MetaMorph Jewelry Studio,Main Street
Sarah's jewelry business in Etna is expanding!
(60 months at 11.25% interest)
Jan 12, 2022
Jan 12, 2022
MetaMorph Jewelry Studio is a reputable sustainable jewelry brand carried by over 200 retail locations in the US & Canada.
MetaMorph Jewelry Studio is a jewelry manufacturing business, where Sarah Daigneault manages every facet of the business from product development to fabrication and sales. The companys primary product is handcrafted metalwork jewelry, fabricated from raw materials like bronze, 925 sterling silver and 14k gold filled.As a designer Sarah focuses on sticking to her ethics, creating high quality handmade metalwork jewelry, sustainably, while also solving problems for the company's customer base. MetaMorph Jewelry Studios major target market are women ages 14-65, interested in bohemian lifestyle, sustainable fashion, metaphysical, handmade gifts. The estimated number of potential clients within the companys geographic scope is 31.40%. As of right now MetaMorph Jewelry Studio's primary focus is standing out in an extremely saturated market by maintaining these standards:-On Trend-Heirloom Quality-Eco Friendliness-Perfect for Gifting-Versatile-Customizable-Multiple pricing tiers-High quality, on trend packaging that is easy for retailers to merchandiseAs of today, MetaMorph Jewelry's products are in over 200 retail shops in the US & Canada, a number that is growing by the week. By maintaining the standards listed above, and constantly pushing to create a higher quality product, MetaMorph has over doubled sales every year with the exception of 2020.
MetaMorph Jewelry Studio is steadily approaching the $100,000.00 mark, is expected to gross $110,000.00 by end of year 2021, and has grown rapidly over the past 6 months. With this rapid growth has come a new set of challenges, many of which can be solved with simply investing in larger supply orders and the proper equipment to ensure that the jewelry is being fabricated efficiently and safely. With this investment Sarah plans to improve the following areas: 1. Place a large round of metal & jewelry supply orders to lock in lower pricing and to have the ability to fill large purchase orders with ease and not worry about funding them. 2. Upgrading several areas of the workshop listed in budget proposal, so that the jewelry can be fabricated more efficiently, including the addition of more work stations. 3. Replacing oxy/acetylene torch system with a hydro torch. Hydro torches are safer for the humans operating it, and the environment. Switching to a hydro torch eliminates risk of explosion if used improperly, while also eliminating C02 emissions. 4. Updating fume extractors with newer, safer systems. 5. Addition of casting equipment, so that we can reproduce jewelry more efficiently and consistently. 6. Addition of pulse arc laser welder so that we can take on more repair jobs that require laser welding. 7. Updated Shipping & assembly station, so that we can process orders more efficiently.