The Right Business Initiatives
Contributed February 23, 2021
By Jo Gardner
There are many ways an Americore business consultant can help a business financially, from investment advice, to tax shelters, to guidance on the right business initiatives for your company’s growth. Sometimes access to the right business initiatives is the critical element behind an entrepreneur’s secret superpower. Enter Americore’s Blue Apple programs, a collection of rarely known, but safe to use business solutions. These initiatives not only build employee loyalty, but also improve employers’ cash flow and business standing. What makes initiatives especially effective at Americore is the experience and expertise to know when to apply which program to achieve business goals. Below are some examples of both regular and blue apple plans that benefitted employers and their firms.
Employee Healthcare and Retention
Jack (not his real name) owned a small online order fulfillment business. In 2020, Jack’s employees were extremely sensitive to healthcare and safety measures. He instituted mask and social distancing protocols immediately, but was concerned when workers expressed reluctance to come in to work. To offset worker’s concerns and encourage them to come in to fill orders, Americore introduced Jack to telemedicine. We combined telemedicine and a blue apple healthcare initiative that gives rebates to employers. Now Jack’s workforce not only felt safer but no longer needed to take a whole day off for doctor visits. Employees can now login to a session for real time medical care by licensed, qualified medical professionals. He was relieved of much of his burden of healthcare cost. Meanwhile, his business thrived with willing workers who felt Jack had heard their concerns. Employee retention is not just about payroll, but also healthcare and respect. Jack had answered his employees’ concerns.
Travel Reward Bonus Plans
Linda has a team of professionals who must travel for work. Once the lockdown was lifted, travel resumed. Unfortunately, with restricted revenues due to COVID-19, Jill needed a more cost effective way for her staff to travel. Americore was able to show Jill a plan that uses combined miles and travel expense of her team on one traveler account. This is a separate program from standard frequent flier plans and allows double travel awards when you fly. Jill had been leaving free miles on the table, but is now able to maximize awards to cut total flying expense. It is a small difference, but the savings made Linda’s bottom line more attractive in the post pandemic climate.
Employment Rebates
Max was in a bind. He needed to hire more skilled workers in order to expand. He knew his products are in demand, but there was a lag between the jump in revenues and that demand. When Max spoke to Americore, we guided Max toward an employee hiring program called the job growth grant fund. This fund offers rebates for employers willing to hire skilled labor at hourly wages that exceed minimum wage. Max could get a reimbursement of more than half the wages of his new hire. The reimbursement happened monthly. The regularity of the rebates improved cash flow fairly quickly and allowed Max to proceed with the expansion he needed.
Americore is more than a collection of programs. Our professionals consult on market, cash flow plans, business strategies, retirement planning and much more. We are able to guide businesses with their challenges to a fresh approach that takes them from productive to remarkable. Our approach is to work with your team, not to replace your team. Americore shows teams a new approach to challenges, and how to use that tactic for the firm’s benefit. Your team will flourish right along with the company, as you realize new avenues of revenue and cash flow. There are many ways Americore can help businesses thrive, and each starts with a conversation. Start your Americore conversation today at Contact, or call (747) 224-8110. You’ll be glad you did.