manufacturing

How has COVID-19 Affected the Manufacturing Industry?

Reading Time: 3 minute The pandemic has caused severe financial and operational disruption in the manufacturing industry. Our industry experts have created and compiled several resources to help you tackle these challenges...
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Metrics & Benchmarking for Manufacturing Companies

Reading Time: 4 minute   Due to the disruption in the global markets and forced shutdowns, the pandemic led to conditions that negatively affected most manufacturers. However, IBISWorld anticipates that sector revenue will...
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Financial Statement Concerns for Manufacturing Companies

Reading Time: 3 minute Good accounting practices are an important tool for managing a manufacturing business. Given the industry's uncertainty, it is crucial to fine-tune financial statements for users of them to review...
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R&D Tax Credit for Manufacturing Companies

Reading Time: 3 minute In general, manufacturing companies are great candidates for the various tax credits the Internal Revenue Service (IRS) offers. One of the most popular is the Research and Development (R&D) Tax...
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Tax Saving Opportunities for the Manufacturing Industry

Reading Time: 6 minute As the pandemic continues, manufacturing businesses have faced many issues. On top of reduced revenue, layoffs, and other unforeseen problems, another year of preparing for the potential tax burden...
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What is my Manufacturing Company Worth?

Reading Time: 3 minute   Do you understand what your manufacturing company is worth? Whether you are reaching retirement or have received an offer to sell, it is crucial to understand what value means for a business. The...
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6 Cash Flow Tips for Manufacturing Companies

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Manufacturing Companies: Fight Back Against Internal Fraud

Reading Time: 2 minute Internal fraud drains more than $3.7 trillion dollars annually from global businesses, according to the Association of Certified Fraud Examiners (ACFE). According to ACFE's latest Report to the...
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