I am thankful that Black Friday and Cyber Monday are finally behind us! Frankly, I am already tired of all the belligerent commercialism that surrounds this holiday season. It is very important for all of us to turn our attention away from the deals and deeply discounted price sales strategies and focus on the real meaning of Christmas – giving back.
That is why #GivingTuesday is the perfect day to reflect on what is really important and use our energy to give back to those less fortunate. If your business hasn’t already done so, think about your holiday and end-of-year plans for giving and philanthropy. You have one month left in the year; now is the time to do it!
#GivingTuesday connects diverse groups of individuals, communities and organizations around the world for one common purpose: to celebrate and encourage giving. Believe it or not, in 2015 the #GivingTuesday organization raised $116,000,000 in online contributions in over 70 countries!
I would like to suggest that you consider supporting Americans that depend on local food pantries.
Click http://www.feedingamerica.org/about-us/about-feeding-america/why-feeding-america/ to find out more about their organization. But the whole point of the day is to have people be aware that there are so many great organizations – local, national and international – that need our support.
Most private businesses, at some point, will have profits to invest in equipment to help grow the company. The owners also must decide what excess profits to distribute. Perhaps an additional contribution to the 401 (k) plan, employee bonuses, and flow-through profits for S Corp owners? Since today kicks off the end-of-year charitable season, please designate some profits to give back.
For more information about #GivingTuesday, go to https://www.givingtuesday.org.
I help business owners put a solid succession plan in place in case something happens to them or their business partners. With that piece of mind, they can continue to reach for more and know their legacy will be intact. I provide balanced advice so management can understand the ramifications of different scenarios and can choose the right plan for their business.
Contact me to learn more about my succession planning and business continuity services.