Find The Workers You Need

 7.5 million Americans lost their extended unemployment benefits in September. The question remains, how will this impact the labor shortage plaguing the majority of small businesses? Fortunately, we don't have to wait to find out. Twenty-two states have ended their employment benefits early, and the numbers are in. 

Let's start with the bad news, in these twenty-two states, consumer spending dropped. This is bad for local businesses and couldn't come at a worse time. A new research paper from Harvard University found that these twenty-two states experienced an average of 20% decrease in week-over-week consumer spending, compared to states that kept benefits in place. 

Eliminated Benefits will mean millions of Americans will finally be available to work. Right?

You wouldn't be alone in this thought process. Although, the data from this study shows that only 4.4% more workers in those early-out states gained employment compared to their colleagues in states that kept benefits in place. For every eight workers that lost benefits in the early out states, only one went on to gain employment. 

What does this mean for my business?

Well, for starters, it means weathering the storm a little longer. Even though 7.5 million Americans lose a significant portion of income, we shouldn't expect a flood of applicants after September 6th. Potential employees re-entering the workforce are demanding more than ever before, and small businesses often find themselves unable to keep up.  

It also means being prepared to weather a potential decrease in income due to consumer spending declines (approximately 20%). 

What can be done?

Fortunately, Congress has released and/or renewed many programs to offset the catastrophic effects Covid-19 is having on small businesses. 

All employers qualify for up to $26,000 per employee of emergency relief even if their business took advantage of the PPP program or other emergency relief programs.

In partnership with Larry G Potter, Growth Management Group has developed software to help businesses find out precisely what emergency relief they qualify for and quickly get the money into their hands, helping businesses all across America.

 

Get the help your business needs! Up to $5,000 for Every Employee You had 2017-2020 Up to $21,000 for Every Employee You have in 2021 Up to $2,400 for Every Employee You hire Up to $150,000 for Every Commercial Building You Own See What Your Business Qualifies For Now

Corporate Loans

 

A recent article by OEDC pointed out that 90% of small businesses have and continue to struggle as a result of COVID-19 and ongoing associated impacts – and that those businesses have entertained or sought economic relief via financing of some type.  

However, that financing simply hasn’t materialized.  More and more banks and non bank lending facilities have and continue to leave the corporate loan market, while those that remain have heightened their criteria to such a level that virtually no struggling business (the ones that actually need it) can qualify.

Not only have we not fallen victim to this trend within the market – our lending capacity, options and success rate keeps exploding. Simply put, we can do what NOBODY else can.  The people you’re talking to want this and need this and we have NO competition.

Critical topics to be discussed on the call:

• Largest lending network in existence
• Proprietary loan types
• Proprietary loan rates
• Traditional loan types
• Traditional loan rates that average 80% better than traditional banks
• Creative and unique terms
• Expansive and unique loan types / products
• MUCH MUCH MORE !!!

BusinessRefund.com

Manufacturing Incentives (R&D Tax Credit)

The Manufacturing Incentives benefit is a Federal program designed for companies that perform

manufacturing in the U.S. This program is listed under Section 41 of the IRC (Internal Revenue Code)

and continues to be amended on an annual basis as the U.S. manufacturing landscape continues to

evolve. This is an engineered based program that focuses on a company’s operations and processes

in order to determine their qualification for incentives. The Manufacturing Incentives benefit provides 

an avenue to receive ‘tax money’ back from prior years while also reducing current taxable income on a

dollar-for-dollar basis.

Increased benefits are available for companies that are involved in:

* Farming

• Developing and improving quality and cost efficient solutions and processes

• Quality assurance and testing

• Engineering and design

• Manufacturing

• Prototyping or modeling

• Process improvement resulting in better productivity and turn around cycle

• Specialized assembly processes using technology

• Developing tooling applications and solutions

• Product development and improvement

What are business owners searching for?

Business owners are a simple bunch. They want to know how to make more money, cut costs of doing business, avoid taxes, avoid expensive lawsuits, find new opportunities to do business and find inexpensive ways to fund business growth. They want the details and solutions to their unique problems.

What cost remediation benefits are available for US startups?

Cost remediation is the process by which we seek to reduce, refine or recapture operational costs and/or engage in tax mitigation on behalf of a business owner.  Our services are initiated on a no cost, no obligation basis wherein we review key aspects of the businesses line item expenses and determine what opportunities exist to refine said expenses as well as to determine what tax mitigation or benefits they may qualify for.  Through this process we are able to forecast what the benefits will be should the business decide to engage us for our services.  

Should they choose not to, there was no cost nor is there any obligation to them of any type.  

Additionally, it must be understood that under no circumstances do we serve as a vendor or change their current vendors, we simply audit those relationships and or general operating costs and identify avenues (and facilitate same) through which monies may be recaptured and/or refined on a go forward basis.  As such, over the past 18 years we have never experienced a client complaint as there exists no opportunity for them to have a negative experience in that we are not paid unless and or until we are successful in realizing the benefit to the client.  

Our clients range from small privately held businesses to many Fortune 500 entities, as well as various unions, municipalities and even entire states that use certain of our platforms. 

Now is the time to see what your company is entitled to via BusinessRefund.com

ERC

ERC

Nearly three-quarters of U.S. small business owners said the recent rise in Covid-19 cases has negatively affected their revenue,...

 ...according to a survey by Goldman Sachs, and that generating enough revenue is the biggest post-pandemic challenge facing them now. There is relief right at their fingertips though, and it only involves answering 3 simple questions and then activating their ERC benefits of $26,000 per employee that they had in 2021. Where? Simple: via Erc4Business.com. They can view their amount and actually activate it immediately from the site.