I went into a beauty shop recently and asked if they carried any men's grooming products. The first question the clerk asked me was if I had a barber's or stylist's license. Well, I didn't so that was that.
Which got me thinking: what is the benefit of this arrangement? Do they get some sort of tax break, or some sort of discount from the manufacturer? I'd imagine they sell at wholesale prices, but it seems like setting up a brick and mortar shop, especially in a remote strip mall, would be a losing proposition.
Do you know how this business model works?
K.T.
Which got me thinking: what is the benefit of this arrangement? Do they get some sort of tax break, or some sort of discount from the manufacturer? I'd imagine they sell at wholesale prices, but it seems like setting up a brick and mortar shop, especially in a remote strip mall, would be a losing proposition.
Do you know how this business model works?
K.T.