Seventy-eight percent of consumer packaged goods companies and suppliers rank productivity as their top priority. And with the right technology in place, you can boost productivity, transform operational efficiency and improve bottom-line results — especially in the food industry. In a business where rising labor costs, tough safety regulations and supply chain complexities all impact daily operations, strategic investments in tech can deliver near-immediate returns while positioning your business for… Read More
Exit Planning and Succession Strategies for Family-owned Food Businesses
Years of dedication have gone into shaping your business into a legacy. But what’s next for your food or beverage company when it’s time to step down? Proper succession planning can mean the difference between a successful transfer and a business that fizzles after decades of hard work. Whether your goal is transferring to the next generation, selling to employees or finding an external buyer, doing your due diligence early… Read More
Equipment Investment Strategies for Growing Food Businesses
Strategic capital equipment decisions can make the difference between thriving operations and struggling margins. Whether you’re running a food manufacturing facility or distribution center, understanding how to evaluate and optimize equipment investments to meet both operational and financial needs is critical for your business’s long-term success. Leasing vs. buying For many food companies, leasing offers immediate advantages. From lower upfront costs to predictable monthly expenses, it’s an attractive option —… Read More
The U.S. Tax Credits Food Manufacturers May be Missing
The food industry operates in a complex regulatory environment posing unique operational challenges. But it also offers opportunities for tax credit optimization that might not be on your radar — especially if you’re a foreign company new to conducting business in the U.S. While food manufacturing and distribution companies are focused on maintaining quality, meeting compliance requirements and managing tight margins, substantial industry-specific tax credits may be going unclaimed, including:… Read More
Strategic U.S. Entity Selection for Foreign Food Companies
Thanks to factors like changing consumer preferences, increased demand for healthier foods and the popularity of premium indulgent treats, the U.S. food and beverage market continues to grow, with a projected annual growth rate of 6.34% this year. That makes U.S. expansion an attractive proposition for foreign food manufacturers and distributors. But successfully entering a new market requires strategic entity structuring that balances tax optimization and asset protection. To avoid… Read More
Lost in Translation? U.S. Employment & Compliance Laws for Foreign Food Companies
Foreign food manufacturers and distributors expanding into the U.S. market face complex employment regulations that often differ widely from their home countries. Here’s a summary of the most common employment and payroll compliance laws we’ve found foreign entities must navigate: Employment authorization. U.S.-based employees must provide you with original documents proving identity and work authorization within the U.S. Employers must then complete a Form I-9 for each employee within three… Read More