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Financial Modelling Tool for Jewellers

As a jewellery business owner, managing cash flow and planning for seasonal shifts in demand is critical. With Brixx, you can create detailed financial forecasts that bring clarity to your finances and support smarter business decisions – whether you’re managing a boutique shop or scaling an online jewellery brand.

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Financial Forecasting for Jewellers

Model your jewellery business in Brixx - see how quickly your finances can make sense!

We are working on creating this template in Brixx. Although it isn’t available just yet, you can follow the guidance below to help get started. If you need any further assistance, don’t hesitate to get in touch – we’re here to help!

Project Setup

  • Project name: His and Hers Jewellers
  • Time period: Monthly (ideal for tracking sales, inventory, and seasonal demand)
jewellers - business name in brixx

Income Components

  • Component: Retail Sales
    • Sub-components:
      • Engagement Rings (£10,000/month avg)
      • Wedding Bands (£6,000/month avg)
      • Necklaces & Bracelets (£5,000/month avg)
      • Watches (£8,000/month avg)
      • Custom Orders (Bespoke) (£4,000/month, variable)

 

  • Component: Repairs & Services
    • Sub-components:
      • Jewellery Repairs (£1,000/month)
      • Ring Resizing & Cleaning (£500/month)
      • Watch Battery Replacements (£300/month)

 

  • Component: Other Income
    • Sub-components:
      • Commission from Partnered Brands (£200/month)
      • Scrap Metal Resale (e.g., gold offcuts) (£400/month)
jewellers income component example

Expenditure Components

  • Component: Cost of Goods Sold (COGS)
    • Sub-components:
      • Purchase of Stock Items (£12,000/month average)
      • Custom Design Materials (£1,500/month)
      • Packaging & Gift Boxes (£300/month)

 

  • Component: Operational Costs
    • Sub-components:
      • Staff Wages (2 sales staff + 1 jeweller) (£6,500/month)
      • Rent for Retail Unit (£2,500/month)
      • Utilities & Internet (£350/month)
      • Insurance (business, theft, liability) (£1,800/year)
      • Equipment Maintenance (ultrasonic cleaners, tools) (£100/month)

 

  • Component: Marketing & Admin Costs
    • Sub-components:
      • Website Hosting & Ecommerce Platform (£50/month)
      • Social Media & Local Ads (£400/month)
      • Accounting & Legal Fees (£2,000/year)
      • POS Software Subscription (£100/month)
jewellers expenditure component example

Asset Components

  • Component: Fixed Assets
    • Sub-components:
      • Retail Fit-Out (£20,000, depreciated over 5 years)
      • Workshop Tools & Equipment (£10,000, depreciated over 3-5 years)
      • Display Cabinets & Security (£8,000, depreciated over 5 years)

 

  • Component: Inventory
    • Sub-components:
      • Initial Stock (£50,000 of jewellery items)
      • Raw Materials for Custom Work (£5,000)
      • Packaging & Sundries (£1,000)

 

  • Component: Current Assets
    • Sub-components:
      • Cash Reserves (£15,000 starting balance)
      • Accounts Receivable (for custom orders) (£2,000/month)
jewellers asset component example

Funding Components

  • Component: Personal Investment
    • Sub-components:
      • Owner Capital Injection (£40,000 for startup)

 

  • Component: Business Loan
    • Sub-components:
      • Small Business Loan (£30,000 at 6% interest, 5-year term)

 

  • Component: Equipment Leasing (Optional)
    • Sub-components:
      • Laser Engraver (£200/month over 3 years)
jewellers asset funding example

Scenario Planning in Brixx

  • Seasonal Sales Trends
    • Model sales spikes during December, Valentine’s Day, and wedding season (May-August).

 

  • Inventory Shortages or Delays
    • Add delay scenarios to stock replenishment and see cash flow impact.

 

  • Gold Price Fluctuations
    • Create variables tied to material costs for custom jewellery depending on commodity prices.

 

  • High-Value Theft Scenario
    • Model a scenario with unexpected loss of stock to see the impact on profit and insurance coverage.

 

  • New Location Expansion
    • Forecast opening a second store with increased rent, staff, and double sales.
jewellers asset scenario example

Dashboard & Reporting

  • Cash Flow Report
    • Track monthly sales against cost of goods sold, staff wages, and overheads.

 

  • Balance Sheet
    • Display the value of stock, fixed assets, and liabilities like loans.

 

  • Profit & Loss Statement
    • Show total revenue (product + services), gross profit, operating expenses, and net income.

 

  • Custom KPIs
    • Gross Profit Margin (e.g. 60% target)
    • Inventory Turnover Ratio
    • Sales per Square Foot
    • Custom Order % of Total Revenue
Start forecasting today in Brixx
jewellery business dashboard component example
financial modelling tool for jewellery businesses

Who can use this Brixx template?

  • Independent jewellers
  • Jewellery designers and makers
  • Jewellery retailers and eCommerce businesses

Brixx is a great tool for:

  • Anyone handling the budgeting, forecasting, or financial planning of a jewellery business
  • Business owners, accountants, or financial planners managing product lines, inventory, sales, and growth strategies

What are the benefits to jewellery businesses?

  • The template is designed with the jewellery trade in mind, supporting everything from raw material costs to seasonal promotions
  • Build cash flow forecasts with ease, including product launches, trade show events, and marketing campaigns
  • Instantly visualise profitability trends across different collections or store locations
  • Explore the financial impact of adding new sales channels, like online marketplaces or pop-up events
  • Test scenarios such as gold price fluctuations, changes in supplier costs, or staffing adjustments

Strategic forecasting in Brixx

  • Understand how high and low seasons affect your revenue and cash reserves
  • Forecast inventory costs, supplier payments, and promotional expenses
  • Demonstrate financial strength to secure business loans or funding for expansion
  • Plan for hiring staff, store renovations, or investing in new equipment
  • Anticipate trends in consumer demand and prepare for shifting market conditions
See all Brixx Solutions
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"Using Brixx helped us understand our business better than we ever did before, it then also helped us gain investment because we had the tools and insights to explain the opportunities and demonstrate this visually."

Ed, Bird Eyewear

Start building a clearer financial future with Brixx today

For jewellers, having precise insight into your finances is vital to running a profitable and sustainable business. With Brixx’s financial forecasting software, you can forecast sales, plan for costs, and adapt to seasonal trends with confidence.

By modelling different growth paths and reacting to real-time changes – whether it’s sourcing costs, market shifts, or product launches – you’ll be equipped to make smarter, faster decisions. With decades of experience in business modelling, Brixx is the go-to tool to support and grow your jewellery business.

With Brixx, you’re not just tracking finances – you’re shaping the future of your jewellery brand.

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