Consumer Products Accounting, Audit, Tax, & Advisory Services

In an industry that has no closing time, you’re burning the candle at both ends to keep up with the competition who also operates 24/7. E-commerce shifts, consumer trends and regulatory changes are just a few challenges consumer products companies face while trying to keep up with their customers’ demands. Withum’s Consumer Products Services Team works with a variety of consumer-based businesses, so we understand how slim profit margins and market share are impacting business operations. We show consumer products companies how to embrace market changes to stay ahead of the competition.

Consumer Products Industry Challenges

Consumer trends and desires shift quickly and often, which can impact your bottom line negatively if you’re not prepared. Younger demographics are forcing consumer-based businesses to engage with their buyers in new ways.
Our Solutions

Brick-and-mortar shops are quickly becoming less frequented as e-commerce continues to grow. Consumers enjoy the simplicity and convenience of ordering groceries, clothing and takeout from the comfort of their home. But, for businesses, that expanded consumer base brings complex tax liability.
Our Solutions

Innovative small businesses are enhancing the value of consumer goods. Whether operating on their own or catching the eye of larger corporations for acquisition, the investment opportunities are increasing for consumer products companies.
Our Solutions

The economy brings in a realm of uncertainty and unpredictability. Businesses are subjected to product volatility, international competition and trade rules, forcing companies to evaluate their supply-chain management.
Our Solutions

Custom-Made Solutions for Consumer Products Companies

Consumer Products Accounting Services

Accounting and financial audits
Outsourced accounting
Cash flow analysis
Payroll assistance budgeting and forecasting
Tax services
- Business tax
- Sales and use tax
- Research and development tax credits

Consumer Products Advisory Services

Inventory management
Strategic planning
Benchmarking analysis
Point-of-sale accounting systems and analysis
M&A advisory
Buy- and sell-side due diligence
Cybersecurity assessments
IT managed services
Network penetration testing
Succession planning
Employee compensation and pension plans
Union negotiations
Supply chain management

Testimonial

Fred Mandato, CFO | Greyson Clothiers, LLC

I'm delighted with this professional relationship with Withum being a trusted advisor to Greyson. I look forward to working with you at year-end and beyond