A review of business expenses will often result in money saved. What expenses are you getting high value for? And which expenses can be reviewed and assessed? It’s time to evaluate and say ‘out with the old, and in with the new’.
One major business expense to review regularly are Employee Benefits. These benefits are typically 2-4% of payroll and reviewing these benefits can result in sizeable savings. Recently we saved a construction company 20% on their rates through our exclusive wholesale rates. For another construction supplier firm, we saved them 14% on their employee benefit expenses. In one exceptional case, we saved a client 36% on their rates! Imagine their surprise when they learned they would save 36% on their rates. It was definitely worth their time to investigate.
When you want to review your employee benefit plan please connect with us. Many of our clients were pleasantly surprised how quick and easy this review was. Because they, like you, want to get high value for their dollars, they connected with us.