• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube
Big Ideas for Small Business logo

Barbara Weltman

Big Ideas for Small Business, Inc.

Whitepaper download

Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."

This field is hidden when viewing the form
Get the:

  • Home
  • About Us
  • Big Ideas For Your Business
    • Idea Of The Day ®
    • SMB Legal
    • SMB Taxes
    • SMB Financial
    • Small Business
    • Newsletter Archive
  • Services
  • Books
  • Blog
  • Multimedia
    • Videos
    • Radio Shows/Podcasts
  • Be a Guest Blogger

5 Actions to Take Now for the Holidays

September 7, 2017 / By Barbara Weltman

5 Actions to Take Now for the HolidaysWhile wreathes, mistletoe, and menorahs may seem a long way off, businesses should be gearing up now for the holiday season. Kiplinger is predicting better sales this year than last year, with e-commerce sales taking a bigger chunk of consumer dollars. If you haven’t already begun your holiday activities, get started now.

1. Determine your sales activities

The National Retail Federation has a 2017 Retail Holiday Planning Playbook that describes the lessons learned from last year’s season. For example, more than half of consumers began their purchasing research before November, but only a third made actual purchases at that time. Most consumers buy in November (36%) and in the first two weeks of December (27%). This means you must be ready by October at the latest to show your items so customers can browse.

2. Set sales policies

Decide on your return policy. Will you set time limits? Give cash refunds? Offer free shipping for returns of online purchases?

Consider offering gift cards (plastic or e-cards), which can be a boon to your customers and you. Gift cards are very popular. According to Giftcards.com, 61% of people requested them as gifts last holiday season. You benefit by:

  • Receiving immediate cash flow. Check with your CPA about when to book the income.
  • Adding sales. The majority of people using gift cards typically spend more than the amount of the card.
  • Gaining new customers. Cards given by your existing customers to their family and friends bring new people your way.

3. Make hiring decisions

Be sure to have enough staff at holiday time to provide top service to customers. Allow sufficient time for training so seasonal workers can learn your merchandise and company policies. Keep minimum wage and overtime rules in mind.

4. Plan for company activities

Holiday parties, Secret Santas, and other team-building activities may not occur for months, but now is the time to plan. For example, if you’re going to hold a company party at a restaurant, book now.

5. Schedule holiday leave time

Whether or not your business is one that’s tied to the holidays (e.g., retailers), your staff may want time off to spend with family or to use up leave time before it expires at the end of the year. Scheduling ahead can ensure that your company is covered.

Conclusion

Before the leaves turn color and fall, think eggnog and presents. The longer you delay in making plans, the more stress and fewer options you’ll have.

Tags holiday activities holiday season retail holiday planning sales

Primary Sidebar

Categories

  • General Business (505)
  • Guest Blog (113)
  • Homepage (20)
  • Small Business (1,000)
  • SMB Financial (326)
  • SMB Legal (66)
  • SMB Taxes (326)

Barbara’s Recent Posts

  • Creating a Feng Shui Office Layout for Your Business June 20, 2025
  • Scaling Your Business by Optimizing Social Media Marketing June 19, 2025
  • The Timeless Value of Business Cards in a Digital World June 18, 2025
  • What Does the Latest IRS Data Book Tell Us? June 17, 2025
  • Business Advice from Famous Dads June 12, 2025
  • How Important Is Higher Education for Small Business Owners June 11, 2025
  • Business Planning in a Period of Uncertainty June 10, 2025
  • 9 Smart Financial Decisions for Business Owners in Retirement June 6, 2025
  • Preview of Tax Changes this Year: Actions to Take Now June 5, 2025
  • Becoming Penniless: What Does this Mean for Your Business? June 3, 2025
  • Scale Your Business by Stepping Up IP Protection May 29, 2025
  • Disasters Happen: It’s Important to Be Prepared Now May 27, 2025
Awarded Top 100 Small Business Blog medal (link will open in a new window or tab)
Marquis Who's Who 2023 Badge
Top Small Business Blogs (Link will open in a new window or tab.)
8 Financial blogs small business Owners Need to Read. Invoice home.  (link will open in a new window or tab)
Best Small Business Blog, Expertido.org
Top 50 Small Business Blogs 2018
Best Small Business Blogs
BizHumm Top 100 Business Blog Award to Barbara Weltman
FitsSmallBusiness.com: Award for Best Small Business Blog 2017 (link will open in a new window or tab)
FitsSmallBusiness.com: Award for Best Small Business Blog 2016 (link will open in a new window or tab)

Footer

Big Ideas for Small Business logo

Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

Contact Us

[email protected]

(772) 492-9593

gacor maxwin situs slot thailand terpercaya situs slot gacor situs gacor akun pro thailand slot bandar togel terpercaya

Latest Tweets

bigideas4sb Big Ideas for Small Business® @bigideas4sb ·
June 21

Become a Fiverr Affiliate | Fiverr Partnerships https://bit.ly/45a2lke

Reply on Twitter 1936530391491383802 Retweet on Twitter 1936530391491383802 Like on Twitter 1936530391491383802 Twitter 1936530391491383802
bigideas4sb Big Ideas for Small Business® @bigideas4sb ·
June 21

Disasters Happen: It's Important to Be Prepared Now #smallbusiness #hurricaneseason #disasters #preparedness https://bit.ly/3HbQWXc

Reply on Twitter 1936494430531293291 Retweet on Twitter 1936494430531293291 Like on Twitter 1936494430531293291 Twitter 1936494430531293291
bigideas4sb Big Ideas for Small Business® @bigideas4sb ·
June 21

What Does the Latest IRS Data Book Tell Us? - #smallbusiness #smallbiztaxes #IRSdata https://bit.ly/4kObxQj

Reply on Twitter 1936470710517457042 Retweet on Twitter 1936470710517457042 Like on Twitter 1936470710517457042 1 Twitter 1936470710517457042
Load More

Copyright © 2008–2025 Big Ideas for Small Business, Inc  |  Designed by Hudson Fusion

  • Privacy Policy
  • Sitemap