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Case Study 2: 500-Employee Manufacturing Business
Client Profile The Challenge Despite strong growth, the company was struggling with rising healthcare premiums and high employee turnover. Leadership wanted to reinvest in expansion, but margin pressures left little room to maneuver. Our Approach The Results Total Impact: $5.16M in new savings annually Engagement Model We charged 30% of verified savings, totaling $1.55M. Net…
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Case Study 1: 500-Employee Medical Clinic
Client Profile The Challenge The clinic’s CFO knew they were leaving money on the table. Underpayments from insurers, outdated billing practices, and inefficient employee benefit structures were draining profitability. The leadership team needed a partner to uncover hidden revenue, but without disrupting patient care. Our Approach The Results Total Impact: $6.66M in new revenue and…
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The Top Section 125 Cafeteria Plan Providers
A summary of the top 5 Section 125 Cafeteria plans providers: 1. The Champ Plan The CHAMP Plan™ is a self-funded, personalized, clinical preventive healthcare program that has been designed to complement an organization’s primary healthcare insurance in such a way that it makes the organization’s healthcare coverage highly cost-effective and beneficial in terms of employee…
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ERC and Business Continuity During Uncertainty
The Value of Employee Retention Credit to Business Continuity During times of economic turbulence, maintaining business continuity becomes a vital aspect of organizational survival. A key tool in supporting this business continuity is the Employee Retention Credit (ERC). ERC, which is a refundable payroll tax credit, was designed to help businesses retain their workforce despite…
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ERC Helps Payroll Costs During Business Slowdowns
Utilizing the Employee Retention Credit to Offset Payroll Costs Understanding the Employee Retention Credit The Employee Retention Credit (ERC) was introduced in 2020. It is part of the CARES Act. The initiative aims at assisting businesses during the COVID-19 pandemic. The ERC is a fully refundable tax credit for employers equal to 50% of qualified…
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Boost Cash Flow With The ERC
Boost Cash Flow for Business with the Employee Retention Credit: A 2023 Perspective Understanding the Employee Retention Credit The ERC can offer a crucial financial lifeline for businesses,which will boost cash flow significantly. By providing a dollar-for-dollar reduction in tax liability, it can effectively offset payroll costs and potentially free up funds for other business…
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Employee Retention Credit=Refundable Tax Credit
Employee Retention Credit: A Comprehensive Guide The Employee Retention Credit (ERC) is a refundable tax credit that can significantly help businesses during challenging times. It is designed to encourage employers to keep employees on their payroll, even if they cannot afford to pay them due to the financial impact of certain crises. Let’s delve into…
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Keep Your Employee Team Intact!
How the ERC encourages employee retention Introduction: In recent years, the concept of employee retention has gained significant attention among businesses across various industries. Recognizing the value of retaining skilled and experienced workers, governments have implemented incentives to encourage companies to invest in their workforce. One such initiative is the Employment Retention Credit (ERC). This…
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Financial Relief In Tough Times with ERC
Introduction: The ongoing COVID-19 pandemic has wreaked havoc on global economies, leaving many individuals and businesses struggling to make ends meet. In response to this unprecedented crisis, governments worldwide have implemented various measures to provide financial relief to those in need. One such initiative is the Employee Retention Credit (ERC), a program introduced by the…
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How To Measure Sales Productivity
The average sales professional spends less than 30% of their time actually selling, according to LinkedIn. Why? Simple: Non-selling activities have entirely consumed their time. Fortunately, you have a few options for fixing the problem. You can firstly discover how to measure sales productivity. By doing this, you can see where your reps are wasting…
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Does A CPA For Small Business Help?
Do you need a CPA for Small Business? You, the business owner, you might ask, “Must I hire a CPA for small business?” This is because you don’t always need to hire a certified public accountant (CPA) for your small business. But it’s often a good idea because tax season can be difficult without the…
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