The industrial products and services industry faces its own unique business issues. Mounting global competition and lower government infrastructure spending challenges revenue. More rigid regulations and rising component costs place more pressure on the bottom line. The last thing you want to worry about is property taxes.
We fully understand the national market — we track indexes daily and pay close attention to key market indicators that can impact value at any given time. In addition to valuation tax savings, we closely examine how and where the product is made, help quantify tax savings opportunities by understanding product mix and we study our clients’ businesses from start to finish. Knowing the ins and outs of your business — like where your product is used and by whom — can have a tremendous impact in helping control your tax expenditures. By analyzing many market factors for your product to include supply and demand as of the assessment date and its effect on pricing, our team can apply our in-house research to challenge the typical cost-equals-value approach utilized by many jurisdictions.