The holiday gift giving season is a sure thing, often presenting challenges for your business or nonprofit organization. Should you give? To whom? If you’re even questioning whether to give or not, you can stop right there. No matter your budget, there are excellent business reasons why you should! Here are 3 ways that giving out […]
Gifts
Using Promotional Items to Build Client Relationships
A friend of a friend gave his wife a vacuum cleaner for Christmas. Relating this story to me, my friend wondered out loud how it was possible that his buddy was still alive. This is the classic husband mistake: giving his wife something that he thinks will make life easier for her and that in […]
Gifts versus Cash: Which is More Effective as a Corporate Giveaway?
Certain corporate gifts have a greater effect than cash. A recent study demonstrated that that travel and merchandise incentives are more attractive to employees and investors than financial incentives. In the merchandise category we have gift cards, which proved to be the most popular kind of award item. Those who participated in the study declared […]
Can Business Owners Deduct Holiday Gifts on Their Tax Returns?
With the holiday season in full swing, many of us are in a gift-giving mood. So this begs the question: Does the IRS allow business owners to write off gift expenses as a tax deduction when filing with Uncle Sam?
How to Use Gifts to Win Business and Snag Referrals
Gifts can be powerful. They can brighten someone’s day, communicate friendship, and keep romantic relationships fresh and exciting. When applied to the business world, giving gifts to prospects or clients can turn leads into clients and relationships into referrals.
How to Account for Gift Certificates in Your eCommerce Store
So you decide you want to issue gift certificates. How does the accounting work for those? It is a little involved, but nothing that is beyond the capability of services like GoDaddy Bookkeeping to handle.
10 Ways to Offer Your Sales Team Awesome Incentives
Who doesn’t love to work towards an incentive? It helps keep up motivation, determination, and a little competition can always be healthy. Offering exciting employee incentives is a great way to keep your team doing its best…
