CPAs are licensed, certified professionals with specialized education and extensive training in tax law, regulations and preparation. But for companies operating in international food manufacturing and distribution, credentials alone aren’t enough. From multiple legal entities to cross-border transactions to regulatory frameworks that vary by country, the right CPA must also understand the operational realities of running a business like yours. Here’s what to look for when evaluating a CPA firm:… Read More
Investing in Your People: Financial Wellness as a Retention Strategy
The food manufacturing and distribution industry runs on people. From warehouse staff to logistics coordinators to quality control managers, recruiting and retaining experienced talent has never been more competitive. But since federal student loan payments resumed in October 2023 in the U.S., many employers have yet to update their benefits packages to help ease the financial burden on their workforce. As an employer, understanding how student loan benefits intersect with… Read More
IRS Compliance for International Food and Distribution Companies
Did you know that something as simple as a misclassified import duty or an inconsistent cost-of-goods calculation could invite unwanted attention from the IRS? For food manufacturers and distributors operating domestically and internationally, the stakes are even higher. A misstep on your tax return can raise red flags across multiple agencies, including the Food & Drug Administration, U.S. Customs and Border Protection and foreign tax authorities. When it comes to… Read More
The Smart Case for Outsourcing in Food Manufacturing and Distribution
Lack of specialized knowledge, technology and resources can make it challenging for any organization to handle every essential function in-house. That’s especially true in an industry where regulatory complexity, supply chain demands and cross-border operations add layers that most internal teams aren’t built to manage alone. For food manufacturers and distributors, third-party experts can lend their knowledge to a specific project, oversee ongoing needs such as managing import/export documentation, or… Read More
How Food Manufacturers and Distributors Can Stay Ahead of Business Uncertainty
External factors can have a profound effect on international food manufacturing and distribution operations. Supply chain disruptions, shifting trade policies, currency volatility and regulatory changes can alter your business environment overnight, directly impacting your employees, your customers and your financial outlook. When unforeseeable events occur, what can you do to keep your business afloat financially and practically? Risk vs. uncertainty — and how to prepare Business risk is when the… Read More
3 Conversations That Separate Thriving Food Businesses From Struggling Ones
Most business owners only talk to their CPA between February and April. And while tax season communication is essential, the real value comes from the conversations you have the other nine months of the year. The food distribution and manufacturing industry is complex and fast-moving. From tariff changes and currency fluctuations to cross-border compliance and supply chain pressures, this industry’s financial landscape is always shifting. That’s why we meet with… Read More