At Lescault and Walderman, we understand how challenging it can be to achieve lasting business success in the restaurant industry. You face changing tastes and trends while competing for the best service workers. You don’t have time to worry about accounting processes and systems.
For businesses in the food and beverage industry to be profitable, you need to manage your food and beverage costs with certainty. You must categorize and account for each sales item to achieve clarity and capitalize on margins.
Knowing your food costs is only half the battle. To keep costs down and cash flow steady, you need to create a workable budget. Then you need to marry that budget with reliable short-term forecasts to plan appropriate inventory and staffing levels. Restaurants survive on the day’s receipts. Without clear and timely data, you can’t take action, and your cash flow shortfalls can sneak up on you.
When you invest in an effective restaurant management accounting system, you have the data you need to make quick operational decisions; you can proactively plan, and maintain sustainable cash flow so that you can focus on serving your customers. Lescault and Walderman is your restaurant accounting firm partner.