Manufacturers face increasing challenges on all fronts, from customer demands and advances in technology to changing tax regulations and global competition. Gainer, Donnelly & Desroches’ experienced professionals are well-acquainted with the rapidly changing demands of the industry, and provide proactive and customized accounting and business solutions. Our integrated approach focuses on key management indicators to monitor and enhance performance. We leverage more than 60 years of knowledge and experience to assist clients with production, management and financial issues in order to optimize business processes and product quality.
GD&D has a proven track record of working closely with clients to identify critical success factors specific to their organization, industry and market. We review accounting, cash flow systems, internal control, inventory management and operational procedures. Our goal is to help our clients achieve their maximum profit potential.
GD&D manufacturing clients include closely-held businesses and companies with annual revenues from under $1 million to more than $100 million. They manufacture a variety of products ranging from building components to highly sophisticated electronic parts, as well as furniture, oil field equipment, steel fabrication and other products. Given our client and industry knowledge, GD&D adds value to manufacturing companies by providing effective management advisory services to improve in operational and financial performance.
GD&D offers manufacturers a wide range of services:
Specialized Services
- Cost segregation studies - acquisition, construction or remodeling / expansion of real estate can help you save taxes and increase cash flow.
- Inventory value analysis
- Asset management / inventory, plant and equipment
- Production and inventory control system reviews
- Internal control evaluations
- Operational reviews
- Obsolescence (write-off planning) to accelerate tax depreciation and reduce current tax liability.
- Litigation services - patent issues, royalty issues, defective products
Business Consulting
- Productivity improvement
- Compensation planning for the shop floor
- Identification and correction of operational problems
- Reduction of inventory costs, back orders and backlog control
- Industry and financial benchmarking
Strategic Tax Planning
- Income deferral and expense acceleration strategies
- Local, state, and federal income tax compliance
- State franchise tax and multi-state tax planning
- Multi-national tax planning
- Research and development tax benefits and local tax incentives
- Real estate and personal property tax
Financial Services
- Financial statement audits, reviews and compilations
- Internal audit system evaluation
- Debt structuring for increased flexibility - knowing when to borrow and when to pay operate out of cash flow (The decision may or may not be tax deductible).
- Activity-based accounting
Executive Services
GD&D's forward-looking perspective can help you preserve assets, defer income, and reduce taxes on income, estate, gifts, investments and retirement distributions. Our goal is to help you build your net worth, have more control of your wealth, and reduce your tax burden.
- Business succession - An effective business succession plan can:
- convert business wealth into assets in order to fund retirement
- transfer ownership to desired successor
- address estate-planning concerns related to the transfer of a business including minimizing estate and gift taxes, providing liquidity and developing a strategic plan for the business's success after the transition
- Estate and trust planning - An estate plan enables you to direct how and to whom assets will be directed, ensuring maximum wealth preservation.
GD&D Manufacturing Contact
Miles Harper
