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How Businesses Can Reduce Service Provider Costs
Date and Time
Thursday Jul 21, 2022
10:00 AM - 11:00 AM CDTThursday, July 21 | 10 – 11 a.m.
Location
Virtual Live
Fees/Admission
No cost
Contact Information
Illinois Small Business Development and International Trade Center College of Lake County (847) 543-2033
Send EmailHow Businesses Can Reduce Service Pro...Description
Several ideas will be presented on how mid-sized businesses can save money in these challenging times, through the reduction of service-provider pricing, tax incentives, and process improvements. Topics include: • Service provider analysis – industries that are over-priced and why; how to save costs on your own; identify unneeded services; benchmarking prices • Tax Incentives – defer taxes with accelerated depreciation; tax credit for manufacturing • Process Improvements – shipping improvement; earned wage access for keeping employees
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