Publication: The New York Times

Today in Small Business: Mark Cuban’s Rules

September 9, 2013

A weekly roundup of small-business developments. What’s affecting me, my clients and other small-business owners today.

Washington Here are four charts that will help you track whether the Federal Reserve will taper its quantitative easing. It seems the sequestration budget cuts are hurting small consulting firms: “The $85 billion in budget cuts officially began March 1, but owners like LaJuanna Russell started feeling the effect last summer. Government employees cut contracts in advance, anticipating they’d lose funding. Among those badly hurt were businesses that provide training and consulting services not considered essential. Like Russell, they’ve had to lay off workers as their revenue plunged.”

Start-Ups Mark Cuban’s 12 rules for starting a company.

Employees This infographic examines whether employees and business owners see eye-to-eye when it comes to how they view their companies. An organization with 30 employees wastes more than 150 hours — or four weeks — every year tracking vacations.

Management Research reveals that more business travelers are taking time for themselves as well. Gregg S. Lipman says there is much management wisdom that you can glean from ’80s movies like “Stripes”: “What can I say about a movie whose tagline was, ‘The story of a man who […]

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News From the Advertising Industry

February 4, 2013

ACCOUNT

Nissan Motor Company expanded its relationship with TBWA Worldwide, part of the Omnicom Group, by naming TBWA as the global marketing agency for the reintroduction of the company’s Datsun brand. Spending has not been determined. Datsun was the original name for the Nissan brand; it is being brought back as a lower-price car line aimed at young, middle-class drivers in fast-growing markets like India, Indonesia and Russia. The worldwide creative and strategic work for Datsun will be led by TBWA Hakuhodo, Tokyo, and TBWA London. TBWA is also the creative agency for the Nissan and Infiniti brands sold by Nissan Motor. Vonage Holdings, Holmdel, N.J., selected two agencies for assignments that had been handled by agencies owned by the Omnicom Group. Spending was estimated at $150 million. JWT New York, part of WPP, will handle the Vonage creative account, which had been handled by TBWA/Chiat/Day, part of the TBWA Worldwide division of Omnicom. And Horizon Media, New York, will handle the Vonage media account, which had been handled by PHD, part of the Omnicom Media Group division of Omnicom. Chopin, the Polish vodka owned by Tadeusz J. Dorda, named Clarity Coverdale Fury, Minneapolis, as its worldwide agency of record. […]

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Accounts and People of Note in the Advertising Industry

February 13, 2012

Kate Bittman joined the New York office of Rodale as associate director for communications at Men’s Health magazine. She had been public relations manager at The New Yorker magazine, part of the Condé Nast Publications division of Advance Publications.

James Brooks joined Forge Worldwide, Boston, as an interactive art director. He had been a senior designer at the Boston office of Digitas, part of the VivaKi division of the Publicis Groupe.

Andrew Campbell and Dominick Cirigliano joined CBX, New York, as vice presidents, responsible for business development. Mr. Campbell had led business development efforts at Innovations and Development and Mr. Cirigliano had been director for business development at Brand Engineers.

The Coca-Cola Company expanded its relationship with the Indonesian operation of McCann Worldgroup, part of the Interpublic Group of Companies, by naming it agency of record for all sparkling beverages. The agency will continue to create campaigns for Coca-Cola and also handle the Fanta and Sprite brands, which had been handled by the Jakarta office of Ogilvy & Mather Worldwide, part of WPP. Billings were not disclosed.

Dave Damman, executive creative director at Carmichael Lynch, Minneapolis, owned by the Interpublic Group of Companies, was promoted to chief creative officer, which […]

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At Duane Reade’s Newest Outpost, Sushi and Hairstyling

July 5, 2011

Despite the beleaguered stock market, Duane Reade is turning to Wall Street to make a profit.

On Wednesday, the chain will open a roughly 22,000-square-foot pharmacy in the Trump Building at 40 Wall Street. Joe Magnacca, president of Duane Reade and Everyday Living Solutions at the Walgreen Company, which owns Duane Reade, said it is the largest Duane Reade ever built.

The drugstore occupies 40 Wall Street’s cavernous old bank space, with vaulted ceilings rising two stories above the marble floor. It includes opulent amenities like a hair salon for shampoos, blow dries and blowouts; a nail bar for manicures and massages; a pharmacy with a doctor on hand for consultation during the week; and a grocery market featuring sushi and smoothie bars. There is also a stock ticker.

The Wall Street store’s extensive services are an attempt to rethink the American pharmacy model, which Mr. Magnacca said “hasn’t changed much since the removal of soda fountains 50 years ago.”

“We believe it’s the most exciting drugstore in the world,” he said in an interview last week.

Mr. Magnacca said this Duane Reade cost around 20 percent more than usual to build. It is the company’s latest effort to custom-fit […]

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