Innovate Your Fashion!

Innovate your fashion in your own "mind" Lab!

February 27, 2011

Campus Jewelers shines in new space

Sonya Taheri has turned her passion for all that glitters into a thriving business. Her store, Campus Jewelers, which arrived in Wilton River Park Shopping Center two years ago, recently moved into an expansive new space at the edge of the center. It is framed with floor-to-ceiling glass windows, decorated with handmade Persian rugs, 24-karat gold-plated Czechoslovakian chandeliers and antique …

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September 22, 2010

Shopping Business Gifts For Colleagues

Celebrating a milestone or accomplishment? Make sure you will present a nice choice of business gift for a successful colleague. Giving business gifts for colleagues is one way of showing appreciation and gratitude towards somebody in your office who have done a really great job. Shopping business gifts for colleagues is actually quite easy, although many thought it was not.

When shopping business gifts for colleagues, the first thing you will need to consider is creating a budget. Since it doesn’t need to be very lavish, choose something you can afford and not the one that will make you break the bank. There are many offices, however, that there employees are contributing for something like gifts for accomplishment, retirement, birthday, wedding anniversary and etc.

Shopping business gifts must be according to your recipient’s likes, interests and personality. This is to make sure that you will be giving what he/she really want to receive. Ask other colleagues about your recipient’s likes if you want it to be a surprise gift, otherwise ask him/her directly if needed so. Consider recipient’s favorite sports, pastimes, crafts or hobbies. More ideas means higher the chance of giving the gift successfully.

Make it personalized. After deciding which business gift to give, make it personalized by including a personal touch. There are so many business gifts to choose from and most of them can be made personalized with either names, initials and other details or inspiring words. Depending on your chosen gift item, you can include your recipient’s embroidered or engraved name or initial on your gift. Then, you can have a one-liner quote be added onto that to make it even more special.

Choose among the array of office desk accessories. If you are planning to give a business gift to a colleague, consider desk accessories such as a desk clock, desk organizer, pen holder, paper weight, bookends and etc. Of course, make your chosen item personalize by including your recipient’s name or initials.

Another great idea when choosing business gifts is to consider something that can make your recipient look elegant and sophisticated. Gift ideas such as cufflinks, watches, money clips and business card holders are a few great items you can give as business gift for a colleague. With this type of present, you are sure to make your colleague look classy while at work or even afterwards.

Browse online to see a more wider selection of business gifts. There are so many online stores that offer different business and corporate gifts to choose from. Be it for an executive, retiree, employee recognition, company anniversary, holiday or etc. Most of online gifts can be personalized according to your taste. From personalized office desk accessories, handbags to even barware and cigar accessories, you are sure to find everything that can make a perfect gift for your colleague. Find great deals online but make sure to look for it at a reliable web store. Rake time when shopping and compare products and prices. By doing so, you will surely enjoy shopping online!

July 28, 2010

The Art Gallery and Gift Shop Business

A business that includes a picture framing business, an art gallery and a gift shop is a business that has an excellent chance of succeeding. If the location is high traffic this will get potential customers to stop and go through the gallery. If your shop is located in a tourist area you may get an entirely different group to visit your store depending on the time of year.

The gift and framing business should give the store a constant cash flow and the gallery will help the bottom line each quarter. Pictures and art works are an individual like or dislike. What one person would find a must have item another could pass on without a second thought. This means in the gallery you will need to have some variety of art and pictures.

Two attributes are needed to be a successful gallery owner. You must be passionate about art and you must be a good businessman with really good people skills. Negotiating the sale of an expensive piece of art is not a take it or leave it type of sale. It takes some skill and a willingness to deal to make the sale happen.

Start a store, Buy a store, Buy into a Franchise

These are three of the ways to get started in this business. Starting from scratch is the least expensive in start up cost, but also the most difficult to make successful. Buying an existing store is wise for some people as there is already some cash flow and a customer base. Buying into a franchise may offer some advantages, but the buyer should really study the franchise offer and make sure they can live with any restrictions that are part of buying into the franchise.

All of these options have merits and a plus and minus check off system will let you understand better the difference between the ideas. The amount of money you have available for the startup or purchase will also be a determining factor on which way you go. Buying a successful shop that has a clientele is not a bad way to go and may offer the greatest chance of success. Also the current owner may be willing to finance part of the sale price.

A business broker could be of help in finding businesses that are for sale. They would probably be of help in locating potential properties that are up for purchase. They also may be able to give you some solid advice on how much to pay.


Where to find items to sell

Estate sales, eBay and the Internet offer items that could be purchased by a knowledgeable buyer. If you know what the market is looking for or are good at seeing a fad develop, you could find some bargains in these venues. There are many Internet companies that will offer you smaller items for the gift shop and for impulse type purchases. Unusual and visual are two of the prerequisites for items for your shop. People are attracted to the unusual and the more visual the item is the more likely the sale.

Another way to find items for sale is to build up a list of artists that are willing to let you represent their work. Meeting local art teachers and art groups may also let you find an artist before they become famous. Art and craft fairs and shows are another way to find items that could be sold in your shop.

Join any mailing list you can find for people in this business. The more information you have, the better you are able to stay up with what is happening.

Location is important

Location is always important in any retail business. If you wish to sell at the higher end of the art world you better plan on having a prestigious address. Tourist type shops can be on a retail street or in a shopping strip. Good traffic is the key to being successful. You need the walk-by traffic to get people in your shop. The casual shoppers can turn into a customer that spends some real money if your items catch their fancy. You never know who will pull out a credit card and buy the most expensive item in the shop.

Advertising the business

This unusual business lends itself to mail campaigns and e-mail notices. Local radio and TV may work, but you will need to try it on a small level first to see what kind of a response you get from your ads.

A current Internet site is a great way to push the new items in your store. You must have the capability to change your web pages yourself, as you need to make the changes. A stale website is never a good idea. It must be kept fresh.You may want to see what other shops do to gain business if you have some contacts in the business.


Conclusions

This business is different and can be a very interesting way to make money. Inventory turnover will keep people coming back to see what you are currently displaying. One-man shows and special types of art can also bring in the old and new customers. Finding a constant source of new items is the art of running a successful business. New ideas, art pieces and gift items are necessary to stay current in the business. This is the only way to get old customers to stop in and see you again. If your items are stale, the old customers will grow bored with seeing the same thing each time they stop.

New artist and new art pieces will always be a new experience for customers. If you are lucky enough to find an up and coming artist, your shop could become very busy if you are representing the artist. Unknowns can be valuable too, as customers always want to be the first to recognize a new talent.

The range of possibilities in this business is only contained by your imagination. This is the great part of this kind of a business. It is always changing and keeping your interest in what is going on in the creative world.

July 22, 2010

Succeed in Your Handcrafted Jewelry Home-Based Business

We know how to achieve success in the handcrafted jewelry business and believe that you can achieve your goals as well. Success in a home based business is a dream that many people share, but it’s not all fun and games.

Do you want to do what you want, when you want? Then, you need a big inheritance from a rich relative! No rich relatives? You are going to have to work but on the lighter side, the handmade jewelry business is actually enjoyable with very little start up costs.

Making a business a success takes a lot of hard work and determination above all else. You will be doing all that you can, as much as you can. Success is everything you ever wanted, but it can be frustrating. You must be determined and push yourself above and beyond all your competitors.

The handmade jewelry business is very competitive but also very rewarding. To succeed you must be more creative to make the most unique handcrafted jewelry than your competition. You must offer better customer service than the others. Having a good relationship with customers will help your business succeed. Word of mouth is one of the most powerful advertisements for your business.

Working from home has many benefits especially if you have small children. You can be with them and build your business gradually. You will not have the extra expenses that are involved in a renting a separate work location. Best of all you will be working in the comfort of your own home when it is more convenient for you.

Home based businesses are the easiest and often the most profitable. Handmade jewelry can be ones of the most creative crafts. With a little imagination and some hard but enjoyable work you will be able to succeed in the handmade jewelry business.

July 1, 2010

The Cabinet Shop Business

A cabinet shop can be started in a homework shop, but in order to do it right a person would need to have a spacious place to do the work. They would also need to have real experience in cabinetry and wood working detail. A knowledge of how to do the work and an artist eye would make a terrific combination to some one looking to own a business in this field.

The obvious way to get into the business is to buy an existing firm and capture many pluses that come with an existing business. Equipment, a place to do the work and a customer base are very good advantages when buying an existing business. A cabinet shop is really a creature of its reputation with contractors and the advertising it does to the homeowners. A good sales staff with a portfolio of quality pictures of prior jobs is also important in getting new business. The homeowner business will be far more profitable than the contractor business.

Both of these customer types are important to keeping the cash flow coming into the business. Some owners in this business will take the contracting jobs just to keep their staff busy. They know they will make money on homeowner jobs.

Locating or finding a business to start or buy

Location of the business is not as important as a retail store’s place of business. The importance of locating the business is having the floor space to do the jobs that come in the door. Also the shop must have solid equipment and a staff that is good at their job. Experience in this business is gained by doing the work and not by book learning. A hand on knowledge is the only way to learn to be an artisan at woodworking. Most people in this field have been doing this kind of work since they were a kid. They may have learned it from their father or another relative.

If you have been doing some small jobs for neighbors or small contractors in your home, it may not be that hard to expand your business as you have some valuable references. Slowly taking on bigger projects is a way to grow your business and still be stationed at home. At some point you will need to get a shop and add an employee or two. Be prepared to spend money and not make a great deal at first. You are at the mercy of customers needing to have work done in order to get the money in the door. This will grow by word of mouth and by some very pointed advertising. It may be a good idea to hook up with a good commission sales person to bring in the business. Again you will have to pay for talent as these sales people who can do the job are highly paid.

Finding an existing business that is for sale is going to require a search. Talk with business brokers about their listings. They may know of a business in your area and they will have listings in other cities. This is not a common business that comes to market so you will have to be patient and maybe check with several business brokers. Once you find a likely candidate, the fun will start.


The art of the deal

The buying of a business is much more complicated than buying a home. There are many factors to take into consideration like, company profit, existing clients, number of people on staff, areas of possible growth, current financials and why is the owner selling. Is the asking price something you can afford and pull off without a huge growth in business? Will the current owner consider carrying paper to make the deal happen? All of these questions will need to be answered and many more. A business broker will know many of the answers to the business details. If he has done his job, he already knows the answers. A pro in this area can make a deal go far more smoothly than if the owner and the buyer was negotiating face to face. The point is let the broker earn the commission he will be paid if the deal goes through.

Money is needed to make the sale

If you have all of the money needed to make the deal, you are in the catbird seat. If you are going to need help with the purchase price, you will need to find a source to help you come up with the difference. A lender of some sort must be found. Your banker, a relative, a friend, a business lender from the internet or the owner himself may be willing to help raise the needed money. If the owner will take part of the purchase in a loan, then you have a start in getting together the funds to buy the business. If the owner is involved, the purchase price will probably increase some. Business buying lenders are found in great numbers on the internet and they are professionals at doing this kind of loan. The other sources mentioned are iffy, but they sometimes will make the short-term money available.

Money is the name of the game in this kind of a purchase. It will make the difference in the price and the possible success of the venture. Be careful of too heavy of a debt load when buying a business. This can sink the project right from the start.


Conclusions

This is a unique business that the owner must bring exceptional skill to in order to be successful. Woodworking talent is at a premium to do this business right. A staff of professionals must be acquired in order to grow. Talent comes at a price and must be kept happy in order to keep them. The new owner must be a sales type person or be willing to hire a talented person in this area. Sales is the name of the game in any business and this one is no different.

If you are planning to buy a cabinet business , visit Cabinet Businesses for sale , where you may be able to find a business near you.