How to fund your business cybersecurity defenses
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Finding new sources of cash flow to help fund your cybersecurity defenses is possible with these tax incentive tips.
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How to fund your business cybersecurity defenses
- 1. How to Fund Your Business’ Cybersecurity Defenses
- 2. Business Risks on the Rise Every business owner with digital operations and network connectivity knows business revenues are at risk with escalating threats of business disruption from cyber attacks.
- 3. $4M Average U.S. Business Cost The average cost of a successful, cyber attack to U.S. businesses exceeds $4M – that’s the same to their bottom line as $4M in revenue.
- 4. Company Budgets Often Inadequate The cybersecurity challenge is substantial and growing, but company budgets don’t generally have room for significant spending on cybersecurity defenses.
- 5. Alternate Funding Is Needed The best place to find needed funding for overdue cyber defenses is in your current spending where waste is rampant but hard to uncover…
- 6. Examples Property Taxes - Over-assessments are common Merchant Credit Card Fees – Riddled with errant transaction fees Workers Comp Premiums – Misclassifications & clerical errors inflate premiums Overlooked Tax Credits – Hiring incentives, R&D, etc.
- 7. No-Risk Outsourcing Traditional approach to capture these savings is cumbersome and time-consuming Most accountants and financial advisors don’t have the breadth or depth of expertise needed – and are expensive Entire process can instead be outsourced to proven experts in each category under one umbrella organization… At No Cost UNLESS savings are found.
- 8. Growth Management Group GMG 19+ years success Zero denials of client savings found Risk-Free process - No Savings, No Fee Average client savings exceed $240,000
- 9. Answer a few online questions for initial savings estimate. Get an initial estimate of your savings here Easy & Free Estimate Let us find the savings to fund your cybersecurity needs.
Editor's Notes
- (? Todd Gross voiceover as bonus for Agency Profits 360….) Today’s business risks are rapidly growing with more business functions occurring online. Every business owner and manager recognizes their revenues are at risk from escalating threats of business disruption from cyber attacks that are only growing in frequency and sophistication.
- The latest reports on cyber attack activity estimates the average cost to U.S. businesses from successful cyber attacks at over $4 million – and that’s the same impact on their bottom line as $4 million in lost revenue.
- Most companies don’t have the budget flexibility to afford significant investment in cyber defenses even when they recognize they’re long overdue and they’re at significant risk of losing business and market share if they’re left unprotected.
- The need for alternative funding for these unmet cyber security needs is pressing and the best place to find the additional funds needed is in your company’s current wasteful spending in areas where you probably already know you’re overspending…
- Things like property taxes – where over-assessments are routinely found; Merchant Credit Card Fees that are riddled with errors among the literally thousands of micro-fees built into every credit card transaction; in Workers Comp premiums where misclassifications and clerical errors routinely result in premium over-charges, and in Overlooked Tax Credits like hiring incentives and R&D credits for process improvements many companies invest in but fail to claim the tax credits they’re due.
- Trying to capture the over-charges and lost credits across all these activities the traditional way is cumbersome and extremely time-consuming. Your accountants and financial advisors aren’t likely to have either the breadth or depth of expertise needed – and they charge for their time whether they find you savings or not. But now it’s possible and practical to outsource the entire process for ALL these savings activities to experts in each category operating under one umbrella organization – and there’s NO COST unless they find you savings.
- That organization is GMG – or Growth Management Group, which has been doing this for clients for over 19 years and has never been denied a dime in savings found for clients. The process is completely risk-free, with no fee if no savings are found for your business. We put our money to work for you instead of you risking your own scarce working capital in return for a percentage of the savings found, which varies with the type of work required to claim the savings for you. Our clients average over $240,000 in savings, with many saving substantially more.
- You can get a quick, no-obligation estimate of your potential savings by answering a few questions about your business in our online portal at the web address listed below. In a few short minutes, you’ll know whether we can find the savings needed to fund your cyber security needs and maybe meet some other business needs as well.