Sage Timberline Office News & Tips
Re-invest Today to Gain Advantage in the Economic Recovery to Come

If you’ve built an adequate cash reserve, this downturn could be a smart time to invest strategically in your business. While your competitors are hunkering down, you can take advantage of opportunities to improve your business and become more productive.

Your investment in tools, trucks, and other heavy equipment will go further today than it would have in the recent boom years. You can also take advantage of this time to upgrade your business management software in ways that will help you win more jobs. Consider project management or estimating solutions for your Sage Timberline Office system.

Whatever capital expenditures you plan, you are likely to find excellent prices that would have had contractors lining up two years ago! When the next economic expansion comes, you’ll have what you need to make the most of it, at a fraction of what your competitors will have to pay.

If you purchase equipment, vehicles, or software for your business in 2009, you can take advantage of tax incentives included in the American Recovery and Reinvestment Act of 2009. Higher Section 179 limits allow you to fully expense up to $250,000 of depreciable business equipment, including software, during the 2009 tax year. Or, you can enjoy 50% bonus depreciation on eligible assets. Consult your accountant or tax advisor for details.

Finally, don’t forget to invest in your people. A less busy schedule creates the perfect opportunity to participate in advanced training and learn new skills. By expanding your knowledge, you’ll find new opportunities for your business and discover ways to serve existing customers better.

In this month's newsletter, we present several ideas for improving the efficiency of your current operations and opportunities to invest in systems and people. Please contact Integrated Computer Systems Support at 425-820-6120 for additional assistance.