How to save money on bookkeeping without doing it yourself

The economic slowdown has consumers spending less per meal and dining out less frequently. Now more than ever, you the restaurateur need crystal clear insight into the financial health of your operation. If you are relying on outdated monthly P&L reports to see how you’re doing, or worse, working overtime trying to figure it out yourself, you may be harming your business without knowing it.

Errors cost you thousands of dollars over time, and create a ripple effect that eats away at your profits little by little…until it is literally too late to act.Fortunately, a better way exists that not only saves you loads of money and time, but actually increases your profits—outsource your bookkeeping to a professional accounting firm.

Here’s why…

As long-time business owners and restaurant accountants, we are intimately aware of the financials pressures you as a restaurant owner face. We went intobusiness because we discovered a missing link in the financial service chain. At one end, CPA’s and tax accountants provided tax services and historicalreporting to restaurant owners. But, once they completed their work, a month or two had passed, and by that time it was too late to take any meaningful action on this financial information. 

On the other side of the chain are in house or freelance bookkeepers, often times data is input incorrectly or not on a timely basis and, as a result, the owner doesn’t have solid financial information to make informed decisions. You know the old saying, “garbage in equal’s garbage out!”

Our solution is to provide the missing link in the financial service chain. We handle the data entry, bill paying, bank account reconciliation all the waythrough the financial statements. We specialize in producing restaurant tuned financial reports and financial advice so you get true insight into your operations and can react to your business on a real time basis, 24/7.

We have helped restaurants such as Giuseppe Fine Restaurants, O Brothers and Spicy Pickle gain financial insight into their operation and help them become more profitable to name a few. 

Before enlisting our help, one of our clients had cut their employees hours to make ends meet. As a result, morale suffered and employees seemed to not work as hard. Within weeks of becoming our client, we helped them increase their profits enough to give their employees more hours.  Suddenly, employees were happier and more effective in their jobs.  A few simple changes to their accounting practices made all the difference.

Once you become one of our clients, you will be amazed out the amount of administrative and accounting relief you receive. As you know, running youroperation is a time intensive undertaking, freeing up your time to focus on bringing in new business through your door will have an immediate impact on yourbottom line. You will also have the pulse on your food and labor costs, enabling you to make immediate changes or adjustments that simultaneously drop to your bottom line.

In some cases we find that larger restaurant operations or groups may not need our help since they have their own internal accounting department and CFO. But in many cases the smaller operator who decides not to engage our help will often find that they are still working long hours, not making much money and just treading water to stay alive in this challenging economy. And many times, these owners become one of the unfortunate restaurant failure statistics.

They don’t realize that outsourcing their bookkeeping and accounting could have a substantial positive impact on their business and help them regain their quality of life.

Benefits to Outsourcing

• Consistency of information
• Timely reporting
• Benchmarking to similar operations 
• Comparative financial reporting
• On-line accessibility of accounting data
• Sales Tax (Meal tax) quarterly reporting
• Year to date budget comparisons

Get Started Today:

1) Contact us now – For A Free Consultation which includes an Accounting Assessment personally tailored to your business

Phone 619-819-0252 ext 1

Email support@proftiwiseaccounting.com

2) We’ll determine your exact needs according to your budget

3) Leave the rest to us.

There is no risk.  Our accounting services are 100% satisfaction, money-back guaranteed for 60 days–no questions asked!

What if you could free up more of your time to do bring more customers through your door, instead of spending your “day off” doing bookkeeping?

What if instead of guessing about your financials, you could see exactly how your company is doing at a glance 24/7 by simply logging into your back office?

What if you could start to systemize your business by outsourcing your accounting, so you could focus on growth and profitability?
 
If any of the above sounds good to you, then Contact Us now for a free consultation and personally tailored Accounting Assessment.
Phone 619-819-0252 ext 1