How to Price Beaded Jewelry Repairs

Most of the time I talk about selling your beaded Jewelry, but I recently received a letter about repairing beaded jewelry for others. The lady was asking me how to price her repair work. Repair work is something that you can decide to do or not, but you can make money repairing beaded jewelry.
Usually people will ask you to repair their jewelry is they see you at a show. At our bead store we have people asking us to repair jewelry often. If you are not ready to give an answer as to how much you are going to charge, you will probably get caught off guard the first time some asks you to do a repair job.
My suggestion is that you should not be afraid to charge a very decent hourly wage to fix someone's jewelry. When you are fixing jewelry for someone, you are not able to make your own new jewelry and your time is valuable. Estimate the time that it will take you to do the job and multiply by the wage that you are worth. If you have to use some of your own supplies, you should make a profit on them also.
You probably will not be doing repairs full time, and it will be a disruption to what you would normally be making, but it is a sure thing and it will help your cash flow.


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