The current global economic climate seemingly creates serious challenges for domestic farm operations & agribusinesses. This is tragic because these businesses have long been the backbone of the American economy, and now it’s nearly impossible for them to survive.
Commodity prices have not kept pace with inflation or the cost of running a modern operation. To succeed, agribusinesses must place a greater emphasis on efficiency through technological innovation, and careful monitoring of production costs and investment return. It takes results-oriented management action on sound and timely business advice to remain viable & competitive.
At Fordham & Co LLP we understand the increasingly complex issues and challenges the agriculture industry faces, and the further challenges that wait on the horizon. We are prepared to help you meet these challenges with business, tax, and financial services geared to provide meaningful and timely information to help you operate at maximum efficiency.
Over the past thirty years, Fordham & Co LLP has developed substantial knowledge of auditing, financial reporting, and consulting issues specific to agribusiness clients. We provide innovative strategies(link) with practical solutions to assist a wide spectrum of agribusiness clients:
- Field Crops
- Food Processing Businesses
- Ag-service Industries
- Family Owned and Managed Farms
In addition to traditional accounting services, we can assist you in the following areas:
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- Income Tax Planning
- Retirement Plans
- Business Continuation/Succession
- Financing Assistance
- Accounting System Design and Implementation & Related Training
- Business Mergers & Acquisitions
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- Financial Statements
- Estate Planning
- Entity Structure
- Computer Hardware & Software Selection
- Tax Credits
- Property Acquisitions, Sales, and Exchanges
- Wealth Management