This Friday’s Micro Business Roundup features stories that grabbed our attention this week,
including what happens to your retirement fund when you’re a small business owner or employee, how customer research can be affordable and an attempt at figuring out if payroll tax cuts will actually help your business. We also highlight sweet trends and a sweet deal…
SMALL BIZ EMPLOYEES WANNA RETIRE, TOO -Whether it’s traveling, enjoying time with friends and family, or just spending unlimited hours of free time doing, well, whatever you want, we’ve all envisioned our retirement. But what does retirement really look like for a small business owner and his or her employees? Turns out, the real question is, does retirement even exist? As a recent Business Opportunities piece points out, not only do most small business owners neglect to set aside funds for their own retirement, their employees are often overlooked, too. In fact, “only 10% of small businesses offer some type of retirement plan.” Not surprisingly, those surveyed chalked the lack of a program up to cost, and the small size of their business. Our biggest takeaway from the piece, though, is what happens when a retirement plan is in place. Of business owners surveyed, “78 percent…say having a retirement plan is effective in helping to attract qualified employees.” We’re curious: Do you think having a plan in place is beneficial for new hire quality?
AMERICAN EXPRESS OFFERS EVEN MORE ENCOURAGEMENT TO SHOP AT SMALL BUSINESSES THIS HOLIDAY SEASON -Small Business Saturday is getting a bit of an extension. Thanks to the program’s success, American Express is now offering a “Spend $10, Get $10” offer through foursquare. The limited-time deal promotes foursquare, but also encourages shoppers to stick with small businesses for their holiday gifting. Are you going to check-in to this deal?
10 FOOD BUSINESS TRENDS TO WATCH FOR 2012 -A recent article in Small Business Trends takes a look at what 2012 has in store for food-based businesses. A few of next year’s most drool-worthy trends include customized potato everything (fried or mashed); 24-hour-a-day breakfast, a trend that has some restaurants serving waffle sandwiches and eggs way past noon; and the reinvention of comfort food, which, according to the piece, means “…Smart chefs are putting new twists on old formats, like pizzas, wraps and sandwiches, or using exotic ingredients in familiar foods.”
FIVE AFFORDABLE CONSUMER RESEARCH TOOLS -Sure, prior to expanding your business, consumer research can be really important, but it can also be crazy-expensive! As entrepreneur.com’s Susan Gunelius points out, typically, when it came to research, it wasn’t a low-cost process: “Not only did you have to hire a company to conduct surveys, but you also had to pay to get the results tabulated and presented in interpretive reports you could use to make decisions,” she writes. Luckily, there’s now a handy list of the top five most reasonably priced research tools out there that can help keep your wallet happy, and your biz booming. Does this change your mind about researching your next big business move?
WILL PAYROLL TAX CUTS REALLY HELP YOUR BUSINESS? -This article poses a good question…and one that we’d be willing to bet more than a few of you have, or are, contemplating right now. This piece is worth a read because it not only decodes what, exactly, is going on in Congress regarding the tax cut debate, but it also explores how it might (or might not) impact you and your small business.
Photo by: ralph and jenny
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