New Year’s Eve is one of the biggest party nights of the year and can be an extremely profitable time to host a restaurant event. You’ll want to start your promotions early and make sure there are plenty of specials and entertainment to draw in a crowd. Here are a few tips to make your New Year’s restaurant event profitable.
Many small business owners stress over holiday profits, but it’s important to enjoy the season for what it is; a time to appreciate what you have. Here are just a few tips to ensure your holiday season is enjoyable for you, your family and employees.
Brick and mortar retailers face an uphill battle when it comes to competing for holiday sales with online stores. “Holiday ecommerce sales were responsible for $126 billion in 2018 — a 16.5 percent increase from the $108.2 billion generated in 2017.” This makes it imperative that traditional retailers get creative with their holiday promotions.
Now is the time to get started. The holiday season is very important for small business owners. Many companies make the majority of their revenue during the fourth quarter and depend on the holidays to get them into the black. Developing strategies and marketing campaigns to maximize this time of year is essential with Small Business Saturday and the winter holidays holding so much significance.
Much like Black Friday and Cyber Monday, Small business Saturday is an annual holiday designed to encourage shoppers to start their holiday shopping locally. As a small business owner, you are no doubt aware of the impact Small business Saturday can have on your bottom line. The potential for revenue, marketing, and brand building during this event is tremendous if you are properly prepared. Here we've outlined 6 ways you can maximize your profits this year.