Archive for the ‘Covid-19’ Category

Although it was plagued with issues and money seemed scarce, some small businesses in the jewelry industry were able to secure loans from the Paycheck Protection Program (“PPP”) through their banks.  If your business was one of the lucky ones to obtain a loan, you now have to make decisions…

For nearly all retailers, reopening during a global pandemic is an unprecedented event. The concerns and unknown risks about how to conduct business during this “new normal” are many.  This is especially true in the jewelry industry because so much of the purchase experience is customer interaction, combined with the…

To help businesses affected by COVID-19, the Small Business Administration (SBA) is making two types of loans available to eligible small businesses. The first type of loan was authorized by the Coronavirus Aid, Relief and Economic Security (CARES) Act that was recently signed into law and is known as the…

With the rise of the COVID-19 pandemic has come a rise in cyber-attacks and scams by criminals looking to profit from the turmoil. From phishing email and text scams to fraudulent banking and shipping scams (which you can read about on the Federal Trade Commission’s website here), criminals are going…

The JVC has joined the Americans for Free Trade Coalition to ask Congress for tariff relief during this time. Americans for Free Trade is sharing the Feinstein/Toomey letter to Secretary Mnuchin.  The final letter was sent this afternoon.  A copy of the press release is here.  The letter is below…

JVC supports Formlabs as they reach out to the 3D printing community to connect those in need of healthcare-related supplies with those who have engineering, clinical, and 3D printing resources to offer. If you are working on COVID-19 related projects and need access to 3D printed parts, or if you…

As many of you know, the Senate passed a $2 trillion economic rescue plan on March 26, 2020 titled the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The CARES Act is meant to offer relief to many Americans affected by the coronavirus pandemic and is expected to pass…

With many jewelry businesses forced to close their in-person operations around the country, many of you may be ramping up your digital marketing efforts with the goal of retaining existing customers and drawing in new customers to your websites. But, before you go full speed ahead with new digital marketing,…

In times of uncertainty, people have often turned to gold as a source of wealth and financial stability.  Consumers know that gold retains value, and often choose it because of that stability in the gold as a commodity.  As a jeweler, you may be tempted to shift to this business…

Updated April 28th, 2020 Can I Stay Open? – Impact of Closure and Shelter-in-Place Orders on Jewelry Businesses With the nation hit by the COVID-19 crisis, many jewelry businesses are asking us: “Can I stay open?” For businesses in . . . Full access to this content is available to…