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Actived: Sunday Aug 2, 2020
Employee Discount Programs Benefit Employers at Low Cost
Implementing an employee discount program can boost morale, but it also takes time and resources to get the program off the ground. Costs and benefits must be taken into consideration before implementing an employee discount program for small business, and even after a program is in place and is being evaluated.
Employee Fringe Benefits FAQs | Paychex
See how a structured and effective orientation process can help instill a sense of loyalty pays off in longer employee retention. About Paychex Paychex was founded over four decades ago to relieve the complexity of running a business and make our clients' lives easier, so they can focus on what matters most.
How Loyalty Rewards Programs May Benefit Small Businesses
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 other special purchases can encourage repeat visits.
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 Business
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 Small Business Saturday.
How to always be closing out sales - Paychex
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 customer life cycle, and long-term customer retention.