Twenty-Three. As I sit here and write, this is the number of days remaining in 2020. No doubt, some of you cannot wait for those days to pass and welcome in the new year. Some of you, however, have experienced tremendous growth in business this year and don’t want that to end.
Either way, as we prepare for what we all hope will be a very different (in a good way) and very prosperous 2021, there are some things you should seriously consider. Is your business ready for the growth that a return to “normal” life will bring along? Are your systems up to the task?
As a retailer, you need to be prepared. Are your systems aging? Now may be the best time in a long time to upgrade your point-of-sale hardware and software. What if I told you that you could get it for free (well, kind of)? Piqued your interest now?
Each year, the IRS offers something called Section 179 benefits. This allows businesses to reduce their tax liability by purchasing software and hardware for operations. Pretty cool! Essentially you can write off the entire purchase or lease thereby reducing your taxable income and reducing your tax due*.
I’m not an expert on tax law, nor am I an accountant, but smart business owners are making the call to their CPA to find out if investing in their business before the end of the year makes sense. In many instances it does.
Don’t miss out on this chance to invest in your business. Call your CPA today to see if this makes sense for your business. Then call Soft Intelligence to get things rolling. There are restrictions, one being that the purchase must be made this calendar year. Do not miss out on this! Twenty-Three days and ticking – that’s not much time!
*This piece is not intended to offer tax or financial advice. Please consult with an accredited CPA to determine eligibility and benefits that may be available to your business.
Soft Intelligence has been working with retailers for 36 years and is the nation’s premier consultant and channel partner for NCR CounterPoint. We are here to help you with new point-of-sale installations, upgrading existing software and hardware (including Self-Checkout options), adding capabilities, or even developing custom enhancements. Our highly qualified team averages over 20 years of CounterPoint experience per person and we have offices in five states. Email firstname.lastname@example.org or call (866) 797-1264 Option 1 for additional information. Let us help you succeed.
Chip Allen was a specialty retailer for over 25 years and has extensive industry knowledge and experience. He can help you improve customer service, grow your business, and increase your profitability.