How much does it cost to start a jewelry business?

Question

Zippia Team · Accepted Answer

The cost to start a jewelry business can vary greatly, starting at around $100 and going up to over $20,000. This huge variation depends on many factors, such as the scope of business and whether or not you plan on having a storefront for your business.

If you are looking to start a small jewelry business and plan on using a platform like Etsy, the cost to begin is very low. Basically, you only need to pay for supplies to create your jewelry and the low listing fees for Etsy. It is also a good idea to register your business and obtain a business license, although it is not required to sell on Etsy.

If you plan on opening a physical store, you need to acquire more funds to pay for a location. You also need to obtain proper permits and licenses, which vary in necessity and cost state-to-state. Inventory for your shop, which could include supplies to make or inventory from a manufacturer, could be much larger as it needs to cover an entire shop.