AMEX Rewards Can Now Buy Facebook Avertising

American Express announced this week that its cardmembers can now redeem rewards points for Facebook advertising. Each $6,750 spent can be redeemed for $50.00 worth of Facebook advertising.  Targeted at small business owners, this is the first time a major company has combined credit card rewards and social media advertising.  With 750 million members worldwide, advertising  your product/service on Facebook may be right for you.

Small Businesses Rank Start-Up Mistakes

The top four biggest mistakes  new small business owners make are:

*Understanding monthly expenses  (32%)

*Hiring the wrong people  (20%)

*Not knowing how to sell or market their products (18%)

*Not securing a large enough credit line  (18%)

 

This survey was conducted by Hiscox, an international insurance company.