Protect yourself, your family and your beauty business by drawing up these buyout documents.
How many ways can a family business get into trouble? Maybe an infinite number, if the stories told by family business consultants are any guide. "In a non-family business you have rational problems and rational solutions," says Don Schwerzler of Family Business Experts, an Atlanta-based family business counselor. "But in a family business you have rational problems and emotional solutions. Decisions are made not necessarily on what's best for the business, but what's best for the family.
Here are tips and advice on how to hire and keep the best job applicants.
Gone are the days when managers looked upon part-time workers as dispensable resources of little value to the enterprise. Today’s part-timers have become critical gears in the profit machine, performing many vital duties formerly handled by a trimmed-down permanent staff. “The whole business world is going in the direction of shorter term work assignments and the hiring of people for specific projects,” says Barbara Glanz, a management consultant based in Sarasota, Florida.
BlueCo Brands (formerly King Research), owner of iconic brands, such as Barbicide, Ship Shape and Lucky Tiger, has acquired Vienna Beauty Products, including their industry leading Aloe Vera and Triple Lanolin based foot scrubs and lotions.
Cosmoprof North America, held July 13-15 at the Mandalay Bay Convention Center in Las Vegas, saw the largest number of exhibitors—992 companies—ever. The annual trade show was created in 2002.
Also, this year the total number of international exhibiting companies and countries represented at Cosmoprof North America was higher than ever. There were 314 international exhibitors representing a total of 38 countries—a 7% increase.
This first-ever WWD event gave attendees invaluable insight into today's market - information you can use.
I had the pleasure of attending the first-ever WWD Digital Forum: Beauty Edition during Fashion Week earlier this year in New York City. As is usual with such high-caliber conferences, I left the day with more ideas than my brain could sift through and a much longer to-do list than I had arrived with. As Peter Born, executive editor of beauty at WWD, said in his opening remarks, "Digital and beauty belong together." If I ever doubted this, Tuesday, Feb 11, changed my mind forever.