One strategy is to consider the minimum amount of income you require on an annual basis and then see if there's a low-cost annuity that promises to pay at least that amount for life.

On, for instance, a deposit of $3,400 -- the average minimum required to avoid monthly fees, according to Bankrate.com data -- that amounts to just $4.42 in annual interest.

If your facility has electrical and pneumatic tools or safety sensitive equipment, as a minimum an annual tool inspection must be performed.