EP 5 - Recession-Proof Your Life

Failed to add items

Sorry, we are unable to add the item because your shopping basket is already at capacity.

Add to cart failed.

Please try again later

Add to wishlist failed.

Please try again later

Remove from wishlist failed.

Please try again later

Follow podcast failed

Unfollow podcast failed

EP 5 - Recession-Proof Your Life

Listen for free

View show details

About this listen

TITLE "Help Small Businesses Access ERC Funds & Recession-Proof Your Life" SUMMARY David Domm, host of the podcast What is ERC Money?, introduces the topic of Recession Proofing Your Life. He recounts his experience with trying various businesses over the past 35 years and reflects on Jeff Bezos' advice on taking bets that have the potential to make 100x, with the caveat that nine times out of ten, those bets will fail. He then goes on to explain why ERC Referral Program is the one opportunity that could be a success. Small businesses have been struggling since the start of the COVID-19 pandemic. The Paycheck Protection Program (PPP) loan was the main source of assistance available to them, but the Employee Retention Credit (ERC) program was not as well-known. However, revisions have been made to the ERC program, allowing businesses with between 5 and 500 W2 employees to potentially qualify for the program, even if they already received up to two PPP loans. This is a great opportunity for referral partners, as they could make a significant amount of money off of it. This conversation is about a unique opportunity to help small businesses financially and recession-proof one's own life. Through a partnership program, referring businesses to the company offers a 2.5% commission on all monies collected. The company is experienced in recovering funds from the government, and charges no upfront fee. Businesses with five or more employees are eligible to receive an average grant of $10,000 per employee. The referral partner will receive approximately $1,250 for referring a business with just 5 qualified (W2) employees. There is a potential to make up to $25,000 for referring businesses with 100 employees. The time limit for this opportunity is April 2025, and more millionaires have already been made from it. The company provides business cards and postcards to leave behind at businesses. Bottom Line is a company that helps businesses recover funds from the ERC program. It is risk-free and takes no money up front. The process takes between two to six months and businesses need to do a 15-minute phone call to get qualified. After the money is recovered, Bottom Line pays a referral fee to the referral partner. 75% of the 6 million small businesses in the US haven't applied for their money yet, yet most of them are qualified. This is an opportunity to recession-proof your life by referring businesses to Bottom Line. TIMESTAMPS 0:00:00 "Recession-Proof Your Life: Exploring the Benefits of ERC Money" 0:01:11 Exploring the Benefits of the Employee Retention Credit Program for Small Businesses During COVID-19 0:03:31 "Recession-Proof Your Life: How to Earn Money Referring Small Businesses to Government Grants" 0:07:18 "Partner with Erchow.com to Recession-Proof Your Life" HIGHLIGHTS They track everything. And then all the business has to do is make a phone call and talk to the specialist at the company for about 15 minutes and get themselves qualified and then engage the company to recover their funds. They do a great job. They don't have to pay any money up front. They get their money. It is taking between two to six months to get their checks. And then when they get their checks, they pay the company and the company pays you and or me the referral fee. But now they've stepped in with a specific division to help these businesses get their money from the government, because they have a team of CPAs and lawyers that know exactly what to do, how to file it, how to make it happen, and they don't charge any upfront fee. So here you have something that not only does somebody not have to buy something, but the business owner doesn't even have to come out of pocket with any money to pay for the service until and if they get their money. So let's say it's a high ticket program and it's ten grand or something, and you make 10% off that, somebody's got to pay that ten grand. Whether it's a coaching program or whatever, it doesn't matter what it is. If you're an affiliate, some money has to exchange hands, right? This opportunity is different. So, number one, small businesses are the backbone of America, and the ability to help them right now is huge.. It's a feel good thing. You can feel really good about doing this because most of the businesses don't know about it. The revisions were made and the amendments were made, but it was not shouted from the rooftops like the PPP program. That's where you come in. That's where Bottom Line comes in. The company I'm working with, and the company that you can be a referral partner for has already recovered $3 billion with the B. $3 billion for businesses. That's what they do. They've been doing it for 15 years. But any business that has between 5 and 500 W2 employees is potentially qualified now because of the amendments and the revisions that were made to the ERC program. So now, even if you got up to two PPP loans, you could still qualify for ERC. And here's where the opportunity ...

No reviews yet