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Jul 19, 2024
Rea & Associates Wins ClearlyRated’s 2024 Best of Accounting 5 Year Diamond Award for Service Excellence
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Rea & Associates Wins ClearlyRated’s 2024 Best of Accounting 5 Year Diamond Award for Service Excellence

Rea & Associates, a leading accounting firm, announced today that they have won the Best of Accounting 5 Year Diamond Award for providing superior service to their clients for at least five (5) consecutive years. ClearlyRated's Best of Accounting® Award winners have proven to be industry leaders in service quality based entirely on ratings provided by their clients.
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Jul 12, 2024
Unraveling the Nexus Knot: Why Your Business Can’t Afford to Ignore State Tax Connections
Article

Unraveling the Nexus Knot: Why Your Business Can’t Afford to Ignore State Tax Connections

Imagine this: Your small manufacturing company just landed a lucrative contract with a client in another state. You're thrilled about the growth opportunity, but unbeknownst to you, this single deal has just triggered tax obligations in a state where you've never set foot. Welcome to the complex world of state tax nexus.
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Jun 17, 2024
Mastering Inventory Management: The Key to Manufacturing Success
Article

Mastering Inventory Management: The Key to Manufacturing Success

Inventory management is a critical component that can make or break a company's success when it comes to manufacturing. Effective inventory management ensures that you have the right materials, in the right quantities, at the right time, and in the right place. By mastering this essential aspect of your operations, you can reduce costs, improve efficiency, and ultimately, boost your bottom line.
Jun 3, 2024
Koontz & Parkin joins Rea & Associates FAQs
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Koontz & Parkin joins Rea & Associates FAQs

Rea & Associates offers services far beyond that of a traditional accounting firm, including information services, managed IT, retirement plan consulting, wealth management solutions, as well as valuation and transaction advisory services.  
May 27, 2024
Building Your Budget: Moving Forward & Putting It All Together
Article

Building Your Budget: Moving Forward & Putting It All Together

Welcome to the second installment of our Comprehensive Budget Series. Previously we explored the why, when, and how of budgeting. In this article, we’ll focus on the practical steps involved in building a budget that aligns with your goals and supports your organization’s financial health. We’ll discuss strategies for allocating resources, making informed decisions, and addressing challenges that may arise during the budgeting process. No matter what type and size business you’re managing, the principles and techniques covered here will help you create a budget that sets you on a path to success.
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May 10, 2024
Become a Profitable Powerhouse: Financial Strategies for Manufacturing
Article

Become a Profitable Powerhouse: Financial Strategies for Manufacturing

In manufacturing, navigating financial complexities to support profitability and growth can be challenging. But with the right strategies, you can enhance your bottom line and set your business up for long-term success. Here's how:
Feb 27, 2024
Navigating Financial Success: Why and When You Should Embrace Budgeting
Article

Navigating Financial Success: Why and When You Should Embrace Budgeting

Do you know that a significant percentage of small and mid-sized manufacturing businesses do not have an annual operating budget? As you explore how a budget can drive important business decisions, this introductory article marks the beginning of our comprehensive budget series where we explore the why, when, and how of budgeting. Future articles will move you through the process and explain how to pull it all together. Let’s get started so you can understand how your business is performing!
 
Dec 20, 2023
Rea & Associates Announces Recipients of the 2023 Spotlight Awards
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Rea & Associates Announces Recipients of the 2023 Spotlight Awards

Rea & Associates, a leading regional accounting and business consulting firm, is proud to announce the winners of the 2023 Spotlight Awards. These awards honor exceptional employees for their significant contributions to the community, exemplary client service, innovative practices, and embodying the firm's core values. The recipients were celebrated at the firm’s annual retreat.
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Nov 13, 2023
Forging Success: Flextur’s Evolution with Rea & Associates
Article

Forging Success: Flextur’s Evolution with Rea & Associates

In the dynamic landscape of manufacturing, Flextur stands out as a strategic partner, providing innovative solutions for the industry's ever-evolving challenges. Flextur is a metal manufacturer with a product offering focused on industrial workflow solutions, that enable manufacturing plants to thrive. They also extend their expertise through contract manufacturing, serving as strategic partners for Original Equipment Manufacturers (OEMs), focusing not just on parts, but on comprehensive solutions.
Nov 10, 2023
Data-Driven Decision-Making for Manufacturing: Harnessing Big Data for Competitive Advantage
Article

Data-Driven Decision-Making for Manufacturing: Harnessing Big Data for Competitive Advantage

Staying ahead of the curve is essential to any business. To thrive in this competitive landscape, companies are turning to the power of big data analytics. Imagine removing the guesswork, having the ability to optimize production, streamline supply chains, and enhance inventory management – all at your fingertips. It's not just a dream; it's the promise of big data.

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