Consulting

Businesses of all sizes face many challenges which call for professional business advisors or consultants. Businesses engage advisors when they require a subject matter expertise, a neutral third party or project leadership resources.

At CRP we provide management consultants to solve business problems through a systematic approach. We begin with comprehensive fact gathering, which often reveals strategic and tactical opportunities to grow revenue, reduce expenses, improve processes, gain business insights and reduce risk.

Analytics, financial modeling, research and client interviews typically form a foundation for our consultants to help clients grow top line results while managing expenses. Some of the services we provide our clients include:

  • A thorough review of strategic and business plans. If there are no plans, we can discuss and facilitate development of those plans for your organization.
  • Financial statement analysis and review
  • Benchmark key financial ratios compared to industry averages for similar-sized businesses
  • Meet with management, key employees and essential staff

Our team of knowledgeable and experienced professionals have the vision and mindset to achieve success related to our Firm’s objective of meeting the needs of our clients. All of our business advisory service team members have a common focus on increasing profitability and increasing business value.  Our business management consulting practice consistently delivers client profitability with a continuing focus on the client’s expectations while continually making adjustments as needed.

Rounding out our business consulting practice, we provide CFO Services, exit planning and vendor contract compliance audits.

Meet Our Consulting & Analytics Experts

John J. Moller, CPA

John J. Moller, CPA

Co-Managing Partner

Michael J. Reynolds, CPA, CEPA

Michael J. Reynolds, CPA, CEPA

Partner

Industry Insights

Roth IRA Conversion

Roth IRA Conversion

During the pandemic, the value of many traditional IRAs dropped with the decline in the stock markets, so it may be time to consider a Roth IRA conversion. Lower income in the conversion year could also be a factor in this decision, since the conversion amount could...

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Past Market Declines

Past Market Declines

A war in Ukraine, inflation the highest it’s been in decades, ongoing supply chain constraints, and financial markets selling off for the first 6 months of the year has led to consumer confidence being the lowest ever recorded. As financial advisors, we are often...

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Taxation of Crowdfunding

Taxation of Crowdfunding

Crowdfunding was created to kick-start the funding of a project. Previously if someone was interested in acquiring funds, they had only a few options to do so. Those options included: raising money from family and friends, taking out a loan, or trying to gather all of...

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New Jersey Relief for Costs of Higher Education

New Jersey Relief for Costs of Higher Education

Beginning in 2022, there is good news for taxpayers who pay some student loans and/or tuition. The New Jersey College Affordability Act allows for three income tax deductions on New Jersey returns that are related to education. The caveat is that the gross income...

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Stock Market Decline: Should I Sell?

Stock Market Decline: Should I Sell?

2022 is off to a rocky start for investing with the S&P 500 index down over 20% at one point from its peak. Tech stocks have been hit particularly hard with the average NASDAQ stock down 50% from its high. With the consistent decline in the stock market this year,...

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