Case Study: Giuseppe Restaurants & Fine Catering
The Business
Giuseppe Restaurants and Fine Catering of San Diego and La Jolla is a prominent catering service that creates gourmet food for special events. They lend a delicious Italian flair to weddings, anniversaries, elegant receptions and corporate parties.
The Challenge
Giuseppe Restaurants needed help. The owners had hired an outside bookkeeping firm that was difficult to work with and that didn’t provide the Giuseppe owners with the information they needed to effectively run their business.
The management at Giuseppe Restaurants wanted more timely receipt of financial statements, and they wanted to spend more time growing their business and less time administrating the accounting.
The Solution
Profitwise found Giuseppe a qualified bookkeeper who streamlined the process and took charge of the daily bookkeeping. We designed a reporting system that made the weekly gathering of cash register sales information more efficient and timely. In addition, the experienced CPA/Controller assigned to Giuseppe Restaurants provided fundamental accounting, weekly updated cash balances, and compliance consultations so that management could receive the information it needed to make critical decisions.
The Result
Profitwise provides Giuseppe Restaurants with the dual expertise of a qualified bookkeeper and an experienced CPA/Controller. Bookkeeping is done on a timely and accurate basis, and management is kept up to date on the financial status of the company. The CPA ensures that Giuseppe Restaurants is meeting its tax requirements and deadlines and receiving solid financial analyses.
Due to Profitwise’s streamlining of Giuseppe’s bookkeeping functions, the in-house staff members are able to concentrate their efforts in other areas of the business, and as a result, sales growth has almost doubled in the last year.
Resources
We firmly believe that the best tax and accounting firms are those that take full advantage of all the tools available to them. We consider it our job to stay on top of new technology trends, and we always do our best to provide our clients with the newest and smartest tools out there.
Click the links below to learn about a few of the different types of tools we’ve employed in the past:
