
Gary Marx: Find MILLIONS in Hidden State $$ (Tax Breaks Your Business is MISSING!)
Are you sure your business isn't leaving FREE MONEY on the table? What if there are overlooked tax breaks, incentives, and strategic advantages that could save you thousands, or even help fund your next big move? This episode uncovers exactly that. Meet Gary Marx, an economic development veteran with over 35 years of experience. He's seen it all, from working inside state government to now advising companies (just like yours!) on how to navigate the complex world of incentives and smart site selection with his firm, Blue Cap Economic Advisors. In this eye-opening episode of Letโs Talk Business, Meny Hoffman gets Gary to pull back the curtain on how businesses of all sizes can unlock significant financial benefits and make game-changing strategic decisions often hidden in plain sight. You'll discover: ๐ How to find and secure "hidden" state & local incentives (think tax credits, grants, and more!). ๐ The critical factors for smart site selection that go way beyond just the cost of real estate. ๐ Why states want to give money to certain businesses & what they're looking for. ๐ Costly mistakes businesses make that leave them missing out on massive savings & benefits. ๐ Insider tips for navigating government programs and making economic development work for you. If you're a business owner, entrepreneur, or leader looking to expand, relocate, cut operational costs, or simply maximize every available financial advantage, you cannot afford to miss this conversation. ๐ Subscribe for more insider knowledge to grow your business smarter. โ ๐ฅ Watch & Connect: ๐ Listen to the Full Episode Here: https://youtu.be/sK57BUHphcs ๐ฏ Book a Clarity Session with Meny Hoffman: https://calendly.com/ptex/60-minutes-strategy-meeting-clone ๐ฒ More Let's Talk Business Episodes: https://ptexgroup.com/podcast-main/ ๐ฒ Instagram (@ltbhub): https://www.instagram.com/ltbhub/ ๐ฒ LinkedIn (Let's Talk Business): https://www.linkedin.com/company/let'stalkbusinessltb/ ๐ฒ Facebook (The LTB Podcast): https://www.facebook.com/TheLTBpodcast ๐ฒ WhatsApp Status Updates: https://wa.me/message/IQYNZFUYS443A1 ๐ฒ Join the LTB WhatsApp Group: https://chat.whatsapp.com/EKcdMc4qeZm7AL3VtcTY6T โ ๐ Episode Links (Gary Marx): ๐ค Connect with Gary Marx on LinkedIn: https://www.linkedin.com/in/garyrmarx/ ๐ข Blue Cap Economic Advisors (Gary's Company): http://www.bluecapeconomicadvisors.com ๐ A Book That Inspired Gary ("Think and Grow Rich"): https://amzn.to/43e25iN ๐ฉ For Promotions & Inquiries (LTB Podcast): https://api.whatsapp.com/send?phone=13474518368&text=Hi โ ๐ก Practical Pointers from this Episode (Meny Hoffman's Takeaways): 1. You can negotiate way more than you think. Most people think โincentivesโ means tax breaks. But Gary explains how local cities will help with things like better lighting, signage, sidewalks, even speeding up your permit process, if they believe your business brings value to the area. 2. Hiring is the #1 deal breaker. Every serious business leader Gary works with asks one thing first: Can we find the right people here? If the labor isnโt there, nothing else matters. So if youโre considering a move, always start by looking at the local workforce. 3. Government help is real โ you just need to ask the right way. States and cities actually want to help. But theyโre not always shouting it from the rooftops. Gary shows how to find the right contacts, ask the right questions, and unlock the support thatโs already sitting there. 4. American manufacturing is quietly coming back. Between tariffs and supply chain issues, more companies are moving parts of their business back to the U.S. And guess what? Local governments are ready to help โ especially if youโre creating skilled jobs. 5. Small towns care more than big cities. In big cities, hiring 20 or 30 people doesnโt make headlines. But in smaller towns? That kind of growth matters โ and theyโll often roll out the red carpet for you. Thatโs where Gary helps companies find opportunities others donโt even notice.ย โ โฑ๏ธ Key Episode Moments: 1:05 โ Welcome to Let's Talk Business 1:25 โ Meet Gary Marx: Economic Development Expert 2:33 โ Gary's 35+ Year Journey in Economic Development 7:07 โ Untapped Potential: Incentives for EXISTING Businesses 8:46 โ The Power of Asking: How Local Gov HELPS Small Businesses 13:54 โ Starting Point: What Gary Marx Asks Businesses First 18:05 โ Top CEO Concerns: Labor Availability & Market Predictability 20:28 โ Why States PAY: The Drive for Jobs, Investment & Tech 23:45 โ Hot Trends: Targeted Industries & The Southern Shift 26:22 โ Re-shoring US Manufacturing & Current Market Dynamics 32:25 โ Connect with Gary Marx & Blue Cap Economic Advisors 33:00 โ Rapid Fire Questions with Gary Marx
From "Let's Talk Business"
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