Consumer Products
Consumer product companies are unique in that the value drivers of the business are the trade names, customers lists and other intangible assets. Many consumer product companies use outsourced contract manufacturers, outside warehouses and logistics companies and outsourced sales/marketing organizations. Product contribution margin is a key indicator of value, not just earnings before interest, taxes and depreciation and amortization (EBITDA). Inventory valuation and revenue recognition are key accounting issues.
Our professionals not only understand your tax and accounting issues, but also such critical areas of operations as:
- Point of sale data
- Retailer deductions and deduction management
- Optimization of warehouse and freight efficiencies
- Inventory management, economic order quantities and safety stock
In addition, we bring a unique understanding of the virtual business model for ecommerce businesses.
In addition to the traditional tax and accounting services tailored to consumer product company needs, Fesnak assists you with:
- Outsourcing solutions from individual staff to the entire finance function
- Valuations including business, stock option and intellectual property valuations
- Capital Advisory including structure and negotiations of funding; complex capital structures; corporate refinancings and recapitalizations
- Revenue recognition issues
- Financial controls, forecasting & budgeting
- Benchmarking
- Operational & internal control reviews
- IT system assessment & implementation
- Business succession planning
- Inventory control systems
- Mergers & Acquisitions
- Business Valuations
- Employee benefits planning
- Make versus buy decisions
- Business process re-engineering
We also provide acting CFO/Controller services through our Financial Management Outsourcing group. Our experience allows us to fully understand the operations of consumer product companies.
