Food Industry

Whether you are a manufacturer, distributor or a retail grocery chain operator, it’s good to know your accounting firm can enhance your recipe for success.

Professional Oversight - Knowledgeable Insight

WISS has assembled expertise the likes of which will not be found at other accounting firms. While others may claim food industry knowledge, WISS is one of the few with a dedicated Food Industry Group. WISS represents many of the prestigious food and beverage manufacturers, distributors and retail grocery chain operators in the New Jersey metropolitan area. As a result, our Food Industry Group has intimate knowledge of the challenges and opportunities unique to the food industry.

Making the Complex Simple - the WISS Approach

Our client relationships are forged through frequent and open access to our partners, combined with a vast array of expertise and creative problem solving. With WISS, you will be advised by experts who not only understand the importance of high quality financial and tax services, but who also speak your language. At WISS, we strive to make the complex simple. Our work may be technically involved, yet our conclusions and recommendations are presented in plain English.

Services for the Food Industry

Accounting and Operations

WISS can help establish costs structures, budgets, inventory procedures, accounting policies, internal controls and other vital operational functions.

Audit and Assurance

At WISS, your audit team will be staffed by professionals who understand your business. We use the latest technology designed to streamline the audit process allowing us more time to interpret the results and define key management recommendations.

Tax Planning and Compliance

Our tax services start with rigorous and proactive tax planning. In the food industry, we will pay particular attention to take full advantage of all available tax credits and deductions. We can also advise you on LIFO inventory implementation, benefit plans, choice of business entity, exit strategies, and succession and estate planning.

Capital Assistance

With WISS by your side, many doors to the lending community are open to you. Our strong relationships with banks, asset-based lenders, equipment lenders and real estate lenders offer the extensive resources to meet all your financial needs.

Real Estate Services

Our real estate experts help protect your assets with insightful advice on everything from real estate taxes and property acquisitions to feasibility studies, market risk, lease negotiations or cost segregation studies.