How to always be closing out sales
Often closing sales is the goal of virtually every transaction involving a business and its customers. The best closing sales tips encompass not only how to close a deal, but also how to look at the broad spectrum of sales, lead generation, marketing, the …
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Employee Fringe Benefits FAQs Paychex
Fringe benefits for employees can take the form of property, services, cash, or some cash equivalent (something that can be turned into cash, such as a gift card or savings bonds). Generally speaking, fringe benefits are taxable to the employee and must be included as supplemental income on the employee's W-2 form.
Paychex: Payroll & HR Solutions
Paychex was named to Forbes magazine’s 2018 list of the World’s Most Innovative Companies. The 100 companies included on the list are ranked by Innovation Premium: the premium the stock market gives a company because investors expect it to launch new offerings, utilize existing resources more efficiently, or enter new markets that will generate even bigger income streams.
How Loyalty Rewards Programs May Benefit Small Businesses
Loyalty Programs Help Establish Marketing Lists. To gain marketing efficiency, small businesses may wish to establish some sort of distribution list to contact frequent customers. To encourage sign-ups for loyalty programs, retailers may offer coupons for future purchases. Customer communication is important and advance notice of sales and
How Can You Curb Employee Turnover in Your Retail Business
As noted, monetary compensation isn't always an option, so explore other ways to thank your hard-working team: added paid time off, discount movie tickets or restaurant coupons, an afternoon spent off-site with fun activities, or going to a baseball game.
Small Business Saturday Ideas to Promote Your
Small Business Saturday ideas might include: Hosting a kick-off breakfast. Having a musician or musical act perform in your store. Sponsoring an in-house prize drawing. Serving free coffee and doughnuts. Offering door prizes, customer appreciation gifts, discount coupons, etc. Think carefully about what your target customers might want out of
How Have Fringe Benefits Been Affected by Tax Reform
While last year’s passage of tax reform substantially lowered the corporate tax rate, it also eliminated tax breaks for certain employee fringe benefits.Given the short notice of many changes under the new tax code, you may want to consider carefully reviewing current programs and ensuring they are providing benefits in the most tax-efficient way possible.
How Your Business Can Make the Most out of Black Friday
Black Friday — the day after Thanksgiving (Nov. 23 this year) — is regarded as the traditional kickoff to the holiday shopping season. Cyber Monday is its close kin — the Monday after the Thanksgiving weekend, when online retailers tout big bargains. The National Retail Federation predicts a banner Black Friday for 2018 — consumers say