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Text Version   RSS   Subscribe   Unsubscribe  Archive   Media Kit   October 07, 2015

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5 finance tips all business owners should follow
Entrepreneur
Whether we like them or not, finances are a necessary part of running a small business. To get some insight on effective procedures that entrepreneurs can adopt to improve their own accounting practices, here's what LessAccounting founder Allan Branch had to say on this critically important subject.
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Biggest marketing challenges facing small businesses
Business 2 Community
Small businesses regularly face many challenges. As the business owner, you are tasked with hiring the right people, increasing sales, making payroll, filing taxes and providing quality customer service. Then there's marketing! You know you need to market your business to become or remain visible to your target audience. But like most small businesses, there are more pressing priorities of operating a business that demand your attention.
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How to build real relationships with customers on Twitter
Small Business Trends
So you've developed a strategy to target potential customers on Twitter — bravo! But that's just the beginning. Creating engaging content and developing relationships on Twitter are the next big hurdles. Average Twitter users follow at least five businesses, and 37 percent of users buy from the brands they follow. You can capitalize on these odds by building relationships on Twitter through smart, well-planned messaging.
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3 tips for planning a dynamite 2016 in your business
Forbes
It's October, which means it's time for you and your team to put together next year's plan. Ugh. At most companies, those words just drain the energy from the room. Preparing the annual plan is a painful ritual that eats up time and produces little. There’s usually fallout, too. When it's time to create the plan, the senior team goes to some offsite retreat for a couple of days. Everyone else is left to do the work — and to roll their eyes about what "planning" really means. Planning at open-book companies is a little different, and a whole lot more productive. There are three key points of distinction.
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How to deal with unreasonably picky clients
Entrepreneur
Good customer service dictates that business owners take the mentality of, "The customer is always right." In many cases, this type of thinking will help a business grow, since good customer service is crucial for winning repeat business. By always delivering top-notch service, a business owner earns long-term loyalty, as well as business referrals. Unfortunately, this approach doesn't work with every client. In some cases, business owners find they work hard to please customers, only to come up short on an ongoing basis. When that happens, it's important to have a plan in place to prevent the situation from escalating.
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.  PRODUCT SHOWCASE
Shoppers Buy 52 Times/Second

That's right - Every 52 seconds, shoppers buy a Little Debbie SKU. Are you getting a piece of that pie? 6 Little Debbie products are available to vending operators including the Double Decker Oatmeal Creme Pie, Nutty Bars, Zebra Cake, Fudge Brownie, Fudge Round and PB Creme Pie. Contact foodservice@mckee.com for samples and information on Fresh, FOA and Fit Pick Options.


Social media posting guidelines for business
Business 2 Community
Wouldn’t it sound weird if you said the same thing to every person you encountered throughout the day? Well, think of your social media posts in the same way. Each platform is different, and your posts should be too. Even if you're linking to the same content on your own website, each post on your various social media accounts should be tailored to succeed on that specific site in terms of tone and appearance. Here are some social media posting guidelines on Facebook, Twitter and LinkedIn.
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BEVERAGE NEWS


Global coffee shortage looms as market braces for climate change
Bloomberg
The coffee-drinking world needs another Brazil, the world's top grower and exporter of the beans, if it's to avoid a shortage. Rising consumption, especially in emerging markets, means global production will have to rise by an extra 40 million to 50 million bags of coffee in the next decade, said Andrea Illy, the chairman and chief executive officer of Illycafe SpA, a roaster based in Trieste, Italy. That's more than the entire crop of Brazil.
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Coffee: Keeping the world demand awake for centuries
Seeking Alpha
The modern world cannot imagine itself without coffee. More than 2 billion coffee cups are being consumed daily. Even though demand for this commodity is constantly growing in both developed and emerging markets, coffee has been one of the worst-performing commodities this year. Despite many changes to the way we perceive and consume coffee, it is still clear that it will stay with us for a long, long time.
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USAID announces support for African coffee sector on International Coffee Day
VendingMarketWatch
The U.S. Agency for International Development announced a $1.8 million partnership with Michigan State University to help the African Great Lakes region maintain its international position in the coffee market. Today, the first ever International Coffee Day, provides an opportunity to reflect on how the coffee in your cup is connected to the lives of smallholder farmers in low income countries around the world. This partnership launches the Feed the Future African Great Lakes Region Coffee Support Program that will help coffee farmers in Rwanda support their families.
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Could your morning coffee be the next step forward in sustainable energy?
Mashable
Coffee fuels the people and, to some extent, the economy. But why stop there? Arthur Kay was studying architecture at The Bartlett, UCL where he was set the challenge of designing a coffee shop and coffee roaster. During the process he, "quickly realized that coffee was being wasted everywhere. It was pouring out of coffee shops, office blocks, transport hubs and factories." Instead of seeing this waste as a challenge, Kay looked at it as an opportunity and discovered a way to refine the phenomenally high oil content in waste coffee grounds into biodiesel.
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Health benefits of tea? Here's what the evidence says
The New York Times
Nine prospective cohort studies, three retrospective cohort studies and four cross-sectional studies including more than 800,000 participants have looked at the association between tea and liver disease. Those who drank tea were less likely to have hepatocellular carcinoma, liver steatosis, liver cirrhosis and chronic liver disease. This confirmed the findings in a previous systematic review published in 2008.
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CORPORATE SOCIAL RESPONSIBILITY


Millennials more attuned to corporate social responsibility
MediaPost Communications
Millennials and people with children are more likely to invest in a company well-known for its corporate social responsibility programs compared to non-millennials and people without children. That's according to a national survey commissioned by Aflac to understand consumers' perceptions of corporate social responsibility programs.
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Impact investing and equity pledges: The new landscape of corporate responsibility
Forbes
When it comes to corporate philanthropy, this is more than just an exciting time. It’s an historic one. The movement to reimagine the social purpose of business is accelerating at lightning speed, spinning off a renaissance of entrepreneurship that’s exhilarating to behold. This wave of corporate creativity for good is transforming the relationship that businesses have with their communities and the possibilities for real change.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    6 tools you could be using to make your business better (Small Business Trends)
Common illegal marketing mistakes small businesses make (AllBusiness Experts)
Do you need a new website? 5 questions to ask (Business 2 Community)
2015 state of the coffee service industry report: Set sail for continued and steady growth (VendingMarketWatch)
9 healthy reasons to indulge your coffee cravings (The Huffington Post)

Don't be left behind. Click here to see what else you missed.

 
Keeping In Touch With NAMA
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