Demographics, consumer tastes, and personal income drive demand in the restaurant industry. In order to maximize profitability, effective cost control and efficiency measures are necessary. BS&P offers several services that will help your restaurant maximize its profitability:
- Financial statement audits, reviews and compilations
- Tax planning, preparation and compliance
- Profitability analysis of individual menu items
- Budgets and cash flow projections
- Cost analysis on building vs leasing property
- Cost segregation studies
- Review and assessment of internal control systems
- Assistance with franchise disclosure documents
- Outsourced accounting services, including fixed asset ledger maintenance
- Business valuations
- Business succession planning
