Sponsored post Visa is helping lead the cashless movement by working to reshape how people pay and get paid. Visa will award $10K each to up to 50 eligible restaurant, café or food truck small businesses who best answer, “How would going cashless benefit your business and what does Visa’s cashless movement mean to you?” It’s easy to apply! All you need to do is get out your smartphone and record your answer in a video that’s 60 seconds or less. There’s no obligation to go 100% cashless to participate or win. Check out the challenge details below and at www.visa.com/cashless – and good news, the deadline to apply has been extended to November 30! Now, if you run a food truck, café, deli, diner or gourmet restaurant, you already have enough to worry about: your inspections, mechanical breakdowns, spoilage, employee theft, property and vehicle insurance and robberies. Why worry about how you’re going to get paid too? I’m going to let you in on the benefits of going cashless. This will help you answer the question for your contest video submission. Benefits of going cashless People live on their smartphones. 70% of the world – or more than 5 Billion people – will be connected via mobile device by 2020, meaning there will be more users who can make purchases electronically than ever before. The average phone user in the U.S. checks their phone more than 150 times a day. If you are a food service small business, why not make sure that there’s one more way for your customers to do business with you? Going digital allows your patrons to pay via device. Additionally, wouldn’t it be great to spend less time reconciling the cash register every night at close? Going cashless takes the concept of grab-and-go to whole different level. This is a huge opportunity for your business to meet the growing demand of your customers. As millennials become an increasingly important customer base and more commerce is initiated via mobile device, adding digital payments to the equation makes your business look tech-savvy, and could increase your takeout or delivery business. It’s fast, convenient, safe, and future-proof. Enter this challenge today. From now until Nov 30, 2017, food service small businesses who operate a restaurant, food truck or cafe can enter the Visa challenge at www.visa.com/cashless. Perhaps your holidays will be a little brighter with an extra $10K. This article was sponsored by Visa Inc., the content is the advice and opinion of Melinda Emerson. NO PURCHASE NECESSARY TO ENTER OR WIN. Eligible merchants are not required to “go cashless” or exclusively accept electronic payments to either participate or win an award. Open to legal U.S. (excluding MA) and DC residents, 18 and older who are owners of a for-profit small business food service such as a restaurant, café, or food truck which has a physical storefront or vehicle presence, not currently 100% cashless as of 9/6/17. Business must have 100 or less employees. There is a limit of One (1) Entry per person and small business. Subject to Official Rules. Void in Massachusetts, Puerto Rico and where prohibited. Challenge ends 11/30/17. Click here for the Official Rules on eligibility and how to apply and review the Visa Privacy Policy. Sponsor: Visa U.S.A. Inc. Official Rules here. The post Could you use an extra $10K for your small business this holiday? appeared first on Succeed As Your Own Boss. from http://succeedasyourownboss.com/use-extra-10k-small-business-holiday/
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#Smallbizchat is a weekly conversation where small business owners can get answers to their questions. The focus of #Smallbizchat is to end small business failure by helping participants succeed as your own boss. Please join us live on Twitter every Wednesday 8-9 pm ET. Here’s how: follow @SmallBizChat on Twitter and follow the hashtag #Smallbizchat and click here for directions to join the weekly conversation. In November, we’ll be talking about SEO, how to grow your sales, handling conflict and how to effectively outsource your marketing. Here is a list of who is on #Smallbizchat in November. November 1st – SEO Tips You Can’t Ignore for Your Company’s Blog, @domainME Natasa Djukanovic is the CMO at domain.me and Co-founder of digitalizuj.me. Natasa is also an active educator of young people and business professionals on startup strategies, digital business and technology. Visit www.domain.me
November 8th – How to Implement Cost-Effective Programs to Grow Your Sales, @louisgudema Louis Gudema has worked with companies from MIT startups to IBM — and everything in between. Today he is focused on helping small- and mid-sized businesses grow faster by focusing their efforts with his Bullseye Marketing Framework. Learn more at www.revenueassociates.biz November 15th – How to Handle Conflict in Your Life and Business, @quiettherage R.W. Burke who is a Certified Professional Coach through the Institute for Professional Excellence in Coaching and is the top coach on Ford Motor Company’s Consumer Experience Movement (CEM) project. He is also the author of a self-help book for business executives – Quiet the Rage: How Learning to Manage Conflict Will Change Your LIfe (and the World). Find out more at www.quiettherage.com November 22nd – No SmallBizChat this week – HAPPY THANKSGIVING Enjoy your holiday! November 29th – How Outsourcing Marketing Can Hurt Your Small Business, @harbren Jill Harbren is a marketing consultant for small businesses that think differently. She is a mentor and the founder of Harbren Marketing and has been in the small business trenches for around 20 years. She helps businesses to discover the top mistakes that small businesses make with their marketing and how to fix them. More information at www.harben.com Every Thursday morning on Melinda’s blog, a complete Q&A interview from each #Smallbizchat is posted as a recap http://www.succeedasyourownboss.com
The post Who’s on #Smallbizchat November 2017 appeared first on Succeed As Your Own Boss. from http://succeedasyourownboss.com/whos-on-smallbizchat-november-2017/ CRM systems help you to manage your sales process more efficiently and effectively. In this guide we explain how to setup Zoho CRM, which is one of the most popular small business CRM systems. We will explain how to get your data into Zoho, how to setup your sales pipeline and how to customize fields… The post How to Use Zoho CRM In 5 Steps appeared first on . from https://fitsmallbusiness.com/how-to-use-zoho/ Welcome to the Fit Small Business QuickBooks Online training course! In this lesson, we’re going to cover how to reconcile business credit card accounts in QuickBooks Online. You can follow along on your own QuickBooks Online account. If you don’t have one already, click here to sign up for a free 30-day trial and follow… The post How to Reconcile Business Credit Card Accounts in QuickBooks Online appeared first on . from https://fitsmallbusiness.com/reconcile-business-credit-card-accounts/ A blanket mortgage enables real estate investors to buy, hold, and sell multiple properties under a single financing arrangement which is more efficient than having multiple individual mortgages. With a blanket loan, properties can be sold without triggering the “due on sale” which allows proceeds from the sale to be used to purchase more property.… The post Blanket Mortgage Fundamentals: Rates, Terms, Qualifications and More appeared first on . from https://fitsmallbusiness.com/blanket-mortgages/ Do you feel like there’s something missing with your staff’s performance? Then read on! Team building activities are great, fun ways to improve dynamics among company employees and boost employee morale. Here’s a list of the 26 best team building activities and ideas from the pros: 1. Volunteer Together Holly Harper, Director for Marketing at… The post 26 Team Building Activities & Ideas From The Pros appeared first on . from https://fitsmallbusiness.com/team-building-activities-ideas/ Small Business Saturday, an idea conceived by American Express in 2010, was created to put small businesses with fewer than 150 employees under the limelight and help them generate revenues during the busy holiday season. This year, you can show your love to local businesses and shop small with friends and family on November 25,… The post Small Business Saturday 2017 – Top Trends, How to Participate, and Perks appeared first on . from https://fitsmallbusiness.com/small-business-saturday-trends/ With the scramble on to get ready for the biggest shopping season of the year, local retailers are understandably looking for ways to stand out. If you want to make sure your local business cashes in big this holiday. It’s time to get your holiday sales and marketing strategy going fast. Try a few these marketing ideas; Participate in Community Events As a local retailer, you’re competing not just with other businesses in your geographic area but also online retailers. So how can you compel customers to visit your location to spend their holiday budgets? Partnering with other businesses. Often, shopping communities band together to entice shoppers leading up the holidays. Don’t forget to create a Shop Small offer to promote for Small Business Saturday. It’s the Saturday following Thanksgiving and Black Friday, small businesses all over the US offer discounts, bundle deals and giveaways to shoppers to get them to support local businesses. Because there’s already a significant amount of marketing around this event, participating in it is a no-brainer. Look for other community events to join in as well, such as setting up a booth at a local hospital, donating a portion of profits to a local charity, providing branded giveaways and goodies for the local Santa to hand out, and food drives. Leverage Your Location in Search Results Even if you’re a local business, you will still need an online presence in order to attract customers during the holidays. Brendan Morrissey, CEO of digital marketing startup Netsertive, had this advice: “Retailers need to be prepared for the rise in ‘near me’ searches this holiday season – customers searching for products and businesses by location. For small businesses, this means optimizing your mobile SEO to be found online.” Morrissey says the first step is to make sure your Google My Business listing is up-to-date and accurate, so that your business will appear in geography-based searches. Additionally, use location keywords on your website so that people searching for, as an example, “toy store Normal Heights” can find you. Invest in More Marketing All the channels you normally use to market your retail business — email, social media, content marketing — will need to be turned way up during November. Keep the message consistent: come to our location to save big for the holidays. Your emails should promote the hot products you’ve marked down, as well as contain high-value coupons. Social media should provide teasers for what will go on sale next. Build content on your blog such as best gifts for busy business owners to help people decide what to buy. But don’t wait until two weeks before the holiday to plan your marketing; instead, map out weekly promotions and coupons in advance so all you have to do is fill in the blanks. Consider Groupon Another channel to attract new business during the holidays is Groupon and other daily deal sites. While you give up a percent of the deal’s value to Groupon (sometimes as much as 50%), it’s a fantastic way to get people in the door of your local business. So you might offer one product at 75% off of normal price through Groupon, but then be ready with an upsell as 63% of people who redeem the deal tend to buy other products. So while you lose a little on that initial product or service, you make up for the loss in the upsells. Just make sure you’re well-stocked in inventory of the product that you put on the deal, and that you’ve got ample customer service to assist the flood of people that will come redeem the offer before Christmas. Get them to sign up for your emails when they check out so that you can prolong the relationship, offering them more reasons to shop with you again. Local businesses have huge revenue potential when it comes to the holiday shopping season. But it’s important to realize that you’ll need to position your business slightly different than an online-only retailer would. SEO is a much bigger factor during the holiday, especially on mobile devices. You want to make sure shoppers can find you through their mobile phones. Direct mail still works too, just make sure you’re tackling both online and offline marketing strategies to reach your customers. The post How Local Retailers Can Win Big This Holiday Season appeared first on Succeed As Your Own Boss. from http://succeedasyourownboss.com/local-retailers-can-win-big-holiday-season/ Last In First Out, also known as the LIFO inventory method, is one of five different ways to value inventory. LIFO assumes that the most recent items purchased (the newest items) are sold first. LIFO is best for businesses that sell non-perishable products that do not require refrigeration and generally have a longer shelf life.… The post What Is The LIFO Inventory Method & How Does It Work? appeared first on . from https://fitsmallbusiness.com/lifo-inventory-method/ First in First out, also known as the FIFO inventory method, is one of five different ways to value inventory. FIFO assumes that the oldest items purchased are sold first. FIFO is best for businesses that sell perishable food/drink items or products that have an expiration date like certain medications. In this article, we will… The post What Is The FIFO Inventory Method & How Does It Work? appeared first on . from https://fitsmallbusiness.com/fifo-inventory-method/ |
AuthorHello I am Teri Crawford 26 years old living in Toronto, Canada. I have recently finished my MBA and planning to start my own business. Archives
November 2018
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