Give the legal budget at your business a makeover with these tips from an attorney.
You can take some simple steps to make sure your lawyer doesn’t waste time on your projects. Every lawyer has wasted time on something, and even a great lawyer such as Abraham Lincoln acknowledged that some legal tasks are inherently a waste of time and money. Back in 1850 he wrote, “Discourage litigation. Persuade your neighbors to compromise whenever you can. Point out to them how the nominal winner is often a real loser—in fees, expenses, and waste of time. As a peacemaker the lawyer has a superior opportunity of being a good man. There will still be business enough.”
David Giacomini, CEO of the largest online ecommerce site focused on hair, talks candidly about his company’s business.
With its user-friendly, unique website features and annual revenue of $40 million, Folica.com demands attention in the beauty-retailing arena. For more than a decade, the company has enjoyed consistent growth and innovation, continually stepping up its game to meet the needs of the increasingly sophisticated online consumer. To learn more about the company, the secrets behind its success and what’s ahead, Beauty Store Business spoke with David Giacomini, CEO of the New York City-headquartered, online-only beauty retailer.
Who bought which beauty brands in 2011? Review them closely because they could translate into new opportunities for your store.
The year 2011 will be remembered as a fairly active one when it comes to the acquisition of brands found in beauty retailers. And where there are new owners, there are new opportunities created. So here’s a look at what happened in the beauty-retail landscape this year through mid-October. And from what we at Beauty Store Business see and hear, deals will continue into 2012. Therefore, other opportunities will develop for you, so stay turned.
1. Robanda: Omega Labs USA
So what’s all the buzz about it? Here’s how you can start taking advantage of this growing and important trend.
Just when you thought you were catching up with technology by completing your website and setting up a Facebook page, mobile retailing has come along to throw you for a loop. The ability to access the Internet through our mobile phones has opened up a whole new world for retailers. The senior vice president of global ecommerce for Walmart recently said that while the previous era focused on taking the store and bringing it to the Web, the next generation is bringing the Web to the store. And the numbers are there to back up this theory.
Shipping to customers has become more than a matter of customer service—in many ways, it’s a necessity for business success.
With all of the day-to-day concerns of running a beauty store, the idea of offering shipping may easily be relegated to the back burner. But in today’s 24/7 world, where customers enjoy the convenience of shopping anywhere, anytime, shipping can be a great way to add revenue beyond your store’s regular hours, enhance customer loyalty and even attract new customers outside your store’s immediate area.
Beauty businesses have been hit with the costly trauma of being robbed of one of their most expensive offerings—hair extensions.
At first glance, the YouTube surveillance footage capturing the April 2011 break-in at Hair Divas Distributors seems like it could be the start to any routine burglary as four hooded crooks kick in the front door of a San Leandro, California-based beauty business just after sunrise.
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