Beauty Store Business

JUN 2017

Beauty Store Business provides solutions for better retailing! New products, industry news, savvy business moves and important trends affecting both brick-and-mortar and online retailers are included in each issue.

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Page 63 of 75

62 June 2017 | KittisakJirasittichai, Independent beauty stores can avoid business-breaking fi nes by knowing and following these employment laws. by Steven Austin Stovall, Ph.D. Y ou have probably heard horror stories about businesses paying hefty fines for failing to comply with federal legislation. Sums in the millions of dollars are not unusual. And if you think they are only applicable to large, multi-billion corporations, you're greatly mistaken. Even small, single-location stores are subject to compliance with federal laws. However, most of these types of businesses do not have a dedicated human resources compliance officer—probably like your store. In addition to making schedules, merchandising, ordering inventory and even unclogging toilets, as the manager you're expected to ensure that you are adhering to all pieces of legislation. To help you, here are eight federal laws you should be familiar with, and tips for ensuring compliance. Take a look at each one and see how your store or stores are doing.

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