Bar and Restaurant Accounting

By utilizing a restaurant accounting professional, you will remove one of the challenges of owning a bar or restaurant – the daily pressures of the finances. Having our Springfield, OH CPA firm on your team will ensure your numbers are correct, your cash and assets are safeguarded, know if you are making money and what areas you need to improve efficiencies and implement systems.

It doesn’t take a bar or restaurant entrepreneur long to realize how much daily work there is to do and how little time there is to do it in. Leave the bar and restaurant accounting work to our team of experts so you have time to focus on the menu, customer attraction and engagement, atmosphere, vendors, staff and all other facets that go into the day to day operations of a bar or restaurant.

Knowing your numbers will be vital to your short and long-term success. This includes where you are spending your money, how much you are spending, understanding revenue sources, returns on your spending, net profit and helping to implement systems. Don’t let all your hard work and invested capital go down the drain because you didn’t keep an eye on the finances of your establishment.

Specialized Services for Bars and Restaurants

BGMF CPAs has both knowledge and experience working with a variety of bar and restaurant establishments from traditional accounting and tax services to specialty services affecting the industry specifically. Call us today at 937-325-0623 to learn more or request a consultation online now. Below is a small list of ways our firm can assist:

• Accounting system implementation
• POS system implementation
• Financial reporting
• Cash flow management
• Daily, weekly and monthly reporting
• Payroll assistance
• Tracking inventory
• Safeguarding cash and other assets
• Analyzing profit margins and prime costs
• Tax planning and preparation
• Tax credits
• Growth and expansion strategies