Manufacturing Minute

Most business owners think they're ready to sell — until the buyer's due diligence team starts asking questions. In this episode of the Manufacturing Minute Podcast, Megan Meador, Partner at Brown Edwards and leader of the firm's manufacturing and distribution audit practice, pulls back the curtain on what sophisticated buyers and private equity groups are really looking for when they examine your...

In this episode of Manufacturing Minute, I’m joined by my colleagues Melissa Stanley, Josh Morrison, and Brittany Quinn as we delve into the crucial topic of retirement plan compliance for manufacturing companies. We explore the intricacies of 401(k) plans, the importance of fiduciary responsibilities, and the key compliance requirements that employers must navigate. Our discussion highlights comm...

In this episode of Manufacturing Minute, I’m joined by Vince Centofanti, a director at Brown Edwards specializing in business valuation. We dive deep into the intricacies of business valuation, discussing its importance for manufacturing and distribution companies. Vince shares insights on the three main approaches to valuation: income, asset, and market approaches, and explains how these methods...

In this episode of Manufacturing Minute, I’m joined by Bryan Wages from the Specialty Tax Group to explore how manufacturers in Tennessee can leverage state tax credits to significantly reduce their tax liabilities. We delve into the Tennessee Job Tax Credit, discussing the requirements for job creation and capital investments that can lead to substantial savings. Bryan explains the importance of...

In this episode of Manufacturing Minute, I dive into the world of cost segregation studies and their significant benefits for manufacturing businesses. Joined by John Haning of the Specialty Tax Group, we explore how these studies can accelerate tax deductions, ultimately improving cash flow for manufacturers. John shares insights on identifying suitable properties, the study process, and the esse...

In this episode of Manufacturing Minute, host Megan Meador welcomes Nick Janda from the Specialty Tax Group to discuss how manufacturers can reclaim significant funds through R&D tax credits. They explore what qualifies as R&D, the benefits of these credits, and how businesses can navigate the application process. Nick explains the potential financial impact, revealing that companies can expect to...

In this episode of Manufacturing Minute, I, Megan Meador, dive into the significant changes surrounding Section 174 tax relief and what manufacturers need to know about the recent R&D capitalization fix. Joined by Nick Janda from the Specialty Tax Group, we explore the history and implications of these rules, which have posed challenges for companies engaged in R&D. We discuss the transition from...

In this inaugural episode of Manufacturing Minute, I, Megan Meador, am thrilled to welcome Randy Loman from Lake Turn Automation. Together, we dive into the transformative role of AI in finance, moving beyond the hype to uncover its real business value. Randy shares insights from his extensive experience in operations and IT, highlighting how AI can close productivity gaps in finance teams, enabli...