Industries

Manufacturing's challenges today are multi-dimensional: attracting qualified entry-level workers, adjusting to new technologies, managing high utility rates, transportation and insurance costs, high taxes, burdensome regulations, worker compensation issues and increasing health insurance costs. There is a dramatic transformation occurring around global economy, making foreign and national competitors a bigger factor in today's manufacturing industry. We at HJN are aware of these challenges and are here to help.

Wholesale distributors face some unique challenges in today's environment. E-commerce requires distributors to be ready to change systems to keep up with changing customer behavior. Other challenges affecting wholesale distributors' include implementing cost-effective merchandising efforts, dealing with returned products, lead times, achieving efficient space management, being able to respond quickly to unexpected crises, standardizing procedures, identifying weak links in the distribution chain, and managing financial risk. Please contact HJN if you'd like to discuss potential solutions to any of these challenges.

We understand the challenges unique to retail distributors in today's environment. Retailers must be on the forefront of technology as it relates to E-commerce and be flexible with their systems to respond to changing customer behaviors. Other issues affecting retail distributors include implementing cost effective merchandising efforts, anticipating trends and related inventory management, dealing with returned products, standardizing procedures, identifying opportunities for improvements in the distribution chain, managing financial risk and being able to respond quickly to market conditions, customer demands and unexpected crises. HJN is here to assist you with any of these concerns.

Construction contractors today are facing challenges around competitive bidding and rising insurance costs at a time when the country is trying to recover from tough economic times. The unique challenges affecting the construction industry include managing financial risk, dealing with union issues and the possibility of job-site disruptions, project schedules and budgets, loss control and claims management, workers compensation programs and striving to maintain safe work environments. We at HJN are familiar with these challenges and are here to help.

The effects of changes in the economy and public policy are hot topics in real estate today. Real estate professionals face many challenges: tighter loan underwriting, higher risk-adjusted rates, understanding the econometrics of property price prediction and the risk of income-property defaults are just a few. Contact HJN to discuss solutions to these challenges.

We realize professional service companies have unique and multi-dimensional challenges in today's environment. Competition comes not only from other professionals but from on-line resources providing free assistance. Other challenges include understanding the implications of political and regulatory issues, anticipating trends and changes in technology, continuous training of employees and gaining insight into customers needs because customer retention is hugely important. HJN is familiar with the struggles professional service companies are facing and we're here to assist you with your concerns.

We understand that Not-For-Profit organizations and Foundations have unique challenges in today's environment: following federal, local and state guidelines and requirements, finding qualified financial experts, satisfying both organizational and operational tests to maintain exempt status and maintaining strong internal control, accounting, governance and disclosure practices. HJN offers expert accounting services and counsel to assist you.

In the long term, growth in the equipment rental and leasing industry is largely influenced by the economic growth rate, interest rates and the supply of financing for new equipment along with the stability of the credit environment and federal legislation. The equipment leasing industry continues to enjoy growth into the twenty-first century and will be complimented with interest in e-commerce and e-tailing. The issues of maintenance and support are significant, and lessors are often bundling training, software, maintenance and support into their contract to make leasing more attractive. We at HJN are here to support you in the challenges you're facing.

Employee benefit plans have unique and multi-dimensional challenges in today's environment: following federal guidelines and requirements, dealing with both state and local issues to avoid unanticipated liabilities, finding qualified financial experts and independent auditors, satisfying both organizational and operational tests to maintain exempt status and maintaining a road map for good accounting, auditing, governance and disclosure practices. We are members of the Employee Benefit Plan Audit Quality Center. The Center was established by the American Institute of Certified Public Accountants (AICPA) and is a firm-based voluntary membership center for firms that audit employee benefits. HJN would like to help you maintain what you have and encourage and facilitate new enterprise and growth by offering expert audit services and counsel.