CFO’s Post

Timely points for consideration by corporations looking to move or expand operations in today's CFO featuring insights of Todd Carpenter of Baker Tilly US. Further, as a mid-market C&I professional, I'll add that in addition to the great real estate priorities and incentives listed for consideration, there are often other pros & cons for an operating company to factor once zeroing in on markets for final consideration. Case in point, using my own great state of WI as an example while giving kudos for continued innovation & relocation/expansion benefits on how [we] can help lessen the burden on a CFO [and multiple engaged Professional Services Partners, as prudent for the scope of the endeavor]. Of note, I am fortunate to have been engaged among several leading trade & industry specific organizations in 2022 & 2023, to form my opinions and insights offered. Having the foresight to anticipate how the US would become well positioned as a nation, to lead this next chapter of Industry 4.0s over-due (re)formation which will align with a new framework, soon to unfold by the incoming administration, cabinet confirmations, and subcommittee hearings. I suspect we will see a higher level of bipartisanship, meaning quicker deployment & adoption of "ground rules" for our vital US supply chains to follow. I anticipate prosperity and growth in aspects of mid-market while [we] decouple from complex and often conflicting regulations that are proving to be outdated in today's modernizing digital/global times. Soon, we will find our vital US mid-market suppliers to domestic, international, and multinational OEMs executing at a more efficient & higher margin - maximizing capacity & capability - by incenting the proper output metrics. To explain further in layman's terms [not being an economist or government official] I anticipate this will allow the "nitpicking" of if/then types of debate over regulation to diminish while still holding supply chains accountable for things like scope 1-3 emission. In order to achieve this [we] will need our lower-mid & mid-market companies to [begin] capturing the output data needed, soon becoming reported per the T&C of future PO's issued by OEMs, in order to capture the real picture of conservation/consumption/emission of their goods produced & sold globally. In this transformation shift, I'd imagine that there will be a target date set for data compliance for RFQ/RFP submissions to be considered, pondering process. I also see WI being forward-thinking, meeting multiple matters such as housing for workforce & doctoral students - while understanding the emerging need for "certificate programs" which upskill/reskill EE in many specific NAICS/SIC enterprise specialties. Leading great conversations to ensure our state remains a leader and pro-manufacturing/supply chain hub, inclusive of R&D talent available through a robust system, we are well equipped to help companies get ahead of their needs - happy to collaborate further!

Real estate and construction professionals: Looking for the latest technical updates, technology solutions, accounting methods, and more? Join our tax specialists on October 29 for a deep dive into the essentials as you continue growing your business. Register here to earn CPE. #realestate #construction #taxcredits https://okt.to/w6bQmx

Real estate and construction professionals: Looking for the latest technical updates, technology solutions, accounting methods, and more? Join our tax specialists on October 29 for a deep dive into the essentials as you continue growing your business. Register here to earn CPE. #realestate #construction #taxcredits https://okt.to/ZIvgRJ

Real estate and construction professionals: Looking for the latest technical updates, technology solutions, accounting methods, and more? Join our tax specialists on October 29 for a deep dive into the essentials as you continue growing your business. Register here to earn CPE. #realestate #construction #taxcredits https://okt.to/Oa3kjm

Real estate and construction professionals: Looking for the latest technical updates, technology solutions, accounting methods, and more? Join our tax specialists on October 29 for a deep dive into the essentials as you continue growing your business. Register here to earn CPE. #realestate #construction #taxcredits https://okt.to/fKauDX

Real estate and construction professionals: Looking for the latest technical updates, technology solutions, accounting methods, and more? Join our tax specialists on October 29 for a deep dive into the essentials as you continue growing your business. Register here to earn CPE. #realestate #construction #taxcredits https://okt.to/SLmWCB

Cities across the country are currently finalizing their budgets. But budgeting is just one ingredient in a city's financial success. Budgets are, or should be, the implementation phase of a long-term financial plan, part of a longer, cascading process that engages stakeholders at every level. If you think about city governance as a kind of recipe, there are five key ingredients: 🔹The strategic plan 🔹A long-term financial plan 🔹The budget 🔹An annual financial report 🔹The auditor’s report on internal controls Learn how the ingredients can work together here from Mark Funkhouser, municipal finance expert and president of Funkhouser & Associates, here: https://lnkd.in/exfxKayD #publicfinance #citybudgets #auditing #financialplan

Real estate and construction professionals: Looking for the latest technical updates, technology solutions, accounting methods, and more? Join our tax specialists on October 29 for a deep dive into the essentials as you continue growing your business. Register here to earn CPE. #realestate #construction #taxcredits https://okt.to/fF4JGb

Real estate and construction professionals: Looking for the latest technical updates, technology solutions, accounting methods, and more? Join our tax specialists on October 29 for a deep dive into the essentials as you continue growing your business. Register here to earn CPE. #realestate #construction #taxcredits https://okt.to/O67ZDr

Real estate and construction professionals: Looking for the latest technical updates, technology solutions, accounting methods, and more? Join our tax specialists on October 29 for a deep dive into the essentials as you continue growing your business. Register here to earn CPE. #realestate #construction #taxcredits https://okt.to/Sx6DkO