Governments frequently offer financial incentives to businesses that are generating economic impacts in their communities. These businesses are faced with the decision to seek outside professional assistance to secure and structure the incentive or attempt to negotiate their own incentive agreements. The do-it-yourself attitude can help keep overhead low by using existing resources. It can also lead to unforeseen complications caused by the complexity of government incentives and also in stretching staff resources thin during critical times of expansion.
Why put your expansion and government incentives at risk? Baker Tilly assists our clients in navigating the complex world of government incentives on their behalf, avoiding common pitfalls due to our deep experience, and allowing our clients to focus on mission-critical activities associated with their major expansions. Below are five common pitfalls when seeking government incentives:
There is too much at stake to fall into these common pitfalls. Discuss your project with Baker Tilly today.
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