Manufacturing firms often walk a financial high wire to balance the labor, competitive and material issues that dramatically affect profitability. And, the issues are dynamic and frequently shifting. With your attention needed on day-to-day business affairs, you appreciate a higher level view that can affect the bottom line. Even with inevitable changes in market conditions, certain elements of your business may be available for greater efficiency and tax or cost savings.
At Goldin Peiser & Peiser, we can analyze aspects of your business such as:
• Preparation of form 5500
• Payroll compliance audits
• Cost allocation studies
• Claims reviews
• DOL & IRS reporting requirements & exams
• Accounts receivable and payable, cash flow
• Outsourcing or leasing opportunities
• Internal controls
• Market position
• Strategic alliances
As a result, we’ll give you a picture of your business strengths and areas of opportunity. We’ll recommend an action plan reflecting ways to enhance revenue and improve your profitability. As an objective financial third party, you can expect:
• Rank priorities for investment spending
• Advice for tax- and regulatory compliant systems, policies and procedures
• Aid in lease vs. buy decisions
• Help in selecting technology to increase efficiency
We work with manufacturing firms as a business alliance, looking at the specifics of the financial and operational picture. Knowledge across industries in the manufacturing sector allows us to proactively service your business. Our team has extensive experience working with manufacturers. We will help you manage a your team with the main objective of keeping your business on the right path for profitability. Contact Allan Peiser to find out how we can best serve you at APeiser@GPPcpa.com or 214-635-2503.
