A Restaurant In China Offers An All You Can Eat Deal for only $19

inclogo

(This post originally appeared on Inc.)

Offering free products is a marketing tactic that has been used by businesses big and small ever since there have been businesses big and small. But these tactics certainly have their risks, as the owners of a restaurant in China recently found out.

For the equivalent of only 120 yuan ($19) per month, customers at Jiamener restaurant Chengdu, Sichuan province – a city that boasts more than 14 million residents – were able to eat as much as they wanted for as long as they wanted. The promotion was a hit. In only 10 days, more than 1,700 people signed up for the deal. Unfortunately, the restaurant’s owners got a lot more than they asked for. Read More…

Advertisements

Facebook Will Ban Some Businesses From Advertising…And Other Small Business Tech News This Week

forbes_logo_main

(This post originally appeared on Forbes)

Here are five things in technology that happened this past week and how they affect your business. Did you miss them?

1 — Facebook will now ban “bad” businesses from advertising.

Facebook has announced the global rollout of a new policy that will now let users file a complaint about businesses they’ve had a problem with if they bought something after clicking on one of their ads. If enough people complain about a business, it could lead Facebook to ban the company from running ads. The new policy is meant to help Facebook fight back against advertising abuse on its platform and trying to prevent “bad shopping experiences,” which can cost customers and make them frustrated with Facebook, too. (Source: The Verge)

Why this is important for your business: Read More…

Why Do Millennials Resign? The Answers May Surprise You

inclogo

(This post originally appeared on Inc.)

Lazy. Impetuous. Disrespectful. Unreliable. No, those aren’t the words that people today use to describe the millennial generation. Those are actually the words our parents’ generation used to describe us!

Now, there’s a new generation in town.

Millennials – those aged anywhere from 18-34 years old by most accounts – make up a significant majority of the current workforce. The smartest CEOs and business owners I meet accept that this generation has different values and priorities than the ones before and – instead of complaining about this fact – adjust their employment practices to attract the best workers from this group. But attracting new people and then keeping the best ones motivated and working long term are two different things.

How do you keep them from quitting? Read More…

On CRM: SAP Jumps Back Into CRM And Why Your Company Should Care

forbes_logo_main

(This post originally appeared on Forbes)

Most of my clients are small or medium sized companies and are generally not SAP customers. It’s not that SAP doesn’t offer good solutions for this market – they do. But let’s face it: the company has built its very existence on large scale software for large scale enterprises and implemented by large consulting firms like Accenture and the big four accounting firms.

But just last week, the enterprise software giant made an announcement that affects companies of all sizes.

At its annual Sapphire Now conference, the company’s CEO Bill McDermott announced a new product suite called SAP C/4HANA – a new set of CRM software and tools that will integrate with its existing S/4HANA financial applications. Read More…

Here Comes The 28-Hour Battery…And Other Small Business Tech News This Week

forbes_logo_main

(This post originally appeared on Forbes)

Here are five things in technology that happened this past week and how they affect your business. Did you miss them?

1 — Intel claims its new display technology can give laptops 28 hours of battery life.

This week, Intel introduced a new low-power display technology that could potentially double the battery life on laptops. It has joined forces with display tech companies Sharp and Innolux to make laptop displays that consume just one watt of power. Intel says a low-power display can add four to eight hours of battery life to a typical laptop during local (non-streaming) video playback—meaning battery life could be up to 28 hours on some devices, rather than the usual 12 hours. (Source: Business Insider)

Why this is important for your business: Read More…

Thanks to the New Tax Law There’s Never Been a Better Time to Hire Your Kid

Screen Shot 2013-10-02 at 9.04.17 AM

(This post originally appeared on Entrepreneur)

As a certified public accountant, I often get asked for ways to save on taxes. Thanks to the new tax reform bill, there are puh-lenty. But there’s one tax benefit in particular that I’ve been recommending to business owners of late, mainly because schools are about to let out for the summer: hire your kid!

Don’t let some other employer steal your children this summer! What, you think some pimply manager at the local fast food restaurant is going to teach your child all the things about life and the meaning of a hard day’s work like you can? No way. This is a golden opportunity for you. You are a devoted parent who wants to raise good, hard-working, law-abiding and conscientious children. Of course, saving a few bucks on your tax bill wouldn’t hurt either, right? This year, you can save big. Read More…

This is a Terrible Year To Be A Landscaper

inclogo

(This post originally appeared on Inc.)

The landscaping business has never been easy. But this year, it’s harder than ever. And no, global warming has nothing to do with it.

Take Joe Chiera, who owns Impact Landscape & Maintenance in Boston Heights, Ohio. Chiera is used to dealing with shifting labor, unpredictable weather, environmental concerns and navigating the challenges of managing cash in a seasonal business. But this year, he’s got another huge challenge: no workers.

“We are having major struggles finding people to work,” Chiera told the Akron Beacon Journal. “No one wants to hear me. No one cares.” Read More…