Full-service Restaurants/Bars

Managing a successful restaurant / bar in this highly-competitive and demanding environment requires constant awareness of every issue impacting your bottom line. Our consultants don’t just meet at restaurants to discuss business – we know the restaurant business. We work with individual restaurant owners as well as restaurant management groups to help improve profitability and operational efficiency. Our food service team does this through experienced accounting, tax and advisory services each designed for our client’s unique needs.

Specialized restaurant/bar consulting services:

• Tax strategies for real estate/new location acquisition
• Develop internal staff and financial organizational structure programs
• Cost segmentation for new restaurant locations
• MIS systems and information (selection and implementation)
• Maintaining fixed asset ledgers – GAAP and tax basis
• Federal, state and local tax credits, including empowerment zone, employment & tax increment financing
• Best practices in the restaurant industry
• Organizational structure
• Food sales analysis and purchasing controls
• Cash flow management and projections
• Tip reporting requirements
• Regulatory and licensing reporting

Traditional core services:

• Accounting, audit, review and compilations
• Tax planning, compliance and consulting
• Mergers and acquisitions
• Capital acquisition – financing
• Strategic business and succession planning
• Estate, personal financial investment and insurance planning
• Benefit plan administration, consulting & audits