Best Practices: How Some Distributors Do Better Than Others

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While the economy is improving, continued pressures from volume challenges, pricing resistance, and volatility of fuel costs have limited operating performance of distributors. There are steps that thoughtful owners and managers can take to enhance the value of their businesses and protect your most important personal, and sometimes family, asset.  A small number of companies exhibit all of the practices shown below; however, adopting even a few will help improve performance and build a sustainable business for the future.

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The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.


About the Author

Keiter CPAs is a certified public accounting firm serving the audittax, accounting and consulting needs of businesses and their owners located in Richmond and across Virginia. We focus on serving emerging growth businesses and companies in the financial servicesconstructionreal estatemanufacturingretail & distribution industries and nonprofits. We also provide business valuations and forensic accounting servicesfamily office services, and inbound international services.

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