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  • Casual Articles - A Business Gift For Your Corporate Client -- Yes Or No?

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    t the association's guidelines to give anything other than a nominal business gifts to clients. A nominal gift may be something like a coffee mug, a pen, a desktop busi
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    A few years ago I was working as an insurance broker selling car insurance. There was one person that kept sending me referrals. Dozens of business referrals and sales leads every month. I made a lot of money off of these referrals. I wanted to buy this person a gift as a thankful gesture. I went out and bought an expensive bottle of wine. Just before I was to give this person the gift, I was discussing it with my boss. I told him that I had bought the bottle of wine for this person as a business gift. My boss stopped me right in my tracks. I was not allowed to give the bottle of wine as a gift.

    It turns out that as a licensed insurance broker, it was against the association's guidelines to give anything other than a nominal business gifts to clients. A nominal gift may be something like a coffee mug, a pen, a desktop busi

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    leads every month. I made a lot of money off of these referrals. I wanted to buy this person a gift as a thankful gesture. I went out and bought an expensive bottle of wine. Just before I was to give this person the gift, I was discussing it with my boss. I told him that I had bought the bottle of wine for this person as a business gift. My boss stopped me right in my tracks. I was not allowed to give the bottle of wine as a gift.

    It turns out that as a licensed insurance broker, it was against the association's guidelines to give anything other than a nominal business gifts to clients. A nominal gift may be something like a coffee mug, a pen, a desktop busi

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    wine. Just before I was to give this person the gift, I was discussing it with my boss. I told him that I had bought the bottle of wine for this person as a business gift. My boss stopped me right in my tracks. I was not allowed to give the bottle of wine as a gift.

    It turns out that as a licensed insurance broker, it was against the association's guidelines to give anything other than a nominal business gifts to clients. A nominal gift may be something like a coffee mug, a pen, a desktop busi

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    ft. My boss stopped me right in my tracks. I was not allowed to give the bottle of wine as a gift.

    It turns out that as a licensed insurance broker, it was against the association's guidelines to give anything other than a nominal business gifts to clients. A nominal gift may be something like a coffee mug, a pen, a desktop busi

    Should You Write Your Own Business Plan?
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    t the association's guidelines to give anything other than a nominal business gifts to clients. A nominal gift may be something like a coffee mug, a pen, a desktop business card holder, and so on. Anything more could be misinterpreted as a kick-back. A kick-back is often seen as inappropriate and portrays an image of favoritism. You hear media stories of this all the time in politics. It doesn’t leave a good impression.

    An insurance broker that gives anything more than a nominal gift could have his broker's license revoked by the broker's association. So I could not give my gift of a bottle of wine to this person.

    Is giving a business gift to your corporate client appropriate? Yes or no?

    Even though it may be a good business networking tactic, it may not always be appropriate.

    Not all salespeople belong t

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