Accounting for retail and restaurant businesses
Restaurant and retail businesses require owners to be flexible and reactive to changing consumer trends. However, financially it is imperative to have a strong grasp on your month-to-month finances and an understanding of how rapidly changing trends can affect your business – whether pursuing a new opportunity or mitigating a cost.
The professionals on our staff have experience serving retail and restaurant clients across all segments of the industry. Our team possesses a deep knowledge of the complex business decisions owners face.
The Gordon Advisors team can help you manage the unique financial management challenges of restaurant and retail accounting. Utilizing industry insights to minimize costs and maximize profits in areas such as:
- Tip Handling
- Profit and Loss Analysis
- Vendor Credits/Short Pays
- Projections and Forecasts
- Point of Sale Reporting
Restaurants and retail businesses are usually the first to be hit by rapidly changing consumer trends, inflation and supply chain issues. Our team keeps you up to date on your business’s financial outlook, opportunities for growth, and industry trends, while giving you back the time to provide the best value to your customers.