Growth Incentives—The Quest for Tax Credits

A vast majority of TRSA companies are family-run businesses—over 90 percent are considered small businesses. These companies constantly face financial challenges from the need to reinvest in laundry facilities and delivery vehicles, as well as new facilities, which can cost upwards of $16-18 million. Unfortunately, most jurisdictions currently fail to classify our industry in a way that enables you to qualify for financial incentives as manufacturers. Companies that cannot execute necessary improvements in current or new facilities are vulnerable to consolidation, which invariably leads to some degree of job loss and less competition.
 
Under the right circumstances ...

This content is an exclusive benefit for TRSA members.

If you’re a member, log in and you’ll get immediate access.

If you are not yet a TRSA member, please join today to get access to this content and much more. You can also contact TRSA at 877.770.9274.

Join