Financial Strategies for the Food & Beverage Industry

Accounting and Tax Services for Small and Mid-Size Food and Beverage Companies

Why Choose RINA?

In today’s unpredictable and ever-changing marketplace of business consolidation, intense competition, legislative changes, and rapidly expanding regulatory pressures, the food and beverage industry is facing its toughest challenges in many years. Owners, manufacturers, distributors, packers, and retailers need more than a CPA firm — they need a trusted business advisor who can help them navigate these challenges every day, avoid risks, take advantage of opportunities, and plan for the future.  

At RINA, we know the food and beverage industry and we attribute the success and growth of our Food & Beverage Practice Group to the talent, expertise and industry experience of our professionals. We leverage our knowledge of the entire supply chain, from plant to consumer and all points in between, to deliver industry-specific solutions to help our clients achieve their business objectives.  We get to know our clients and provide proactive ideas and value-added solutions to assist them in achieving their unique business and financial goals. 

RINA’s Experience

RINA’s Food & Beverage Practice Group has extensive experience providing tax, accounting and advisory services to the food and beverage manufacturing industry. Our experienced professionals have an in-depth understanding of the unique operational issues that food and beverage companies face and their need for specialized financial strategies and solutions.  We provide services to a wide range of food and beverage industry clients, from well-known brands to entrepreneurs, and from the manufacturing process to product delivery.  We have experience in many areas, including:

  • Packaging
  • Environmental Issues
  • Storage
  • Equipment Financing
  • Private Labeling
  • Gross Profit Analyses
  • Distribution Channels
  • Scenario Planning
  • Benchmarking
  • Pricing of Goods
  • Transportation Issues & Route Systems
  • Manufacturing Process Improvement

The RINA Food & Beverage Practice Group works with an extensive range of food and beverage companies that operate in a wide variety of specialized areas, including:

  • Wholesale Bakeries
  • Wineries & Vineyards
  • Distributors
  • Chocolatiers
  • Snack Food Manufacturers
  • Franchise Owners
  • Restaurants & Foodservice
  • Specialty Artisan Foods
  • Grocery Stores
  • Frozen Foods
  • Candy Bar Manufacturers
  • Farmers and Growers
  • Fruits & Nuts 
  • Caterers
  • Salumi Meats & Prepared Foods
  • Canned Fruits and Vegetables

Additional Services

In addition to traditional tax and audit services, RINA provides:

  • Cash Flow Management/Projections
  • Key Performance Indicators
  • Cost Analysis 
  • Manufacturing Cost Comparisons
  • Financing Arrangements
  • Equipment Acquisition
  • Worker’s Compensation Analysis
  • Depreciation & Cost Expensing
  • Inventory Controls
  • Tax Credits & Manufacturing Deductions
  • Employee Stock Ownership Plans
  • Cost Segregation Studies
  • Employee Benefit Plan Audits
Our experienced professionals can also provide assistance with second and third generation transitions and managing the dynamics and challenges of family-owned businesses.