CFO Consulting
Identifying your ‘menu mix’ is one of the keys to success. Many restaurant owners fail to realize that the placement of dishes on the menu can make a vast difference in sales. It is essential to promote your highly profitable dishes while eliminating those that just cost time and money.
How Can Our CFO Consulting Boost Your Bottom Line?
Unlike many outsourced restaurant accounting or restaurant bookkeeping service providers that simply record and process transactions to produce a timely financial statement, we go beyond these important but traditional services. Our goal is to provide you with actionable knowledge enabling you to make better operational decisions. With our CFO restaurant consulting services, you get the best of both worlds: the expertise of an experienced restaurant CFO and custom-tailored services—at a price you can afford.
We pride ourselves on helping restaurants gain control of their finances, improve business performance, and strengthen internal controls. Our advice provides cost savings and generates revenue growth. In most cases, these profits are well in excess of fees paid.
Profit & Loss Coaching
We help you understand the various financial reports and identify actionable items to improve your profitability- the first month is on us.
Our CFO services include but not limited to:
- Cash flow management
- Detection of restaurant point of sales irregularities
- Identify unexpected sales tax liabilities
- Review POS systems and PLU classifications for improved classification
- Prepare budgets and forecasts
- Financial analysis and business modeling
- Restaurant financing
- Defining KPI baselines and minimum contribution margins %
- New restaurant launch
- Prime cost analysis
- Menu engineering
- Overhead expense analysis
- Special projects
Request your complimentary consultation today.
