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Specialty Areas - Manufacturing and Distribution
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Outsourcing overseas, high material costs, rising employee benefit costs, and increased regulation are just a few of the major challenges manufacturing and distribution companies face today. Small changes in the global and national economies often mean large consequences in these industries; therefore, industry foresight, adaptable operations, and timely responses are vital to the success of your company. In order to stay ahead of the curve, it is imperative to work with a business advisor who possesses extensive industry knowledge and experience.
By utilizing Elko & Associates, Ltd. as your business advisor, you have access to accounting services designed to enhance your ability to respond quickly to industry trends, enabling you to hedge against shrinking profit margins and sustain steady growth. We have spent over four decades serving the manufacturing and distribution industries, providing innovative, specialized services designed to drive profitability in a dynamic marketplace.
Areas of Specialization
Our first priority with a manufacturing or distribution client is to ensure that proper accounting and tax reporting methods for inventory are used, allowing management to measure profitability, maximize cash flow and minimize tax impact. When clients need assistance with operational issues, we can act as project managers, identifying relevant issues and bringing in specialized talent as needed, or by providing solutions gathered through special project work.
In the manufacturing and distribution industries, it is often necessary to think globally.
Our affiliation with the International Association of Practicing Accountants is a resource we use when our clients desire to expand into international markets, or when they are looking for an overseas manufacturing facility.
Elko & Associates, Ltd.'s team of CPA’s and consultants are devoted to assisting clients in the manufacturing and distribution industries, sharing advanced knowledge of inventory management and fulfillment processes, cutting edge technology, and cost effective operations. Our extensive industry knowledge not only helps us provide you with Best Business Practices, but it also gives us a competitive advantage in providing you with the information you may need to capitalize on opportunities that come your way. As always, we customize our services to meet your specific needs.
In addition to our traditional accounting, tax and assurance services, we provide a number of specialized services to manufacturing and distribution companies including:
- Strategic planning
- Buy/ Sell agreement preparation
- Succession planning and exit strategy development
- Profitability analysis
- Buy/Lease agreement development
- Financing facilitation
- Loan proposal package creation
- Budgeting and cash flow planning
- Mergers and acquisitions facilitation
- Business valuation and litigation support
- Due diligence research and review
- Inventory control process development
- Corporate governance services
- Research and development tax credit studies
- Cost segregation studies (CSS)
- Technology planning and implementation
- Executive search and placement
- Compensation, benefits and incentive planning
- Financial planning
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