BREAKING NEWS

Announcing Our Newest Partner

BMF welcomes with pride and purpose, our newest partner, Marie Lenarduzzi!

Articles & Publications

Unfinished Business: Managing WIP Inventory Effectively

Work-in-process (WIP) inventory hold significant weight on a manufacturer’s balance sheet, playing a pivotal role in financial accuracy and performance evaluation. By closely monitoring WIP, manufacturers not only maintain the integrity of their financial statements but also gain valuable. Read More >>

Keep Your Construction Business in Top Shape with KPIs

Just like when you visit a doctor for a checkup, it’s essential for construction company owners to monitor their business’s vital signs. By regularly checking Key Performance Indicators (KPIs), you can ensure your company’s financial health and equipment maintenance. Read More >>

Protect Your Profit: 5 tips for preventing profit fade

February 20, 2023 Construction

Profit fade, or the decline of expected gross profits over the course of a project, can be a serious problem for construction companies. Not only does it directly erode the bottom line, but it is also an indication to. Read More >>

Partial Plan Terminations – How Does This Affect My Business?

Because of the current economic uncertainty due to COVID-19, some businesses have had to lay off considerable portions of their workforce, many with the hope of rehiring the individuals sometime down the road. Whether these layoffs are temporary or. Read More >>

Revenue Recognition for Contractors: Seminar Takeaways

There aren’t many instances when the businesses face a game changer, but that what every company will experience in its day-to-day accounting practices with the Revenue Recognition Standards. To help make sense of the change, we hosted an educational seminar. Read More >>

Operational Compliance: Who’s in Control of the Controls?

In recent years, regulators have intensified their focus on retirement plan controls. Given this scrutiny, it’s critical that the proper procedures and controls are in place for your qualified plan. Operational compliance controls are an area of focus for. Read More >>

Treat Your Company Like an Investment

Most manufacturing and distribution business owners dream of exiting their company with money in hand. But interestingly, they often are not strategic about how to make this happen. While they may talk about the future and what they expect. Read More >>

Management Strategies: Pull the Right Levers for Smart Growth

According to Industry Week’s “2013 Year-End U.S. Manufacturing Outlook Study,” manufacturers are generally optimistic about their growth prospects. Bloomberg reports that manufacturing in the U.S. is expanding at a faster rate and making a bigger contribution to the U.S.. Read More >>