Restaurants

Even if your restaurant does not require audited financial statements, well-prepared and compiled statements are essential to secure loans and other funding to meet investor and vendor requirements. We provide restaurants with audit, review and compilation services to meet the industry’s reporting needs, including Franchise Disclosure Document compliance.

Our outsourced accounting professionals help restaurant owners spend less time running their businesses and more time leading it. Our solutions help you practically manage cash flow, track receivables, organize financial paperwork and maintain tax compliance so that you can optimize performance and growth. Learn more from our Accounting Software Selection E-Book.

We help you achieve success by applying the right accounting method and understanding the impact of budget, cash flow management, risk advisory and payroll.

Your entity structure matters for tax purposes as much as your ability to meet operational goals. For new restaurant owners and existing operators considering an entity change, we advise on available entity types and which one best fits your business for funding sources, partner involvement, personal liability and your exit strategy.

The growth of your business is exciting, whether by expanding and upgrading your current facilities, combining forces with another restaurant group or looking to partner with private equity groups. Our professionals can help develop and support your growth strategy at every phase, whether navigating the current tax environment for capital expenditures and deductions or advising during a transaction with financial modeling, tax projections and due diligence.

We provide tax consulting tailored to your unique needs in the restaurant industry. In addition to regular preparation and filing of tax returns, we provide personalized federal, state and local tax planning and projections for multi-jurisdictional restaurant operations. Our experts are also well-versed in a wide range of specialized tax credits and deductions for the restaurant industry, including Research and Development Tax Credit, Work Opportunity Tax Credit and pass-through entity deductions.

The right technology support can help your restaurant business drive operational efficiencies, track expenses and food waste, keep an eye on labor, monitor food inventory and ensure your accounting system is up to date. We can help you identify and implement the best technology solutions for your business, including training back-office staff on their use and maintaining PCI compliance to address payment card data security.