Profit Recovery Solutions

Titan Business Advisors offers comprehensive Profit Recovery Solutions

Designed to maximize your business’s profitability and efficiency. Our services include:

Business Assessment

Using our proprietary tool, PULSE, we conduct a thorough evaluation of your business. This assessment covers multiple critical aspects to ensure a holistic view of your business’s health and potential.

Profitability Analysis

We evaluate your profit margins, cost structures, and pricing strategies to identify areas where you can increase profitability.

Operational Efficiency

We examine your operational processes, systems, and workflows to uncover inefficiencies and recommend improvements for smoother operations.

Financial Health

A detailed review of your financial statements, cash flow, and financial strategies to ensure robust financial health and sustainability.
Two business colleagues having a discussion in an office setting.
A close-up image of a mechanical watch with intricate gears, where the word "PROFIT" is prominently displayed on the face, representing time and profit as interconnected concepts.

Leveraging Resources and Talent

We assess how effectively your business utilizes its resources, including human capital, to maximize productivity and growth. This includes evaluating talent management, employee performance, and communication strategies.

Sales and Revenue Growth Strategies

We analyze your current sales strategies and revenue streams, providing insights and recommendations to boost sales and drive revenue growth.

Process Optimization

An in-depth look at your business processes to streamline operations, reduce waste, and enhance overall efficiency.

Systems and Technology

Evaluation of your current systems and technology infrastructure to ensure they support your business goals and drive operational excellence.

Business Goals Alignment

We review your short-term and long-term business goals, ensuring that all strategies and processes align with achieving these objectives.

Cost Segregation Studies

Our cost segregation studies are a tax strategy used by real estate investors and businesses to accelerate depreciation deductions for certain components of a commercial property. The goal of cost segregation is to identify and reclassify the costs associated with building assets in a way that allows for faster depreciation, thereby reducing current income tax liability and improving cash flow.

Typically, businesses depreciate deductions over 39 years. With cost segregation, the deductions are accelerated over a 5-to-10-year period. This strategy can significantly enhance cash flow by allowing you to defer taxes and reinvest the savings into your business.

Credit Card Processing Services

We offer solutions to optimize your credit card processing, reducing fees and improving transaction efficiency. Our expert analysis and tailored recommendations help you select the best processing options, ensuring you save money and streamline operations.

Identifying R&D, SALT Tax Credits, and Work Opportunity Tax Credits.

Titan Business Advisors specializes in uncovering valuable tax credits for businesses. Our team identifies potential R&D (Research and Development) and SALT (State and Local Tax) credits that your business may qualify for, providing substantial savings. We assist with the application process and ensure you maximize these benefits.

R&D Tax Credits: The Research and Development (R&D) tax credit is a powerful incentive designed to encourage businesses to invest in innovation and technological advancements. Many activities that businesses undertake may qualify for R&D tax credits, potentially leading to significant tax savings.

Potential Qualifications for R&D Tax Credits, SALT Tax Credits, and Work Opportunity Tax Credit

Development of New or Improved Products

Creating new products or significantly enhancing existing ones may qualify for R&D tax credits. This includes improving performance, functionality, quality, or reliability.

Process Development and Improvement

Developing new manufacturing processes or improving existing ones may qualify for R&D tax credits. This includes optimizing production techniques, increasing efficiency, and reducing costs.

Software Development

Developing or improving software solutions for internal use or for sale may be eligible for R&D tax credits. This includes advancements in coding, system architecture, and software integration.

Prototyping and Experimentation

Creating prototypes, models, or simulations for testing and experimentation purposes may qualify for R&D tax credits.

Technological Research

Engaging in research to discover new technological information, solving technical uncertainties, and creating new methods or inventions may qualify for R&D tax credits.

Innovation in Agriculture

Developing new farming techniques, improving crop yields, or creating sustainable practices may qualify for R&D tax credits.

Environmental Improvements

Projects aimed at reducing environmental impact, such as developing green technologies or improving waste management processes, may qualify for R&D tax credits.

Employee and Contractor Expenses

Wages for employees directly involved in R&D activities, as well as costs associated with contractors and third-party research, may be eligible expenses under the R&D tax credit.

Potential Qualifications for SALT Tax Credits:

Job Creation and Retention

Many states offer tax credits to businesses that create and retain jobs within their communities. These credits are designed to stimulate economic growth and reduce unemployment.

Investment in Capital Projects

Businesses that invest in new facilities, equipment, or infrastructure may qualify for SALT credits. These incentives encourage businesses to expand their operations and contribute to local economic development.

Sustainable and Green Initiatives

States often provide tax credits for businesses that implement environmentally friendly practices. This includes investing in renewable energy, reducing carbon footprints, and enhancing sustainability.

Training and Workforce Development

Tax credits are available for businesses that invest in employee training and development programs. These incentives help businesses improve workforce skills and productivity.

Potential Qualifications for Work Opportunity Tax Credit

Hiring from Target Groups

The Work Opportunity Tax Credit (WOTC) offers federal tax credits to employers who hire individuals from certain target groups who have faced significant barriers to employment. These groups include veterans, long-term unemployed, individuals receiving certain types of public assistance, and more.

Employee Retention

To qualify for the WOTC, employees must be retained for a minimum period, typically at least 120 hours, with higher credits available for longer retention periods.

Promoting Diversity and Inclusion

The WOTC encourages workplace diversity and inclusion by providing incentives to hire individuals from diverse backgrounds and those facing employment challenges.

Tax credits like these can lead to substantial savings for businesses, providing additional resources to reinvest in growth, improve cash flow, and enhance overall financial health. Leveraging these credits can significantly reduce your tax burden and increase your profitability.

By selecting Titan Business Advisors for profit recovery services, you’ll tap into methods that recover lost profits and improve your financial outlook.

Starting with a comprehensive business assessment, we’ll identify which profit recovery strategies, such as cost segregation, credit card processing, or tax credits, will help maximize your bottom line.

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Disclaimer The Titan Business Advisors Inc. DBA Titan Business Advisors is a licensed business brokerage in CA. DRE #02225176. No officer, contractor, or affiliate of The Titan Business Advisors Inc., DBA Titan Business Advisors is authorized to give legal or tax advice. If you need legal or tax advice consult an attorney or tax preparer.