Posts Tagged “balance sheets”

How Timely and Accurate Financial Reports Can Help Your Business Grow

You may think the main purpose of bookkeeping is to be ready for tax time, but you can get a lot more out of your financial reports than that. Here’s how to mine them for information key to your business growth. Use data to make informed decisions If your in-house bookkeeper or outsourced bookkeeping firm […]Read More

Holding Your Bookkeeper Accountable

Whether you use an in-house bookkeeper or use a professional bookkeeping service like BookWerksTM, keeping your bookkeeper accountable helps ensure the accuracy and integrity of your business’s financial records. Here are several strategies to help you maintain accountability: Expectations, culture and internal controls At the outset, you may want to outline the bookkeeper’s duties, such […]Read More

Making the Most of Your Balance Sheet

What’s the point of a balance sheet? It can help you know your company’s net worth, how much money you have made, and where your equity is located. Balance sheets are also essential for attracting investors, securing loans and selling a business. What is a Balance Sheet? The balance sheet provides a picture of your financials at […]Read More

Custom Website by WeGo Unlimited | Cincinnati Website Design

Services Provided by the Top Restaurant Bookkeepers

Restaurant owners are busy. They don’t have time to be in the weeds of monthly financials and expenses — their time is better spent on big picture thinking, innovation, and the many daily operations involved in running a restaurant kitchen. If you’re a restaurant owner ready for outside financial support, consider working with an outside bookkeeper. The best restaurant bookkeeping companies understand the unique financial challenges of running a food establishment. They know that owners routinely deal with fluctuating labor costs, food spoilage, and narrow profit margins. They’re not afraid of unpredictability and will bring systems and structures specifically designed to find order in the chaos. With timely, accurate financials and industry-specific reporting, restaurant bookkeepers can become trusted partners who help owners stay compliant, make smart decisions, and ultimately grow more profitable businesses.