We understand what goes into running a successful restaurant. In order to keep you focused on running your business, we focus on the bookkeeping and accounting issues, forms, and notices that may come your way. We know there are many unique accounting issues in the food service business. Our Team stays up-to-date on ways to handle these situations to save you time and increase your bottom line.
Profit Wise continually works with owners and managers of restaurant groups, neighborhood cafes, food trucks, pubs, bars, and hotels. Our clients are passionate about their businesses and rely upon us to provide them with restaurant bookkeeping services and training.
With over 30 years of restaurant accounting, consulting and bookkeeping service experience, we can confidently guide our clients to select the level of support which is appropriate for their needs and budgets.
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Restaurant Statistics – The statistics for maintaining a successful restaurant are not in favor of the industry, as we witness 27% of restaurants failing in their first year, 50% failing in year number five and 70% out of business by the ten-year mark. We strive for absolute excellence and want your restaurant to succeed in the long run!
So, what are some typical barriers for a restaurant to succeed? Here are just a few of many examples
We can assist you with all of these questions and more. We have saved clients up to $200,000 in one year. Increase your bottom line and profits, while saving money!