

Retail markup on stock, plus higher sales in wedding and festival seasons. Extras like bridal packages, custom sets and sizing help.

• Retail and customer service
• Buying and stock control
• Sales and styling advice
• Basic bookkeeping

• Check municipal business licence and zoning rules for your unit
• Check commercial general liability and contents insurance, and shop theft cover
• Check GST/HST and any provincial sales tax registration
• Check Health Canada rules on lead and cadmium in jewellery
• Check rules on describing metal content such as gold or silver
• Lease commitments and slow winter months can strain cash, so keep a reserve
• Check WCB or WSIB rules in your province if you hire staff

Estimates suggest startup costs are typically around $25,000 to $80,000, depending on the unit, lease deposits, shop fit-out and opening stock. Lease commitments and slow winter months can strain cash, so keep a reserve.

Estimated monthly revenue is typically around $6,000 to $30,000, depending on location, stock range and the time of year. Weddings and festivals can lift sales, while quieter months may not cover costs, so plan your cash flow.

Check your municipal business licence and zoning rules for the unit, plus GST/HST and provincial sales tax registration. Also check Health Canada rules on lead and cadmium in jewellery, how you describe metal content, insurance cover, and WCB or WSIB rules if you hire.