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
Co-Managing Partner
Michael J. Reynolds, CPA, CEPA
Partner
Industry Insights
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,...
2022 Outlook – Money Watch
Economic & Market Outlook for 2022 Economy: The United Nations is forecasting global economic growth at 4.0% for 2022 while most forecasters have US GDP growth somewhere between 3.5 and 3.8%. These forecasts come in above the long-term trend but much lower than...
Taxation in the Cannabis Industry
As cannabis has become legal recreationally across various states in America, the question of taxation now comes into play. Various tax paradigms have been implemented where cannabis is legal that the NJ Legislature could adopt. These schemes include taxation by...
NJ to Employers – Mind Your ABCs or Else
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Nonprofit Reporting of Non-financial Contributions
Starting soon, the financial statements of nonprofit organizations will contain lots more information about the non-financial contributions they receive, such as fixed assets, materials, supplies, intangible assets and services. FASB ASU 2020-07 requires that:...
CASA Toy Drive
For years, our Team has adopted families for the holidays. This effort is always coordinated by Maureen Wild, who even happily shops for the non-shoppers among us. Last year we did something a little different and had a toy drive for the children served by CASA (Court...