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Manufacturing

In a strong competitive sector and with businesses operating in such a challenging and labour intensive area, they need the reassurance of experienced and professional advice to keep them on course.  This sector is plagued with uncertainty with external factors such as interest rates, currency values and employment levels to take into consideration.

We help manufacturing businesses on all aspects of strategic and financial matters including:

• Job costing and product pricing
• Minimising risks from pricing and supply fluctuations
• Optimising stock control
• Investment decisions
• Arranging acquisitions, mergers, or disposals
• Raising finance
• Managing cashflow through interest rate exchange and rate fluctuations
• Handling foreign currency transactions

There are also a number of complex issues that require the right decisions to be made including: -

• Margins being squeezed due to global competition and the growth of real-time supply solutions;
• An increasingly powerful customer base;
• Smart sourcing and aiming to ensure supply capacity is increased or re-located;
• New risks and opportunities from changing operating and financial structures;
• Increased investment required in technology, processes and people to bring new product and services to market;
• Increased regulatory pressures and the associated increased risk of non-compliance.

And, of course, we can help with all your accounting, tax, and audit requirements.

Useful Links

The Engineers’ Employment Federation
www.eef.org.uk

Organisation for manufacturing, engineering and technology-based businesses.

The Department of Communities & Local Government

www.communities.gov.uk
Government department covering building regulations, planning and local government.

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