As you consider the future of your manufacturing business, you can very well predict several challenges ahead. Continued globalization, developing technology in automation and robotics, the ever-increasing demand for innovation, responding to the evolving needs of their buyers, and consistently improving the management of your organization all remain increasingly critical to you and your business.
It is important to work with accountants who understand the challenges you face and can offer timely and economical solutions. We at Selden Fox are committed to knowing and understanding your business and the environment in which you operate, so we can provide the best possible financial solutions for you and your business.
We often provide accounting and consulting services for manufacturing companies, as well as working with their owners on their personal financial and tax matters. Based on the needs of the company, we can handle discrete projects, or we can provide a variety of accounting, tax and audit services. Our experience with manufacturing companies may begin at the initial startup and business planning stage, working alongside the owner to establish the entity. In these situations, we have had the good fortune of working with these entities as they have grown and developed, assisting both with the internal financial needs of the company and with tax and wealth planning for the business and the owner(s). In other circumstances, we have been brought in to provide audit, tax or accounting solutions to fairly mature manufacturing companies.
The services we provide to manufacturing companies include:
- Audit, review and compilation services
- Tax preparation
- Implementation of new accounting standards
- Forecasts and projections
- Merger and acquisition accounting
- Tax planning
- Business valuations
- Sales and use tax compliance and consulting
- Credit and finance alternatives
- Buy or lease analysis
- Mergers and acquisitions due diligence
- Management succession planning
- Research and development tax credit utilization
- Internal control studies