A fresh perspective
The food and beverage industry is experiencing more complex challenges than ever before. Food processors need to keep prices low — even as their costs increase and their labour pool shrinks. They need to stay current for consumers – even as people’s preferences change around what to eat and how that food is packaged. To top it off, food processing companies face new laws that impact almost every sphere of their operations.
Yet the biggest question on food processors’ minds looks long-term: should I bet on my business with investments in next-generation technology, or should I sell the company and let someone else take it to the next level?
At BDO, we’re dedicated to serving our food and beverage clients at every stage of the business lifecycle – helping them answer the key questions for their business. Companies that are just getting started count on our bookkeeping, payroll, and CFO services. For business owners looking to sell, we locate buyers and prepare both owners and management for the transition. And throughout the lifecycle, our team of experienced professionals guides food and beverage leaders as they tackle challenges as diverse as:
- aligning the organizational structure with future goalsnavigating trade agreements and import/export permitting processes
- streamlining and digitizing procurement processesbuilding an Industry 4.0 roadmap and implementing its recommendations
- applying for government incentives
With more than 100 offices across Canada, BDO is one of the country’s largest accounting, tax, and advisory firms. We combine our extensive resources and local market knowledge with industry-specific experience to offer exceptional service. We tailor our services to our food and beverage clients’ unique needs, making sure we do everything we can to help their companies thrive.