A restaurant can be a highly rewarding, profitable. As an owner, you bring your heart and soul to your business every day. It's your passion. Whether you own an original restaurant or a franchise, this business can be volatile and full of risks. Margins are tight. Sales fluctuate monthly. Weekly. Even hourly. You require complex forms of insurance. Regulatory requirements are many—from tax laws, to health codes, to employment regulations. Bonadio has deep experience working with restaurateurs, and we have a long history of strong advisory relationships with businesspeople like you. Our dedicated team is here to help you fulfill your reporting requirements, of course. But we welcome restaurant owners to our table to talk about how we can help grow their businesses, maximize profits, and protect hard-earned reputations from fraud and abuse.
Bonadio has experience in so many areas crucial to success in the restaurant business. We offer:
- Startup assistance, such as business plans, accounting system set-up,and menus costing.
- Compliance consulting such as advice on complex tip laws.
- Benchmarking studies and strategic planning.
- Help in securing financing.
- Franchise operator services, from reporting requirements to required financial statement formats.
- Weekly Profit and Loss Reporting tools to produce simple and meaningful daily and weekly internal reports.
- Lease structure and negotiations.