The Accounting Current - April 2025

brought to you by Tupelo

Happy April! 🧾✏️


It’s that magical time of year when coffee consumption spikes, inboxes overflow, and “Just checking on that receipt...” becomes your favorite email opener.

Welcome back to SMB Current – Accounting Edition. Last month, you all continued to crush it—despite it being the crazy time of year, accountants still used Tupelo’s free valuation tool to add real value for their clients (and maybe even spot a few hidden easter eggs). Check out the sample we have from a profitable boutique manufacturer. 

This month, we’re diving into the thick of tax season with:

đź§ľSmart tech that saves you time
đź§ľIndustry updates you actually care about
đź§ľTips for growing your firm, even in the midst of tax season

-George Wellmer, CEO and co-founder of Tupelo

Did you know? 80% of businesses that go to market never sell. The top reasons?? Owners don’t know what their business is worth or how to sell it. Tupelo gives you real-time insight into your business valuation, so you’re always prepared.

Curious? Check out a sample valuation here:

Tahoe Manufacturing ValuationTupelo Valuation4.36 MB • PDF File

đź“° Accounting Press

Liberation Day: Accountants, Start Your Spreadsheets

Well, it’s official: Liberation Day wasn’t just a headline—it’s a full-on business earthquake. President Trump’s tariff-fueled moment (you saw the board, right?) is already sending ripple effects through companies of all stripes.

The big question now: who eats the cost?

“About half of CFOs are planning to pass the tariffs on to customers,” said Tom Hood, EVP at AICPA & CIMA. “The other half? They're getting creative and hunting for savings elsewhere.”

Either way, accountants have some legwork to handle this uncertainty.

With supply costs set to rise, businesses are scrambling to update forecasts, run scenario models, and figure out whether buying local could soften the blow. And while some companies might cash in on the spending shift, others are gearing up for margin math no one’s excited about.

Expect a surge in financial modeling, competitor pricing analysis, and some good old-fashioned spreadsheet sorcery. From revised forecasts to revamped reporting, the finance team’s about to be very popular.

Bottom line: The tariff era is back—and if you're not planning for it, you're already behind.

🛠️ Accounting & Bookkeeping AI Tool of the Month

LiveFlow​ is a financial analytics platform that integrates real-time data from accounting software like QuickBooks into Google Sheets and Excel, automating financial reporting and consolidations. This enables finance teams to create up-to-date, customizable dashboards and reports without manual data entry, enhancing efficiency and accuracy.

🦜SMB Squawk Box  

Home Services - M&A Transaction Multiples Based on Seller’s Discretionary Earnings:

Manufacturing - Seller Discretionary Earnings

Click below for a detailed blog post!

Q1 - Low

Median

Q4 - High

Oil and Gas Field Machinery and Equipment Manufacturing

2.38x

3.85x

7.00x

Aircraft Parts Manufacturing

2.85x

3.50x

7.30x

Structural Metal Product Manufacturing

2.05x

2.40x

5.40x

Wood Product Manufacturing

2.25x

2.90x

3.75x

Fabricated Structural Metal Manufacturing

3.00x

4.80x

7.80x

Power Tools & Other General Purpose Machinery Manufacturing

2.50x

2.80x

6.40x

Office Furniture Manufacturing

2.53x

3.95x

5.80x

Truck Trailer Manufacturing

2.00x

4.31x

6.25x

Footwear Manufacturing

2.50x

3.00x

4.24x

Sheet Metal, Window and Door Manufacturing

2.18x

3.00x

4.10x

Medical Device Manufacturing

3.00x

3.40x

6.50x

Auto Parts Manufacturing

3.00x

3.40x

6.50x

Plastic Film, Sheet & Bag Manufacturing

2.20x

2.95x

4.10x

Aircraft, Engine & Parts Manufacturing

2.40x

3.90x

8.00x

Cabinet & Vanity Manufacturing

2.00x

2.30x

4.30x

Billboard & Sign Manufacturing

2.00x

2.50x

5.90x

Construction Machinery Manufacturing

2.10x

3.15x

3.90x

Industry Overview, Market Size/Projections, Key Financial Metrics, Future Outlook and more

Tupelo’s industry reports get thousands of views monthly by owners, buyers, and your fellow brokers.

Tupelo offers proprietary business valuations. This introductory call will outline the next steps and help determine if we’re a good fit to work together. Looking forward to discussing your business valuation.

👉️Growing your practice Tip

George Wellmer, CEO Tupelo
Email: [email protected]
Phone: (248) 832-6919
Website: www.tupelosmb.com
Linkedin: www.linkedin.com/company/tupelosmb