Johnson Price & Sprinkle, PA - Certified Public Accountants
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Industry Areas of Expertise
Targeted approach, proven results

Over the years, the team at Johnson, Price & Sprinkle has worked for a variety of clients both large and small, covering an array of industries. While the services we offer can be customized for any business, we have become familiar with several industries in particular:

Retail
At Johnson, Price & Sprinkle, we work with clients who sell everything from automobiles to furniture to clothing, as well as independent and franchised restaurants. We help identify issues related to pricing structure, management of inventory and maximizing position in an increasingly competitive marketplace. And our technology services professionals can help businesses choose the best point-of-sale software and train staff in its use.

Professional Services
Johnson, Price & Sprinkle has extensive experience working with professional-service practices including physicians, lawyers, engineers and architects. New companies seek avenues for securing startup capital and assistance with business plans, while established companies often need help overcoming stagnation due to factors both internal and external. And principals in any business eventually need help with succession or exit strategies to ensure that the assets they've built can be converted into long-term security and success.

Construction and Real Estate Development
Our construction and real estate clients include small residential builders, large commercial contractors, real estate developers and highway construction companies working on both private and government jobs. Regardless of the scope of the project, these clients are faced with numerous challenges on a daily basis, such as estimating, bonding, securing sufficient loans, maximizing labor efficiency and managing cash flow. We'll help set up an accounting process that will capture job costs, providing the necessary data for tax and accounting reporting.

ERISA
We have more than 25 years of experience designing, administering and auditing employee benefit plans, including medical, dental, welfare and retirement programs. These plans face extensive regulation under the Employee Retirement Income Security Act (ERISA) — regulation that has increased in the wake of recent corporate scandals. As a member of the ACPA Employee Benefit Plan Audit Quality Center — and thanks to extensive formal education and practical experience — our team is ready to help clients create and maintain plans that balance Internal Revenue Service, Department of Labor and human resources requirements while providing maximum benefit for employee and employer alike.

Manufacturing
Data accumulation for manufacturing clients must serve financial and tax-reporting needs while providing performance analysis that helps nurture a stable, competitive business. We help bring structure to these clients as they strive to boost production, streamline inventory and improve profitability. These businesses seek our advice in dealing with foreign competition as they search for opportunities for diversification — or even simplification — of product lines to help carve a deeper niche in the marketplace.

Cooperatives
Our cooperative clients provide many of the same services as our other clients, but with an extra layer of tax and legal restrictions. Our team is familiar with the special issues related to establishing bylaws, determining member allocations and making sure all records are in compliance with tax codes…all while guarding the confidentiality of each member. We have also provided benchmarking and advisory services for co-op owners. The ultimate goal is to maximize tax advantages while retuning maximum annual profit for each owner.

Not-for-Profit
While largely governed by volunteer boards and not bottom-line oriented, a healthy non- profit can't neglect the business side of operations. We help these clients — which include conference centers, camps, churches and social-service organizations — identify goals and objectives that lead to a stable financial picture. We can assist new organizations wishing to obtain 501(c)(3) recognition. And we guide boards of directors in understanding the reporting requirements necessitated by restricted revenue sources, including federal, state and private funding.

Trucking
Whether local, regional or national in coverage, trucking companies operate on a very thin profit margin. Client goals center on finding the ideal balance between drivers, fleet and available freight, breaking down the cost of each delivery and maximizing traffic lanes. Trucking clients also face decisions related to insurance, financing and capital needs. Our targeted approach to financial analysis can provide the tools to create a few extra cents' profit per mile and take the company to the next level.