Manufacturers and Wholesale Distributors
Producing more with less
If you’re like many managers and owners in the manufacturing industry, you’re probaby struggling with hiring skilled workers. Customers are asking for lower prices while supply and freight costs continue to rise. Implementing technology to assist with automation on the plant floor and back office is front of mind. Also looming are topics like shifting trends in globalization, regulations, and tariffs.
And that doesn’t include the other challenges you face every day: your greying workforce, retaining skilled labor, heightened competition, and researching and adopting new technologies.
Manufacturers and wholesale distributors often need a strategic partner to overcome these challenges. Solution examples include technology enhancements both for on floor and back room applications to make your operation more efficient and lean, federal and state tax credits, incentives, and deductions, research and development, internal control assessments, recommendations and remediation strategies, and profitability and productivity studies including inventory costing.
Manufacturing and wholesale distribution have come a long way and continue to evolve. Many companies that evolved during the Ford Model T days have stayed successful and so can you in today’s day and age.
Solutions
Adams Brown provides the following services to manufacturers and wholesale distributors:
Agreed Upon Procedures, Review and Compilations
Services for providing insight into the accuracy and validity of your manufacturing or wholesale distributor businesses’ accounting and financial information to discover and correct issues, install controls, assist with financial decision making, and respond to 3rd party financial information requests.
Business Advisory and Consulting
For manufacturing or wholesale distribution businesses seeking guidance in areas such as strategic planning, growth opportunities, business transformations, or selling, merging, or transitioning their businesses in response to new situations.
Outsourced Client Accounting
For manufacturing or wholesale distribution businesses seeking to make managing their business easier via outsourcing back office accounting functions like payroll, accounts payable and accounts receivable, analyzing areas for automation and implementing cloud-based solutions, and training staff on new software and procedures.
Tax Planning and Compliance – Business
Tax minimization strategies and tactics at the corporate level with a focus on capturing relevant Federal and State of Kansas incentives, credits and deductions for manufacturing or wholesale distribution businesses.
Tax Planning and Compliance – Individual
Tax minimization strategies and tactics for manufacturing or wholesale distribution business company owners or families with a focus on opportunities under the new Tax Cut and Jobs Act and recent changes to State of Kansas tax requirements. We also help with tax strategies related to succession planning and exiting the business.
Wealth Management
We help manufacturing or wholesale distribution businesses owners or families develop and implement customized strategies for achieving long-term goals, strengthening your financial security and maintaining your quality of life.
Other Adams Brown Solutions
For a confidential discussion of your issues and needs, please contact our Manufacturing & Wholesale Team Leader, Julie Wondra, using the fillable “Contact Us” form on this page.
Testimonials
What’s Next
Just like the industrial revolution drastically morphed the manufacturing industry, the current revolution of new technologies and disruptors is certain to do the same. From robotics to Smart Manufacturing (real-time data/Big Data) to 3D printing, the industry is being transformed.
Adapting to these new and emerging innovations and opportunities will set you apart from the competition.
Manufacturers and Wholesale Distributors Team Leader:
Julie Wondra
Contact Us:
