top 4 financial detours for regulation relief in manufacturing

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Page 1: Top 4 Financial Detours for Regulation Relief In Manufacturing
Page 2: Top 4 Financial Detours for Regulation Relief In Manufacturing

1. State & Local Tax Incentives

Page 3: Top 4 Financial Detours for Regulation Relief In Manufacturing

State & Local Tax Incentives

Many Ohio manufacturers are eligible for a variety

of state and local tax incentives. Some of these

incentives include:

Page 4: Top 4 Financial Detours for Regulation Relief In Manufacturing

• The Ohio New Markets Tax Credit Program

State & Local Tax Incentives

Page 5: Top 4 Financial Detours for Regulation Relief In Manufacturing

• The Ohio New Markets Tax Credit Program

• The Research & Development Investment Tax Credit

State & Local Tax Incentives

Page 6: Top 4 Financial Detours for Regulation Relief In Manufacturing

• The Ohio New Markets Tax Credit Program

• The Research & Development Investment Tax Credit

• The Ohio Small Business Tax Deduction

State & Local Tax Incentives

Page 7: Top 4 Financial Detours for Regulation Relief In Manufacturing

2. Training Credits

& Grants

Page 8: Top 4 Financial Detours for Regulation Relief In Manufacturing

Training Credits & Grants

Examine how employee training can help you retain and grow your

employee base and help you put some money

back in to your pocket.

Page 9: Top 4 Financial Detours for Regulation Relief In Manufacturing

Ohio offers an Ohio Training Grant to eligible businesses, as well as the Ohio Incumbent Workforce

Training Voucher Program.

Training Credits & Grants

Page 10: Top 4 Financial Detours for Regulation Relief In Manufacturing

Ohio offers an Ohio Training Grant to eligible businesses, as well as the Ohio Incumbent Workforce

Training Voucher Program.

Eligible businesses can be reimbursed for up to 50

percent of eligible employee training expenses.

Page 11: Top 4 Financial Detours for Regulation Relief In Manufacturing

3. Embrace

Lean Six Sigma

Page 12: Top 4 Financial Detours for Regulation Relief In Manufacturing

Embrace Lean Six Sigma

Most large manufacturers are already familiar with

Lean Six Sigma. And many already incorporate

these tactics into their business functions.

Page 13: Top 4 Financial Detours for Regulation Relief In Manufacturing

Embrace Lean Six SigmaHowever, small- to medium-sized manufacturers may still be weighing the pros and cons

when it comes to implementing Lean Six Sigma practices into the business.

Page 14: Top 4 Financial Detours for Regulation Relief In Manufacturing

However, small- to medium-sized manufacturers may still be weighing the pros and cons

when it comes to implementing Lean Six Sigma practices into the business.

And large manufacturers could even go a step or

two further!

Page 15: Top 4 Financial Detours for Regulation Relief In Manufacturing

Embrace Lean Six Sigma

Implementing Lean Six Sigma principles into all

aspects of your company can help you identify areas for process improvements and help you save money.

Page 16: Top 4 Financial Detours for Regulation Relief In Manufacturing

Embrace Lean Six Sigma

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Page 17: Top 4 Financial Detours for Regulation Relief In Manufacturing

4. Work With

An Experienced Financial Advisor

Page 18: Top 4 Financial Detours for Regulation Relief In Manufacturing

Work With A Financial Advisor

A financial advisor with a record of success in the

manufacturing industry is best suited to lead your business

forward. Your advisor should be able to provide you with insight

and innovative strategies to encourage further growth.

Page 19: Top 4 Financial Detours for Regulation Relief In Manufacturing

Work With A Financial Advisor

Your financial advisor also knows which tax

incentives, credits and grants your company is

eligible to receive.

Page 20: Top 4 Financial Detours for Regulation Relief In Manufacturing

Don’t let the regulation

roadblock stall your company’s

growth and financial success.

Page 21: Top 4 Financial Detours for Regulation Relief In Manufacturing

Find Your Detourwww.reacpa.com/contact-us

And Take Control Of Your

Company’s Financial Future