Incentives

The overall cost of doing business is a key factor in making a location decision, and available incentives often have a tremendous impact on the cost factor. Understanding this relationship and preparing strategies to maximize incentive benefits will secure the long-term competitiveness of a facility. Our team members and business partners are professionals in identifying available incentives, analyzing the potential impact of incentives on location decisions, and negotiating final incentive agreements. Softlanding ensures that your company receives the full benefit of an incentives agreement through the realization process, and we are available to assist clients at every stage of location analytics. We have worked extensively with domestic and international companies in sectors including manufacturing, distribution, financial services, technology, and retail. Softlanding’s experience speaks for itself in our negotiation endeavors.

When doing business for a company, taxes and utility costs represent a sizable portion of the total cost. Our comparative analysis accounts for all business costs, including any significant local taxes and those assessed by states on corporate income, property, sales and use, unemployment insurance, as well as energy and water costs. Some incentives look good on paper but fail to make a meaningful impact on your investment and operating costs. Other incentives appear less impressive at first but offer significant long-term savings or non-financial benefits for your project. When time is more valuable than money, Softlanding can thoroughly analyze the incentive opportunity of any market and articulate the pros and cons.

Softlanding helps companies optimize their location through economic incentives negotiations by:

• Reducing investment and operating costs

• Improving your return on investment

• Identifying and mitigating risks associated with the location

• Negotiations with local, state, and federal governmental entities

• Comparative analyses of available incentive programs

• Development of financing alternatives

• Ongoing regulatory compliance

• Site selection analysis

• Negotiating energy and water rates

• Identifying tax credits (e.g. job creation, R&D tax credits) and grants

• Securing low interest loans

• Utilizing foreign trade zones (FTZ)

• Utilizing joint economic development districts (JEDD)