BREAKING NEWS

BMF Named a 2021 Best of the Best Firm!

We have again been named to the IPA’s 2021 Best of the Best Firms list, which recognizes the highest-performing firms within the accounting profession.

Articles & Publications

2021 Client Letter: A Year in Review

view PDF Dear Clients, Friends and Community Partners, For the first time in over 25 years, our annual client letter has both a new look and a new voice. This is the first year we’re coming to you by. Read More >>

Succession Planning: The Benefits of a Family Limited Partnership

Business succession planning is one of the biggest concerns for business owners. While there are several options to consider, transferring ownership and control of the company to the next generation is one of the most common. A Family Limited. Read More >>

Disaster Planning: Plan for the Possible

“One cannot plan for the unexpected.” – Aaron Klug   According to the Institute for Business and Home Safety, an estimated 25% of businesses don’t reopen following a major disaster. The Federal Emergency Management Association (FEMA) paints an even. Read More >>

Smart Factories and Blockchain: How to stay on the cutting edge of technology

Most manufacturers have already applied classic business management concepts, such as just-in-time production and continuous improvement initiatives, to enhance cash flow and efficiency. But those efforts might not be enough to stay competitive in a technology-driven marketplace. Here’s how. Read More >>

Leases and Contract Revenue: Get ready to roll out the new accounting standards

Two major accounting rule changes will soon go into effect — and they’re expected to have major impacts on how many manufacturers and distributors report their financial results. Here are the details, including what’s changing, when the changes must. Read More >>

Loan or Lease: What’s the smartest way to finance new assets?

If your company needs to expand its facilities or update equipment, you may be weighing the pros and cons of financing vs. leasing. There are many factors to consider when deciding which option is best for your company. We’ve. Read More >>

Construction Insights: Now is a Good Time to Reconsider Lean Construction Concepts

If you’ve been in business for any length of time, you’ve probably encountered the term “lean.” It emerged and gained popularity in the 1990s as the automotive, pharmaceutical and other industries sought to eliminate waste, increase value to their. Read More >>

Business Basics: Manage Cash Flow to Keep Your Company Healthy

Many manufacturers and distributors are experiencing slower payments these days — a hangover from the recession that some larger customers have held on to. It’s not unusual for buyers to stretch their payments from 60 to 75 or even. Read More >>

Payroll Controls: Is Your Data Accurate and Secure?

Data accuracy is crucial when managing employee benefit and retirement plans. Errors and mistakes can lead to inaccurate deferral amounts, delayed enrollment dates and incorrect calculation of eligible compensation, to name just a few problems. Much of the data. Read More >>

Construction Insights: WIP Reports – A Valuable Management Tool

  Financial statements are an indispensable tool for gauging your construction company’s historical results and financial health. But relying on them alone is like driving a car by looking in the rearview mirror. To see the road ahead, you. Read More >>