Manufacturing & Wholesale Distribution
We are familiar with the issues faced by the manufacturing and distribution industry including inventory management, process improvements and overhead cost pressures. Downtime is costly so we work with manufacturers to ensure their financial operation runs as smoothly as their production line.
We understand that changing economic conditions and global competition have made it difficult for your business to maintain margins and remain competitive in the marketplace.
We’ve worked with manufacturers / distributors in automotive parts, chemical, educational, environmental cleaning products, plastic, sheet metal & fabrication, tool & die, and heavy equipment sectors.
Specifically, we can work with you in the following areas:
Accounting:
- Ensuring you effectively use your accounting software;
- Evaluating your per unit costing and selling price determinations;
- Reviewing your overhead cost allocation charges;
Planning:
- Assisting you in determining your break-even point for operations;
- Assisting in developing effective budgeting and projection plans;
- Reviewing ways to improve your working capital cash flow & profit maximization;
- Evaluating your inventory management and cost control;
- Outlining the issues impacting your employees vs. subcontractor hiring decisions;
- Reviewing the things to consider in buying vs. leasing equipment;
- Determining the eligibility of government tax incentive programs available to you;
Strategic:
- Developing tax planning strategies to help minimize your taxes;
- Understanding the impact that labour, environmental & safety regulations have on business;
- Addressing the issues behind expanding additional product lines;
- Reviewing the issues surrounding a potential succession and / or sale of business operations;