We understand the specialized markets in which you operate and provide tailored solutions to meet your unique business needs.
Our comprehensive suite of business services combines industry expertise, market knowledge and professional insights.
MNP is a leading national accounting, tax and business consulting firm in Canada.
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With over 450 dairy processors in Canada and counting, this significant segment of our nation’s food and beverage industry is full of opportunity. In fact, dairy products represent 15% of all products shipped within the Canadian food and beverage industry. This robust industry employs over 20,000 people and generates over $14 billion in annual sales.
Yet the dairy industry also brings many unique considerations. From a strict and ever-evolving regulatory regime to dietary trends to global producers infiltrating Canada’s dairy market – only dairy processors with a clear vision and streamlined operations will truly prosper within this rewarding yet potentially challenging sector.
Today’s dairy processors know that ensuring the safety of their products is an essential part of their success. Failing to implement and maintain internal controls, an unreliable or untested supplier or producing an unsafe product can cost your business everything – including your reputation and strategic position. We assist dairy processors with several aspects of food safety, including traceability studies to identify and assess your supply chain, as well as product recall strategies in the event your business is forced to undergo a recall. In addition, we help prepare your business for any operational risk through our Enterprise Risk Services . Whether you require an emergency response plan for a physical catastrophe like a fire or natural disaster or are looking to identify and mitigate your key risks on a day-to-day basis, we help protect your people, assets, reputation and technology.
While you are responsible for the successful beginning and growth of your dairy operation, eventually you will need to transition out of the business you’ve worked hard to build. Our ExitSMART™ program is one of the most comprehensive succession planning initiatives on the market, accounting for every aspect of the succession process. We work closely with you on tax and estate planning, wealth and asset management and valuations – so your business can thrive well after you’ve left. Starting this process early can help ease the transition that much more.
Our specialists work closely with you on:
No matter what stage your dairy operation is at, MNP offers a complete suite of tax and assurance services that go well beyond traditional accounting. We work closely with our beverage processing clients to customize a tax strategy and structure that seamlessly integrates with existing business processes, providing you with added value. Our unique approach to both tax and assurance helps you control costs, streamline operations, ensure compliance and cultivate opportunities for growth and expansion.
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