Precious resources are abundant in Idaho and Oregon. Timber and mining are two such assets that create many economic opportunities by contributing billions of dollars to the two states GSP’s, developing jobs, and providing the supplies needed to rebuild America. Idaho’s wood and paper industries account for nearly one-fifth of all the labor income generated in the state, and more than one-tenth of the state’s total employment. Oregon has been the leading softwood producer in the nation for over 25 years, and accounts for 7% of the state’s GSP.[i]
Like farming and ranching, particular industry expertise is required to serve as a trusted advisor to these businesses. With four decades of experience, our staff has 100 years of combined service, knowledge and expertise to guide our clients through the challenges they face; commodity volatility, recent banking and real estate crisis, global demand uncertainty, rising input costs, high capital demands and costs, increasing taxes and royalties, and industry consolidation.
Let Nichols Accounting help you navigate changes amidst uncertainty. Some of our services include:
- Risk Analysis
- Cost Depletion Analysis
- Bank Finance Assistance
- Business Valuations
- Mergers and Acquisition Assistance
- Cash Flow and Budget Forecasting
- Employee Benefit Plan Design Assistance
- Enterprise Advisory
- Internal Control Review
- Strategic Planning
- Succession Planning
- Business Tax Return Preparation
