If you are an entrepreneur in the United States, it is extremely likely that you are missing out on money or savings available to you in a government program. You built your company with your own wit and hard work, but what if you could expand its growth or protect your wealth with a little help from our government? Every day, Americore teaches more financial advisors which programs their clients could qualify for and how to apply. Let us work with your team.

Why Programs are Missed

Many of the programs most beneficial to successful business owners aren’t being fully utilized. Sometimes that is because financial advisors are unaware of the program’s advantages. At other times, an advisor helps to submit a program application unsuccessfully. Because they were unfamiliar with how the program works, their client was denied access to the program’s full rewards. Both parties give up on the program thinking they aren’t eligible to participate. Both parties could be mistaken.

We Study Programs for Your Benefit

Americore has made a career out of becoming thoroughly familiarity with many of those programs. We can assist with the application process because we understand what the requirements are, how the language of the application should be interpreted and what the process wants from candidates.

Adding Government Programs to Financial Planning

There are many programs designed to benefit small and mid-sized businesses. Unfortunately, the business owners these programs were created for often don’t know they are eligible. As a result, these programs don’t even enter into the financial planning thought process. For instance, you might think the R&D research grant money is only available to tech startups, but think again. If you could use funds to conduct research for a product upgrade, or to improve how a product can be used, you may qualify for funds to offset your R&D costs. Dennis Bays of Americore has learned over the years, it is not whether you should be eligible, but how well you complete the paperwork required. He can help you do that.

Just a Few More Government Programs We Can Help With

The US Department of Commerce sponsored Trade Adjustment Assistance for Firms (TAAF), to assist manufacturers affected by import competition. This programs offers up to $75K in federal match funding to help firms recover financially from import competition and general business decline. Another program, SBIR wants to help speed up the commercialization of clean technologies by helping firms who want to participate.

Employee Health Benefits

There is still a legitimate program that helps employers with employee healthcare benefits. Employers who are willing to utilize things like tele-healthcare and other new innovations, can get compensation. You pay for your employee benefits, but imagine getting paid to offer a mandatory benefit. It’s a win-win situation.

Every Business has Different Needs

We understand that not every program works for every business. Your business may not qualify for the R&D but you have an interest in a better approach to healthcare benefits. We should open a conversation. Once we talk about your business needs, I’m convinced you will be glad we talked. The savings opportunities alone will make the call worth your time and there’s no upfront cost to you.

Call our office at 747-224-8110 or contact us here. Tell your Americore representative what you’re looking for. Then we can tell you how we think we can help you make that happen.

Give Them a Cash Bonus

It may cost the most, but it is still the most effective straightforward employee incentive for motivation and morale.  44 percent of workers say they would quit their jobs to earn more money at another.  Cash incentives can persuade them instead, to stay through the holiday rush.

Extra Time Off – One Of Several Employee Incentives That Motivate

When workers pull overtime hours or an incredibly long shift, even more attractive than cash in hand might be time off their feet.  The employee incentive of additional time off after the holidays can make up for the crazy hours during the holidays. It at least lets them know you recognize the hardships they endured and appreciate them.  Some employers give an extra paid vacation day or two.  Others increase sick days or give more flex time. Of these, the most popular with workers is the flex time.  CNBC reports 72 percent of workers prefer a flexible work schedule over full time in-office work.

Throw a 100% Tax Deductible Party

Did you take your holiday party virtual in 2020 and then sort of left it out in 2021?  Here’s a thought:  Offsite Holiday parties are a great opportunity to help your team relax together and build a cohesive bond, and they are usually completely tax deductible for the employer prior to January 2023.  The food does need to be purchases from a qualifying restaurant, meaning a business that prepares and serves food and drinks for immediate consumption whether on or off-premises.  This is strictly limited to meals, not to entertainment venues.

If you are confused about when the 100 percent applies, you can find the details here or call Americore to learn more about where the savings are this holiday season.

New Equipment

There are programs that can help finance new equipment, and the productivity boost is not the only benefit you’ll enjoy.  Employees working through the holidays will be more enthusiastic about straining to reach goals with new efficient equipment.  Talk to your workers to find out what their concerns are before making the final decision.  They are on the machines, and could have valuable feedback to share.

Professional Development Opportunities

Offering workers employee incentives like the opportunity for professional development can help raise morale and motivation at work.  As a reward for working through the holidays, supply chain organizations, for instance, could offer choices of development paths.  Complimentary classes, training seminar attendance or the chance to temp in another department are various motivational options.

Recognition

There’s an old phrase, praise publicly and correct privately.  By recognizing a job well done, you raise at least one employee’s morale, and create a friendly competition that leads to better performance by others as well.  The praise can be on a Bulletin board, or “Wall of Fame” or announcement, a bonus, vacation day or material prize.

Benefits That Prove An Employer Cares

If your employees have a great attitude and are performing well this holiday season, let them know you appreciate it.  It doesn’t have to be as expensive as you think.  Ask Dennis Bays about how offering healthcare benefits can not only improve employee retention, but give you cash back too.

There are many ways to let your employees know you appreciate them.  They may add to productivity and morale, but some can also put cash in your pocket.  Contact us or call our Americore office at 747-224-8110 and learn which programs can save you money too.

One example of a fresh approach is employee health care.  Most employers want to provide it.  Employees want to receive it.  But many employers look at health care costs as a necessary expense that must be borne to retain talent.  What if you were paid to provide healthcare to your personnel?   Think of your savings!  Instead of footing that tremendous bill, you could actually benefit from your employees’ benefits.  It is being done, and all it took to utilize the savings opportunity was a fresh look from a unique financial advisory firm like Americore. 

There are some simple steps to prime you for real progress in 2021. Just a couple of simple steps can help prepare you to gain the perspective that will allow you to leapfrog over your prior progress.

Assess Yourself and Your Business Today

Before you can take advantage of these programs, it makes sense to start at the beginning.  Take a moment to assess where you and your business stand today.  Even if the electronic piles of to do items is building, it is essential to step back, and evaluate your situation, your lifestyle, progress made toward your retirement goals, etc.  Look at your approach to business.  Following the roller coaster year of 2020, think about risk laden situations.  How do you respond to them?   Put the financial assessment in writing.  This is your starting point.  It may help you throughout the journey to refer back to it and see how your viewpoint and financial wellness evolve.

Set Real Goals – Then up Them

People sometimes view retirement as vaguely someday.  Set hard dated goals for your retirement.  Treating retirement as a real specific goal makes you more likely to act in a manner that helps you reach those goals timely. So many people do enough to make ends meet.  Especially today, when making up for lost ground financially speaking, we need to do more.  Now multiply those goals by 5 or by 10.  Setting the aggressive goals can motivate you to make decisions that demolish obstacles between you and the retirement you envision.

Talk to a Professional

At Americore, we thrive, when you thrive. Our Blue Apple Consulting approach offers insights to programs and plans that you thought were only open to the giants.  Every program is a legitimate way to capitalize on what you are already doing.  Find out more about our strategies on cash flow, growth funding, rebates, incentives, telemedicine, wellness programs, employee retention and more. 

You made your assessment.  You set your goals.  Americore can help you find the right way to meet those goals.  Our unique perspective and expertise can unveil the “blue apple” programs that help you blast right past your goals.  In fact, we credit our fresh approach to those goals as the difference between surviving 2021 and thriving in 2021.  We should have a conversation.  You’ll be glad we did.