After Christmas Sales - Top Tips for the Small Business Owner

A lot of stores are counting on after Christmas sales to boost what was, for many, a weak retail season. You can read about the situation at USA Today.

In fact some blogs are posting guides on how to make the most of the after Christmas bargains such as this guide at MommySavers and this guide from Shop To It at washingtonpost.com.

One wildcard factor for this holiday season is the fact that more consumers than ever gave giftcards this holiday season. Gift cards are not actually counted as sales until they are redeemed by the consumer. According to CNNMoney.com, there's 60 billion dollars of unspent gift cards out there.

If our own household is any indication, gift cards were a major part of Christmas this year. For the first time that I can remember, every single person in my immediate family received at least one gift card as part of their Christmas.

What does all of this mean for you, the home business owner?

Here are three top tips for your home business:

1. Buy holiday-themed merchandise now. The best after Christmas bargains will be found on holiday-themed merchandise. Look for:

Christmas cards for clients and vendors
Christmas stationary
Christmas decorations
Other Christmas-themed bargains

2. Electronics. Some specialists are predicting that electronics such as computers and printers, will drop in price after Christmas. If your business will need to purchase these items in the next few months, now may be the best time to find a bargain.

3. Incentive items. You may also find bargains on items now to use as employee incentives and for promotions during the year.

An added bonus to buying items for business use before the end of 2007 - you may be able to deduct them as a business expense on your 2007 taxes. (Check with your accountant to make sure.)

What about you? Are you going to take advantage of the year-end bargains? Did you receive gift cards this year?

Leave a comment and let us know.

» After Christmas Sales - Top Tips for the Small Business Owner from sk-rt.com
Can your small business benefit from the after-Christmas sales? Here are three tips to help your business get the most from year-end sales. [Read More]

» Focus on Readers from WorkFromHomeMomma
What better way to start the New Year, but with a focus on the Work From Home Momma readers?

This post highlights some of the most popular posts of the past few weeks and also some of your comments.... [Read More]

Devoted to WAHMs -Work at Home Moms

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