Office Depot, Inc. Shares Tips for Small Business Success During the Holiday Season
November 01 2016 - 9:00AM
Business Wire
Cash Flow and Productivity Ranked as Top Small
and Mid-sized Business Concerns During the Holidays
Office Depot, Inc. (NASDAQ: ODP), a leading global provider
of office products, services, and solutions, through its
Office Depot and OfficeMax brands, released the results of its
latest Small Business Index which found that the primary holiday
season concerns for small and mid-sized business owners (SMBs) are
cash flow (32 percent) and productivity (23 percent). The Index
also revealed that nearly one-in-three SMBs (30 percent) indicated
they could benefit from hiring temporary employees during the
holidays.
“Almost one-quarter of small business owners are concerned with
productivity during the hectic holiday season,” said Christine
Nessen, senior director of contract marketing for Office Depot,
Inc. “At Office Depot, we understand the needs of small business
owners, and strive to provide all the necessary business solutions,
products and services, that can help small businesses stay
organized, productive and on-task.”
To finish the year on a strong note, Nessen suggests SMBs should
develop an end-of-year strategy to maintain momentum, such as
hiring extra seasonal staff.
Of the SMBs that say they could benefit from extra seasonal
help, 87 percent plan to hire temporary employees, with the
majority (37 percent) planning to hire six to 10 seasonal
workers.
“Building a strategy helps owners plan for business changes –
such as business influxes and hiring needs – to stay on track
during the busy holiday season,” said Nessen. “In addition,
maintaining momentum helps meet end-of-year sales goals, deadlines
and successfully plan for the next year, which 18 percent of SMBs
list as a concern.”
Taking time off to recharge is also critical so that small
business owners don’t burn out during the hectic holiday season.
Only one-in-four SMBs (27 percent) plan to work during the
holidays, which shows that a majority of small business owners
understand the benefit of taking a step back to reorganize
schedules and prioritize family time.
Small business owners can better enjoy the holiday season using
these tips:
- Develop a plan prior to the start of
the holiday season to ensure tasks are completed and business
operations stay on schedule.
- Hire seasonal staff to help with
increased business needs and to allow for full-time employees to
take time off during the holidays.
- Take time to unplug from work and spend
quality time with family and friends.
Small business owners need to be nimble and resourceful –
especially during the holiday season. To assist SMBs as a key
business partner, Office Depot and OfficeMax offer the following
resources:
- Print & Tech Services –
Onsite tech repair and quality custom printing services for all SMB
needs.
- One-Hour In-Store Pick-Up for Online
Orders1 – Time is precious for every small business
owner, and this service maximizes time.
- Free Delivery – A competitive
necessity for any small business in order to get the right gear
while keeping costs down (for qualifying $35 online orders within
our local delivery areas).
To learn more about small business resources, products and
services please visit Office Depot’s Business Solutions Center.
Survey Methodology/Sample Qualifications
Interviews are conducted via the Internet among a nationally
representative sample of small and medium-sized businesses. The
Quarter 3 wave of interviewing was conducted from July 15, 2016 to
September 30, 2016 among a total of 2,858 small and medium-sized
businesses. Interviewing will be conducted on a monthly basis in
order to track shifts that occur over time.
About Office Depot, Inc.
Office Depot, Inc. is a leading global provider of products,
services, and solutions for every workplace – whether your
workplace is an office, home, school or car.
Office Depot, Inc. is a resource and a catalyst to help
customers work better. We are a single source for everything
customers need to be more productive, including the latest
technology, core office supplies, print and document services,
business services, facilities products, furniture, and school
essentials.
The company has annual sales of approximately $14 billion,
employs approximately 49,000 associates, and serves consumers and
businesses in 59 countries with approximately 1,800 retail stores,
award-winning e-commerce sites and a dedicated business-to-business
sales organization – all delivered through a global network of
wholly owned operations, franchisees, licensees and alliance
partners. The company operates under several banner brands
including Office Depot, OfficeMax, Grand & Toy, and Viking. The
company’s portfolio of exclusive product brands include TUL, Foray,
Brenton Studio, Ativa, WorkPro, Realspace and HighMark.
Office Depot, Inc.’s common stock is listed on the NASDAQ Global
Select Market under the symbol ODP. Additional press information
can be found at: http://news.officedepot.com.
1 Orders must be placed 2 hours before store closing time. Copy
and Print Services will vary and are subject to the terms of
each order disclosed at checkout. Visit officedepot.com/pickup for
details.
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version on businesswire.com: http://www.businesswire.com/news/home/20161101005916/en/
Office Depot, Inc.Sarah England,
561-438-1448sarah.england@officedepot.com
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