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Restaurant Financial Management, Tax, Accounting & Advisory Solutions

Feeding a healthy bottom line for restauranteurs

Regardless of whether you’re a franchisee, franchisor or standalone, independent restaurant owner, owning a restaurant is complex. Shifting dynamics in the industry have brought about poor growth, rising costs and a shortage of qualified labor.

From managing and controlling inventory, analyzing data from your point of sale (POS) system to identify issues and opportunities, dealing with a multitude of employee issues, or staying in compliance with sales and other tax compliance and reporting requirements, finding the path to a healthy bottom line can be quite challenging.

Restaurant Accountants

Whether you’re operating a single location, multi-location or multi-state restaurant, balancing everything you need to get done is a challenge. The right principal on your team can be instrumental in your continued success. Customized solutions are within reach, including integration and cloud solutions for making the best decisions based on the data you already have across your platforms. Another example is inventory control and management for ordering and maintaining supplies while decreasing waste and driving up profits.

Undoubtedly, there are many dynamics at play for quick-service (QSR), fast-casual, and full-service restaurants. Don’t ‘86’ the available opportunities to adapt and position yourself for continued financial success.

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A RESTAURANTER’S PERSPECTIVE…

“Our company has received excellent service in all aspects of the business.”

James Hamlin – Kobe Steak House of Japan, Wichita, KS

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Accounting, Tax, and Consulting Services for Restaurants

Agreed Upon Procedures, Review and Compilations

Services for providing insight into the accuracy and validity of your restaurant’s accounting and financial information to discover and correct issues, install controls, assist with financial decision making and respond to 3rd party financial information requests.

Learn more about agreed upon procedures and reviews and compilations.

Outsourced Accounting, Controller & CFO Services for Restaurants

For restaurants seeking to make managing their business easier via outsourcing back-office accounting functions like:

  • Payroll
  • Accounts payable
  • Accounts receivable
  • Analyzing areas for automation
  • Implementing cloud-based solutions
  • Training staff on new software and procedures

Learn more about how restaurants can use outsourced accounting, outsourced controller and outsourced CFO solutions.

Restaurant Audits & Attestation

To describe a restaurants’ financial health, management and others need financial statement audits. This includes the accuracy of its financial statements today as well as tomorrow’s opportunities and challenges.

Learn more about audit and attestation services.

Restaurant Business Advisory and Consulting

For restaurants seeking guidance in areas in areas such as strategic planning, growth opportunities, business transformations, or selling, merging or transitioning their businesses in response to new situations.

Learn more about business advisory and consulting services.

Restaurant Managed IT & Cybersecurity Services

For restaurants seeking technology support to help streamline and enhance their business operations while securing valuable data from bad actors and cyber threats.

Learn more about restaurant managed IT services and cybersecurity services.

Tax Planning and Compliance for Restaurants

Tax minimization strategies and tactics at the corporate level with a focus on capturing relevant federal and State of Kansas incentives, credits and deductions for restaurants.

Learn more about tax planning and compliance for restaurants.

Tax Planning and Compliance for Restaurant Owners

Tax minimization strategies and tactics for restaurant owners with a focus on opportunities under the new Tax Cut and Jobs Act and recent changes to State of Kansas tax requirements. We also help with tax strategies related to succession planning and exiting the business.

Learn more about tax planning and compliance for restaurant owners.

Trust Solutions

Protecting your business and family legacy requires more than a will or estate plan. As a restaurant owner or operator, managing your trust and estate responsibilities can feel overwhelming without the right support. Families often face complex decisions and ongoing obligations that require time, care and experience. Trust solutions provide steady, independent guidance to help administer your trust, manage assets and carry out your wishes to preserve your legacy for generations to come.

Learn more about trust solutions for you and trust solutions for your beneficiaries.

Wealth Management for Restaurant Owners

We help restaurant owners and their families develop and implement customized strategies for achieving long-term goals, strengthening your financial security and maintaining your quality of life.

Learn more about personal financial planning services and group benefits and retirement plan services.

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