Late summer and early fall, when so many families have members returning to educational facilities of all shapes and sizes. It is also a good time for businesses to creatively step up their business development efforts. This includes launching new marketing spend initiatives, developing future employees or simply generating goodwill in the community. Here are a few business community examples that might inspire you.
A real estate agency sponsors a local middle school’s parent-teacher organization (PTO). The sponsorship includes ads in the school’s weekly e-newsletter and in welcome packets for new PTO members. Individual agents in the group also conduct monthly gift card drawings for parents and teachers who follow them on Facebook.
The agency hopes parents and teachers will remember its agents’ names and faces when they’re ready to buy or sell their homes.
An engineering firm donates old computers and printers to an elementary school that serves economically disadvantaged students. The equipment will be used in the school district’s K-12 program to get kids interested in careers in science, technology, engineering and math (STEM) disciplines.
At back-to-school time, a firm rep gives presentations at the schools and hands out literature. Then, in the spring, the company will mentor a select group of high school seniors who are planning to pursue engineering degrees in college.
Participating in STEM programs fosters business charity donations and goodwill. It can also pay back over the long run: When the firm’s HR department is looking for skilled talent, kids who benefited from the firm’s STEM efforts may return as loyal, full-time employees.
BONUS: Be sure to check out our article on tax deductions for charitable donations!
The back-to-school season motivates a high-tech manufacturer to partner with a vocational program at the local community college. Such a partnership offers registered apprenticeships through a state apprenticeship agency. In exchange for working for the manufacturer, students will receive college credits, on-the-job training and weekly paychecks. Their hourly wages will increase as they demonstrate proficiency.
The company hopes to hire at least some of these apprentices to fill full-time positions in the coming year or two.
Are schools near you already in session or will opening soon? If so, it’s not too late to think about how your business can benefit. Sit down with your management team and brainstorm ways to leverage relationships with local schools to boost revenues, give back to your community and add long-term value. Contact our Chicago accounting company today for a free consultation. We can provide other business community ideas and help you assess return on investment.