Berdon LLP Supports Manufacturing Industry Growth on Long Island

Berdon LLP joins Long Island Manufacturing Community as a sponsor of IgniteLI, the Manufacturing Consortium of Long Island. As part of this relationship, Berdon LLP plans to host roundtable discussions of various relevant industry topics, such as the economic position of manufacturing and distribution (M&D) in the Long Island marketplace and regulatory updates and changes that may impact business operations. Additionally, Berdon will provide IgniteLI members with seminars on the PPP loan forgiveness application process, emerging strong after the pandemic, and state and local tax issues. It is the goal of Berdon to gain a deeper understanding of emerging trends as well as some of the challenges that face M&D companies and to be a part of those conversations.

Berdon LLP was founded in 1917 and is consistently ranked among the nation’s top accounting and advisory firms. With more than 400 professionals and staff, Berdon is dedicated to helping clients benefit from the Firm’s comprehensive array of accounting, tax, financial, and management advisory services. In a culture that fosters teamwork, diversity, and innovation, Berdon’s mantra to Listen, Solve, Do incorporates listening to clients—to have a clear understanding of their needs, concerns and objectives—and then processing this information in order to develop a custom solution. This mantra holds true even more today. As the world continues to change, Berdon’s professionals continue to adapt and respond with high-quality and effective solutions that are aimed to protect clients, their families, and their businesses.

Berdon delivers its extensive expertise in guiding closely held businesses—the core of our practice since our founding—to advising clients across multiple industries, including M&D. The success of M&D businesses requires overcoming challenges that extend beyond product and production.

Berdon helps M&D clients:

· Enhance operational efficiency by assessing internal controls to ensure optimization of effectual budgeting, cash flow accessibility, payroll/ financial reporting, and monitoring inventory.

· Reduce the tax bite by structuring our client’s businesses to maximize tax benefits and available incentives while meeting the demands of federal, state, and local regulations.

· Overcome international barriers for inbound and outbound transactions by leveraging the Firm’s international accounting and tax expertise.

· Prepare for disaster through prevention, recovery, and resumption planning.

Some core industry M&D sectors our team specializes in includes:

· Aerospace and Defense

· Apparel and Accessories

· Building Materials and Construction Supply Chain

· Energy and Utilities

· Food and Beverage

· Pharmaceutical and Life Sciences

· Packaging

· Technology