Will Discuss His Proposals to Drive Small Business Development and Expansion

CHICAGO - Governor Pat Quinn today will address the annual meeting of the Small Business Advocacy Council and discuss his strong support for small business in Illinois. Governor Quinn's initiatives have helped small businesses start and expand in Illinois, and proposals he unveiled in his recent State of the State and Budget Addresses will continue to improve the state's small business environment. Today's event is part of Governor Quinn's agenda to create jobs and drive Illinois' economy forward by supporting small business in Illinois.

"Three out of four employers in Illinois are small businesses, and helping these companies start and grow is one of my top priorities," Governor Quinn said. "The number of people employed by Illinois small businesses has grown by more than 92,000 jobs the past three years to more than 4.1 million individuals. That's good news, but we have more work to do. That is why I am proposing a tax cut for businesses that train workers, and to cut the LLC fee by 90 percent to be the lowest in the nation."

Under Governor Quinn, small businesses across Illinois have helped drive our economic recovery. Illinois' tourism industry is breaking records - more than 100 million visitors for the first time ever and $33.5 billion in spending in local economies across the state. Illinois' film industry has also set new records, generating over $350 million in economic activity. In 2012, a new digital company was launched in Chicago every 24 hours.

Illinois was recently ranked third in the US for new corporate locations and expansions by Site Selection magazine. Since recovery from the recession began in January 2010, Illinois has added 257,000 private sector jobs. Unemployment was at 11.4 percent at the height of the Great Recession and today it is at its lowest point in almost five years.

To support Illinois small businesses, in 2011 Governor Quinn launched Advantage Illinois, which has provided more than $50 million in investment directly to small businesses, leveraging more than $420 million in private investments. The program has helped almost 200 small businesses create or retain more than 3,800 jobs.

As part of his fiscal year 2015 budget proposal, Governor Quinn proposed a Workforce Training Tax Cut that would make it easier for businesses to create new jobs and ensure workers will have the skills to drive a 21st century economy. It includes a tax cut to businesses for job training and would apply to new jobs that are created. This allows individuals to be trained for jobs that the business needs to fill, a situation that benefits employer and employee.

The Governor has also proposed reducing the fee to establish a Limited Liability Corporation (LLC) by more than 90 percent, from $500 to $39 - the lowest in the nation. Formation as an LLC encourages entrepreneurs to invest their time and money into viable business enterprises. Reducing the filing fee to $39 will make it easier for small business to start and grow in Illinois.

The Small Business Advocacy Council (SBAC) was established in 2010 and represents nearly 900 businesses in the Chicagoland area. The SBAC is a non-partisan, member driven organization that promotes the success of small business.

For more information on why Illinois is the right place for business, visit www.illinois.gov/dceo.

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Will demonstrate to neighbors tax relief provided under Fair Tax using Fair Tax Calculator at www.FairTaxCut.com and urge them to contact state legislators before May 1st deadline

 

Chicago, IL - At noon today, April 15th, just hours before the deadline for residents in Illinois to file their state tax returns, taxpayers will gather at local post offices in communities throughout Illinois to spread the word about the urgent need to enact the Fair Tax in Illinois.  Using the Fair Tax calculator at www.FairTaxCut.com, they will show their neighbors that they could have paid far less in taxes under a Fair Tax, and urge legislators in Springfield to put the Fair Tax on the ballot so voters can decide in November.

Right now, the Fair Tax - with lower rates for lower incomes and higher rates for higher incomes - is not allowed due to an antiquated provision of the Illinois Constitution from 1970. The Fair Tax - implemented with a rate structure proposed by the Fair Tax Act's chief sponsor, Sen. Don Harmon - would cut taxes for 94% of Illinois residents, including everyone making up to $205,000.  If state legislators pass the Fair Tax Act by May 1st, voters will be allowed to modernize the constitution in November with a Fair Tax.  The Fair Tax is supported by 77% of Illinois voters.

Armed with smartphones and iPads, volunteers standing in front of local post offices will be demonstrating the tax cuts offered under a Fair Tax.  They will be using the Fair Tax Calculator at www.FairTaxCut.com, which allows users to type in their household income and the number of persons in their household to calculate their tax cut (or tax increase if they make over $205,000).  They will also urge citizens to contact their legislators to pass the Fair Tax Act ahead of the May 1st deadline, which people can also do via the Fair Tax Cut website.

For months, the large and growing statewide coalition known as A Better Illinois has been advocating for a Fair Tax.  It has drawn support from every single legislative district - Republican and Democrat - including nearly 250,000 petition signatures, nearly 500 community and civic organizations, including both business and labor alike.

***Media interested in covering the event can RSVP to  neal@abetterillinois.org***

 

What: Local citizens demonstrating how large a tax cut people would get under a under a Fair Tax via www.FairTaxCut.com and urging citizens to contact legislators to pass the Fair Tax Act

 

Time & Date: Noon.  Tuesday, April 15th

 

Who: Local taxpayers

 

Locations

Downtown Chicago - Post Office at Federal Plaza (at Dearborn and Adams) 219 S. Dearborn, Chicago, IL 60604

Joliet - Post Office at 51 E. Cinton St, Joliet, IL 60432

Quad Cities - Post office at 2633 11th St, Rock Island, IL

Decatur - Post Office at 214 N Franklin St, Decatur, IL 62523

Metro East - Post Office at 120 W Washington, Belleville, IL 62220-9998

 

Visuals: creative signs, people using www.FairTaxCut.com on iPads & smartphones

 

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Legislation also balances individual and corporate ratio at 1:1, applying the same progressive formula for both individual and corporate taxpayers

Springfield, IL - Sen. Don Harmon (D-Oak Park) has moved forward new legislation tying a specific rate structure to his Fair Tax Act proposal, including a fixed rate structure that would provide a tax relief for 94% of Illinoisans, including everyone making up to $205,000. Filing of SB350 marks another key step forward for a Fair Tax, which would replace Illinois' antiquated, regressive flat tax with fairer rates, while maintaining adequate revenue to protect vital investments in education, health and human services, and public safety.

Harmon's bill also equalizes the individual and corporate tax ratio at 1:1, applying the same graduated formula to both corporations and individuals?a tax cut for all businesses currently paying the 7% flat rate. Under the proposed rate structure, with lower rates for lower incomes and higher rates for higher incomes, the median individual Illinois taxpayer earning $55,137 annually would receive a tax cut of $303.

Harmon said he was incredibly encouraged by the surge of support for putting a Fair Tax on the November ballot for citizens to decide following his introduction of a rate structure, and the addition of Rep. Christian Mitchell as chief sponsor on the House side.

"The introduction of a rate structure that offers tax relief for 94% of Illinoisans while preventing draconian cuts to vital services that would result from Illinois driving off the impending fiscal cliff has been an absolute game changer," said Harmon.  "People understand this is fundamentally all about fairness."

"Just as the statewide grassroots movement of citizens supporting a Fair Tax has been surging for months, my House colleagues are now taking a hard look at the choices in front of them and many see that this is a third way?a way to provide the services people need and to do so in a way that provides tax relief for 94% of Illinois families," added Mitchell.

Polling shows that 77% of voters support a Fair Tax, with lower rate for lower incomes and higher rates for higher incomes. Since its introduction in 2013, a large and growing statewide coalition has grown in favor of a Fair Tax, and news analysis over the weekend confirms its place at the top of the legislative agenda as Springfield considers budget options for FY2015.

"The choices available today are bad for Illinois families: to extend a regressive flat tax or to cut 13,400 teachers from the classroom, to take 95,000 kids off of early childhood education, to say 'no' to 30,000 college students wishing to get a MAP grant, to close 11 prisons and release 15,000 prisoners, to lay off 3,000 corrections officers, to cut the state police by 30%. The Fair Tax is the third way," said Sen. Harmon.

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Forget the 'Likes' - How to Market Effectively
Using Today's Facebook

3 Ways to Benefit from Paid Ads & Boosted Posts

It seems nothing changes faster than the big social media platforms -- Facebook, Twitter, Google+. No sooner do marketers figure out how to best promote a product or business than they change the rules!

That's been especially true for Facebook, which had to find new ways to make money after going public two years ago. Twitter has also been making changes since its IPO in November, but most of them - including a visual redesign, tagging people and uploading multiple photos - are geared toward user friendliness. Even Google+, owned by Google, which went public way back in 2004, is constantly tweaking.

But the tweaks bringing the most squeals of protest are those being made by Facebook. Basically, it has taken away users' ability to reach - for free - all or even most of the people they've worked so hard to attract to their pages.

So, do brands and businesses just abandon the platform and the audience there?

"No - they just have to change how you use Facebook," says Jonathan Sellers, a social media strategist at EMSI Public Relations, (www.emsincorporated.com).

"In the past, the goal was to get as many people to 'like' your page - or to 'friend' you if you were using a personal page for marketing purposes," he says. "Forget likes. Now, Facebook makes you pay to get people to like your page by charging you to promote your posts, and then it makes you pay again to get your posts in front of them. That seriously devalues the like!"

Only 5 to 10 percent of people following your business or brand pages - sometimes even less! - will see what you have to share if you don't pay for extra visibility via a "boosted post," he says.

"So the focus should shift from working to get people following your page to getting your content to your market."

Facebook's inexpensive ads and "boosted posts" actually offer some great benefits, he notes. Here are three he says we should be taking advantage of:

•  Flexibility. Facebook allows you to create ads and boost posts for any number of reasons.  For example, you can create content designed to drive people to your website; get them to engage with you; to sign up for an event; or even track visitors.

•  Targeting. Did you know that when you create an ad on Facebook, you can choose the specific types of people you want to see the ad?  Targeting on Facebook goes far beyond the traditional demographics of age, sex and location. You can target people based on their interests. Are you a sports bar owner in Miami who wants to attract Chicago Bears fans to watch the games at your place every week? Facebook makes it super easy for you to reach people who live in your ZIP code, who are over 21 and who love the Bears.

•  Reporting. Facebook offers very detailed reporting so you can rest assured that you will see exactly where your ad dollars are going.  There is a slight learning curve to figure out the best ways to utilize the data, but it's there for you.

"This experience should be a lesson to all of us that we cannot become too dependent on any single platform," Sellers says.

"They're all going to continuously evolve to find the best mix of optimal user experience and profit."

About Jonathan Sellers

Jonathan Sellers is a social media strategist at EMSI Public Relations, a social media marketing and national pay-for-performance PR firm. A graduate of the University of Tennessee-Chattanooga, Sellers specializes in online content marketing strategies, driving engagement through blogging best practices and use of multiple media formats including video, photos and graphics. He has managed online marketing initiatives for companies in a variety of industries, including health care and advertising.

Nearly Half of Us Believe We Overpay,
Says Veteran Investment Advisor

Whether you've filed for an extension on your taxes this year, or have waited until the last minute to complete paperwork, or want a better strategy for the future, chances are you could be doing a better job throughout the year to save on income taxes, says seasoned investment advisor Paul Taylor, a member of the National Ethics Bureau.

Forty-nine percent of Americans think they personally pay more than their fair share in taxes, according to 2013 Rasmussen reports.

"Come tax time, many of the other half could be doing more to legally and strategically save money," says Taylor, an architect-turned-founder and owner of Capital Advisory Group & Tax Planners of Lake Norman and Capital Investment Advisors, Inc, (www.CapitalAdvGroup.com).

He cites mistakes that many taxpayers are liable to make now and in future years.

• Not knowing which tax deductions are available. Tax reform measures are enacted frequently by Congress, which makes it hard for U.S. taxpayers to know which deductions are currently available for maximizing savings. One of the most overlooked deductions is state and local sales taxes. Taxpayers may be able to take deductions for student-loan interest, out-of-pocket charitable contributions, moving expenses to take a first job, the child care tax credit, new points on home refinancing, health insurance premiums, home mortgage interest, tax-preparation services and contributions to a traditional IRA.

• Misunderstanding deduction value for medical expenses. The Affordable Care Act has altered the guidelines for tax-deductible medical expenses. Effective Jan. 1, 2013, the new policy increased the threshold for the itemized deduction for unreimbursed medical expenses from 7.5 percent of adjusted gross income to 10 percent of adjusted gross income for regular tax purposes. The increase is waived for individuals age 65 and older for tax years 2013 through 2016.

• Confusing when taxes must be paid on IRA and employer-sponsored retirement funds. Traditional IRAs and most employer-sponsored retirement plans are tax-deferred accounts, which mean they are typically funded with pre-tax or tax-deductible dollars. As a result, taxes are not payable until funds are withdrawn. Exceptions are the Roth IRA and the Roth 401(k) and Roth 403(b). Roth accounts are funded with after-tax dollars. That's why qualified distributions - after age 59½ and the five-year holding requirement has been met - are free of federal income tax.

• Overlooking tax-advantaged investments. Tax-advantaged investments can include real estate partnerships, oil and gas partnerships and suitability, which refers to how appropriate an investment may or may not be to an investor. Two of the most common types of real estate partnerships, for example, are low-income housing and historic rehabilitation. The federal government grants tax credits to those who construct or rehabilitate low-income housing or who invest in the rehabilitation or preservation of historic structures.

• Uncertainty when accounting for gift taxes. The federal gift tax applies to gifts of property or money while the donor is living. The federal estate tax, on the other hand, applies to property conveyed to others, with the exception of a spouse, after a person's death. There are several exceptions to gift taxes, including gifts of tuition or medical expenses that you pay directly to a medical or educational institution for someone else, gifts to a spouse who is a U.S. citizen, gifts to a qualified charitable organization and gifts to a political organization.

About Paul Taylor

Paul Taylor is the founder and owner of Capital Advisory Group & Tax Planners of Lake Norman and Capital Investment Advisors, Inc. Taylor, a fully licensed investment advisor, has more than 20 years of experience in the industry and is committed to providing personalized service to those he serves. Since 2007, he has been a member of the National Ethics Bureau, which acknowledges individuals who prove they are committed to upholding the highest ethical standards in their practices.

Ideal Location at I-80 and US-65 in Altoona

(April 14, 2014)   New England Development announced its plans today to develop a 325,000 square foot outlet center in Altoona, Iowa at the intersection of I-80 and US-65. Featuring approximately 75 of some of the best brand names in retail, Des Moines Outlets will serve the Des Moines metropolitan area and beyond. With no other outlet center located within 80 miles, this new center will meet the region's need for brand names at outlet prices.

Des Moines Outlets will be an integral part of The Shoppes at Prairie Crossing, being developed by Heart of America Group. The site consists of 174 acres and over 1.4 million square feet of leasable space with plans for hotel, additional retail, office, and residential uses. This summer, Johnny's Italian Steakhouse will open on the development's eight-acre lake.

New England Development, one of the nation's premier real estate developers with a growing portfolio of outlet centers, expressed enthusiasm about the Des Moines market and this location in particular.  Douglass Karp, Executive Vice President of New England Development, commented, "The Des Moines market is well-known nationally for its dynamic growth and quality of life.  The Shoppes at Prairie Crossing provides an ideal opportunity for us to be part of this market in an exciting development at a terrific location."

The 32-acre Des Moines Outlets site, at exit 142 off of I-80, is at an established destination for shopping and entertainment and just six miles from downtown Des Moines.  The Shoppes at Prairie Crossing sits adjacent to Prairie Meadows Racetrack, Casino and Hotel, Adventureland Amusement Park, Bass Pro Shops, and the Facebook Data Center.  Currently, these established uses attract over 6 million visitors a year to the surrounding area and Des Moines Outlets will significantly add to these counts.

New England Development is in the initial stages of developing a plan to submit to town officials.  Mr. Karp commented, "We look forward to working with Altoona, the state, and the local community on this exciting project."  Mayor Skip Conkling calls this a "tremendous opportunity for the City of Altoona. Des Moines Outlets are the perfect complement to Altoona's growing entertainment, retail and hospitality industry. This project will draw visitors to our community from all over the Midwest."  "This is exactly the kind of project that fits the regional draw already established in Altoona and it will be a dynamic addition to the State of Iowa," stated Mike Whalen President and CEO of Heart of America Group.

New England Development

Founded by Chairman and Chief Executive Officer Stephen R. Karp in 1978, New England Development is one of the nation's premier real estate development and management companies, with nearly 50 million square feet of retail, commercial and residential space to its credit. Led by Steve Karp, together with principals Steven S. Fischman and Douglass E. Karp, New England Development has 35 years of retail development, leasing and management experience and is acclaimed for some of the country's most widely recognized and successful regional malls.  The firm is also known for its growing portfolio of outlet centers, in communities including West Palm Beach, Florida; Asheville, North Carolina; and Little Rock, Arkansas, and for developing mixed-use complexes featuring retail, residential, hotel and office uses; outlet centers; power centers; marinas; golf courses; resort and convention hotel properties; and even an entire planned community.

Heart of America Group

Heart of America Group, the independent hotel, restaurant, and retail space development company headquartered in Moline, Illinois has a thirty-six year of history developing, building, owning, and operating successful hotel and restaurant operations; a niche they've mastered.  Currently the company owns and operates 41 properties across six states that fall within nine well-known brands.  The Midwest-based company was founded in 1978 by Mike Whalen, President & CEO.

West Des Moines, Iowa, April 14th, 2014 - The Architect 401(k), LLC (The Architect), a leading retirement plan solution provider for employers wanting to outsource their fiduciary and administrative responsibilities of offering a 401(k) plan, has created an easy way to offer low-cost, high-efficiency retirement plan management by launching its new and enhanced website effective today.

The Architect Multiple Employer Plan (MEP) eases the burden for employers by becoming the Plan Sponsor and taking on full fiduciary responsibility, while managing all aspects of administration and operations. The result is a turn-key solution for employers to extend a quality retirement program for employees.

The Architect was created to help in designing, building and supporting the next generation of "Open" MEPs, built on an open-architecture platform to maximize flexibility and minimize expenses. The Architect's new website eases the administrative headaches of retirement plan management.

The new Architect website provides mobile-friendly on-demand tools. That means when days are filled with appointments, online access is available after normal business hours?saving time by doing business in real time. Greater assistance is delivered through streamlined access for Employers, Advisors and Participants to all account information. With just one click, they can access their account, get a quote, get a sample proposal or download a marketing brochure.

According to Steve Finnegan, Managing Partner, "The Architect's new website assists with the day-to-day operations of plan management as it relates to enrollments, notifications, administration and documentation?leaving more time for our clients and key employees to focus on the business at hand."

The Architect's "Open" MEP has been reducing risk, saving time, eliminating headaches and saving money for their clients for years?now their new website offers these same benefits. The Architect 401(k) is a collaborative effort between the Finway Group, a TPA; 401(k) Advisors, a 3(38) RIA and Aspire Financial, a technology-enabled recordkeeper and business process outsourcing provider.

The Architect is a single point of contact that eliminates confusion, enhances the retirement plan experience and delivers best-of-breed retirement plan solutions. The new Architect website makes it easier and faster to do business. http://www.thearchitect401k.com/.

About The Architect401k.com

The Architect 401(k) LLC was established for the sole purpose to help employers today walk through the many land mines of the 401(k) retirement plan industry. The Architect 401(k) MEP takes the fiduciary risk and responsibility of offering a turn-key 401(k) retirement plan for employers to provide a quality program to their employees without administrative burden or incurring unnecessary costs. To learn more, visit www.TheArchitect401k.com.

Debt Specialists Offer Entrepreneurial Remedy for Continuing Foreclosure Crisis
Experts Say Simple Strategy Can Help Families Keep Their Homes, Avert Proliferation of 'Zombie' Properties'

Despite the recovering economy, home foreclosures have not abated - in fact, they surged in January.

"There's a lot of distressed debt still being held by the big banks because they can't just dump it back into the market all at once; they have to  slowly release it," explains Dean Anastos, founder of Apollo Financial Group, (www.apollofinancialgrp.com).

"That means we're going to continue to see new foreclosure filings, families getting locked out of their homes, and 'zombie' foreclosures."

In January, 21 percent of all U.S. homes were in the foreclosure process, adds Ricky Brava, senior partner at Apollo, citing a recent RealtyTrac report.

"Of those, 152,000 were 'zombie' foreclosures - homes that were already vacant, resulting in declining, unmaintained eyesores," Brava says. "That creates serious problems for neighboring home values."

As for the families facing the loss of their homes, Anastos is especially sympathetic.

"I lost a property to foreclosure during the real estate crash," he says. "That's when I realized how much power the mortgage note holder has. If the banks don't want to negotiate, you're out of luck."

Anastos went to work learning the mortgage side of the real estate business and now specializes in helping families hold onto the American Dream while averting more "zombie" foreclosures.

"Basically, we buy distressed debt bank portfolios that aren't generating cash for the bank and work with the families in the homes to refinance at affordable rates," Brava says. "Because we buy the bank note for much less than its original value, we can provide the homeowner with reasonable loan terms in line with the true value of the home."

Anastos and Brava share these tips:

•  Purchase non-performing first and second lien bank notes: Non-performing bank notes are bank-originated loans that are no longer performing according to the terms they were written - they're not generating income. Look for promissory notes with an underlying mortgage or deed of trust that secures the loan by a collateralized property.

Second lien mortgage notes are riskier than first liens so they're sold for much less, however, buyers must make sure their investment is covered by the property's equity in case they need to resort to a short sale or foreclosure.

•  Do your due diligence! Before purchasing the note, conduct a thorough title search of the property to reveal any liens. Check with the county to ascertain what, if any, outstanding property taxes are due. Contact a local real estate agent to get an estimation of the property's as-is resale value. If you don't pay for a full Broker's Price Opinion, do arrange for photos of the property to be shot from the street.

•  Help the homeowner save his or her home. Most homeowners have some equity in their home and an emotional attachment to it. The shady dealings that created the housing bubble have made them unwitting victims who now cannot afford mortgages worth twice as much as their home. But because you purchased the lien at a discount, you can work out a loan modification that allows them to preserve their equity and remain in their home. When this happens, you've made a profitable investment that preserves the American Dream for one more family.

Unfortunately, not every homeowner is wiling or able to make payments even on a modified loan.

"We've found that, because the foreclosure process can take years, some people become accustomed to not making payments and they just don't want to start," Anastos says.

Unemployment and other serious problems can also affect the homeowner's ability to pay. In such cases, Anastos and Brava say, lien holders must act to protect their investment.

"You may have to foreclose or to arrange a short sale," Brava says. "These are two of the exit strategies you should consider and plan for when buying distressed debt."

About Dean Anastos and Ricky Brava

Dean Anastos is the founder of Apollo Financial Group, (www.apollofinancialgrp.com), and Ricky Brava is senior partner. Anastos is an entrepreneur with a background in real estate, computer programming and trading data communications equipment. Brava specializes in education, marketing and new business development, with an expertise in data-driven, long-term strategic planning. Both men have a strong interest in business opportunities that help resolve societal problems.

SPRINGFIELD - Governor Pat Quinn today issued the following statement about the Illinois House passage of House Bill 8, which provides job protection for working pregnant women:

"No woman should have to decide between keeping her job or keeping her baby. I commend Representative Mary Flowers for championing this bill and securing its passage in the House.

"The legislation requires employers to make reasonable accommodations for all working pregnant women, including part-time and full-time employees. These protections will ensure healthier women and babies, and a stronger workforce across our state.

"I urge the Senate to quickly pass this important bill."

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If you get spam emails, you've probably seen subject lines like this:

"Buy followers for cheap!"

"Look more legit - Twitter followers $2.99 per 1,000"

Boosting your following on social media for just a few bucks can be tempting. Popularity increases perceived value, so a large audience conveys clout and credibility. It's also an endorsement of you and your message by other individuals, businesses and entities using platforms such as Facebook and Twitter.

But paying for those followers can have the opposite effect. Cheap "followers" are often dummy accounts, overseas users (many businesses pay low-wage workers overseas to create fake accounts), and inactive accounts. And there are plenty of free online tools that can quickly tell you how much of an account's following is fake.

If you're a celebrity or politician, that can make for embarrassing headlines. If you're a business or individual trying to market yourself or build a brand, it can make you look downright untrustworthy.

On the biggest platforms, the money spent on followers will ultimately be wasted. Twitter and Facebook now routinely delete fake and inactive accounts. Those 40,000 Facebook "likes" you bought can disappear in a matter of days. And the sudden drop in numbers will alert any real followers you have that you've been artificially bulking up.

Fake followers also defeat the purpose of social media marketing: They're not real people who are going to spread your message and who might eventually do business with you. Their only value is in making it appear that you're popular.  Until you're not.

Don't succumb to the come-ons for cheap followers. Even if it's just a dollar, it's a dollar wasted - or worse.

If you've never bought followers, it's likely you have a few fakes and inactive accounts following you anyway. That's not your fault; they're out there and most people have some!

It's a good idea to periodically do some housecleaning and get rid of the accounts that aren't doing anything for you. Our in-house team of social media strategists at EMSI Public Relations shared their thoughts on how to do this for the largest platforms - Twitter and Facebook:

•  For Twitter, use free online tools to see what percentage of your followers are good accounts.
We use fakers.statuspeople.com to see what percentage of followers on an account is genuine, inactive or fake. If 80 percent or more of your following is good, you don't have to worry about appearing disreputable. And keep in mind, the tools that tell you how many fakes you have are neither foolproof nor entirely accurate.

That said, fake and inactive followers don't do you any good. Engaging users - having them respond to, retweet, favorite and "like" your content - is what helps create future customers.  Clean house by running your account through ManageFlitter.com.  This app identifies which of your followers are fake, among other details, and allows you to easily remove them.

•  Review those who have liked your Facebook page. Businesses, brands, artists and others using Facebook to interact for promotional purposes use pages specifically designated by Facebook for that purpose. People simply "like" your business page rather than submit a friend request as they do with personal pages. The number of likes you have indicates the number of followers you have. Again, since the value of the platform is getting people to engage by sharing and "liking" your content, it's better to have 500 engaged potential customers than 10,000 followers in India.

Review who's following you by going to the Admin Panel in the upper left-hand corner of your community page and clicking "see all likes." Go through the list - you may recognize names of regular customers or people who often "like" or comment on your content. Check the user profiles of the ones you don't know, or who look less than genuine, to decide if they're real people. The list gives you the option to remove anyone with the click of a button.

If you haven't purchased followers, cleaning house once in a while shouldn't be much of a chore.  Your reward will be having a higher percentage of engaged users who will actually help spread your message to other potential customers or clients.

About Marsha Friedman

Marsha Friedman is a 24-year veteran of the public relations industry. She is the CEO of EMSI Public Relations, a top public relations firm that provides PR and social media services to businesses, professional firms, entertainers and authors. Marsha is the author of Celebritize Yourself: The Three Step Method to Increase Your Visibility and Explode Your Business." Tune into her weekly Blog Talk Radio Show, EMSI's PR Insider every Thursday at 3 p.m. EST. Follow her on Twitter: @marshafriedman

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