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Monday, September 25, 2017

Tips for Buying Business Gifts

With the advent of the Internet, finding business gift ideas or unique business gifts got easier. Today, there is an endless array of business gifts online giving you more choice and control when it comes to gifts for promoting your company. When you set out to purchase business gifts you will have many different choices, but the important fact to remember is that your gift should not only be a method of promoting your business, it should also reflect well on your company.

 

According to recent statistics released by the American Express Semi-Annual Small Business Monitor, these are the most popular business gifts with companies today.

 

  l   Gift Cards & Calendars

  l   Company Branded Items

  l   Gift Baskets

  l   Flowers or Plants

 

Out of these gifts, the best type of business gift is that which will also promote your business. Therefore the logical choice for a business gift is high quality, company branded items.

 

Aside from promoting your business, there are several reasons to go with high quality, company branded products. Many companies and government agencies have policies against accepting gifts that have a high dollar value and if you are dealing with an international company, you may also have to consider cultural differences as well.

 

Here are some tips to help you get the most out of business gifts.

 

Always buy high quality business gifts. Remember, the gifts you choose to give from your company, will reflect on your business, so it is important that you only buy the highest quality gifts.

 

Think about a unique business gift for those very important clients. Most of the time a calendar or a cup with your company logo will work great, but if you have an extra important client you may want to find a unique business gift that will promote your company as well being a little more personal.

 

Consider the price of your gifts and the tax deductions that are allowed by the tax department. You will be able to deduct only $25 per person for each business gift you give. For this reason you may want to consider buying wholesale business gifts in quantity, so that you can stay within the dollar amount you will be allowed to use for a deduction.

 

Giving business gifts gives you a great opportunity to connect with and strengthen ties with your employees, and clients alike. Not only can business gifts promote your company, but giving business gifts will also help your business image as well. 

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