Profit Minded

Holiday sales, business credit, Hooters and Trader Joe’s: Small Business Reading

holidaycrowdsWe are in full flow for the holiday season now and retailers are hoping that consumers are going to be cracking open their wallets and pocketbooks. We just finished the biggest shopping weekend of the year and reports are mixed. It was clearly a huge success for online retailers with more sales than ever before. For example, here at Yahoo! Small Business we say an overall 8% increase in dollar sales volume from last year. But traditional retailers are reporting mixed results. Analysts suggest that we need the rest of the holiday shopping season to remain strong. With that in mind, here are four tips for upselling and cross-selling that hopefully will be helpful over the next month. We continue to hear that business credit is a serious issue for small businesses of all kinds (not just retail) and that access to credit is still very tough. So it's a good idea to maximize your opportunities by building good business credit. Finally - as a great example to us all, here's an interview with Kat Cole who went from Hooters waitress to running a $1 Billion business WITHOUT going to college.

If you haven't taken the plunge yet, hopefully some of these articles give you the impetus to start your own business — and if you do, we have tools to help. Besides our domain name, web hosting and ecommerce products, we also have just added an innovative marketing dashboard that you can try for free even if you don't use our other products.

Some other great small business articles from around the web this week.

The Trader Joe's story - building a brand one store at a time.

Could teaming up with other small businesses be the key to success?

Take ten minutes to boost your small business web marketing.

Four ways to beat a small business tax audit.

Have a great week, watch the bottom line and let us know in the comments if any of this was especially useful or if you have any advice you'd like to share. Follow us on Twitter and Facebook!

Loading...

Popular Blog Posts

Friend's Activity