Our local community is filled with hospitality businesses, offering us many unique products and services. Whether you operate a B&B, a restaurant or bakery, we provide extensive insight into your specific operation and accounting needs, such as recording revenue, cost of sales (costs of food and labor), and business' operating expenses. We’ll determine your business' overhead costs, record capital expenditures and calculate the allowable depreciation on your equipment. We’ll also will set up local and state taxes on your POS systems, review sales and reports generated from them to update your financial records, ensuring your business is always operating efficiently.
We service a variety of clients in the hospitality industry:
•Bed & Breakfast
With only some data being released so far into hotel occupancy, it is so far showing that hotels across the U.S. are seeing drops in customers staying in hotels. Occupancy hit a high at 72.5% in 2015 but will drop to 67% for 2019 to 2020.Learn More
The hospitality industry is finding difficulty in attracting and retaining qualified workers. Many in the industry have stated that the tight labor market has been the cause and they have had to offer extra incentives to entice new employees.Learn More
With the start of companies like Uber and Amazon, consumer expectations are rising and it is starting to take affect in the restaurant industry. Customers are looking to be able to purchase orders online and also opt for delivery at the push of a button.Learn More