Remember that time as a kid you tried sending a birthday card to your grandmother and wrote the wrong address on the envelope?
Okay, so maybe you didn’t do exactly that, but there’s a good chance someone else reading this (or writing it) made a similar mistake. In the end, grandma still loves you and there’s proof of your effort if the card was Elvis Presley’d and returned to sender.
This would be much less amusing if you had to ship jewelry instead of a birthday card. It would be maddening if the address was to an opportunistic criminal instead of a non-existent address.
There are a lot of things you need to focus on to grow sales and keep your jewelry business successful. More money can bring about more problems, though.
It's not just because there's more of it to manage, but jewelers specifically need to be cognizant of Anti-Money Laundering (AML) laws. Complying with these laws can be tricky for jewelers, but one thing is for sure: if you don't, you could face serious penalties.