Small Business Tax Deduction Strategies: 10 tips on Section 179, home office write-offs for the self-employed, tax deductions for vehicles, rental depreciation, real estate capital gains and more!.

Social networking: Time for your business to jump in?

If you’re still grumbling about joining Facebook, LinkedIn or Twitter, know this: Social networks are good for business.

“It’s very well documented that businesses that focus on marketing during tough financial times can actually improve,” says Karen Quintos, a vice president at Dell.

The web is the fastest-growing way to reach large numbers of customers, and Facebook is one of the easiest applications on the web for self-branding and marketing.

Example:
Wiggly Wigglers, a garden supply company in England that won last year’s Global Small Business Excellence Award, uses social media, including a Facebook page and a weekly podcast, to reach gardening fanatics worldwide. 

—Adapted from “Can Facebook Help Your Business?” Nichole Nichols, Pink, www.pinkmagazine.com.

 



Small Business Tax Deduction Strategies: 10 tips on Section 179, home office write-offs for the self-employed, tax deductions for vehicles, rental depreciation, real estate capital gains and more!.


1 Response to "Social networking: Time for your business to jump in?"

 
Ian Hendry
said this on 04 Jun 2009 2:59:31 AM EST
Social networks can help your business, but you need to spend your time on the right ones. My six top tips are:

- Social media is an opportunity to ENGAGE with customers, not just generate traffic
- Have a strategy – are you trying to win new customers or better serve existing ones?
- Choose your networks carefully – go where your customers are and want to engage
- Make your activity appeal to the needs and interests of your audience, not a stream of ego-drivel and self promotion
- Participate and learn from what you are reading rather than just broadcast
- Don’t let opportunities, expressions of interest or stated needs slip by

Ian Hendry
CEO, WeCanDo.BIZ
http://www.wecando.biz




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