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Restaurants/Food and Beverage

Industry challenges include branding issues, expansion of multi-units, profitability, and strategic planning. Our team’s knowledge and experience offer a wealth of resources to help navigate these unique issues to achieve success. Withum provides a wide variety of accounting, tax and consulting services to a full range of companies in the food and beverage industry. We work with everyone from sole proprietors to multi-unit operators.

Services include:

  • Accounting and audit
  • Tax services
  • Sales and use tax
  • Inventory control
  • Cash flow analysis
  • Food, labor, and bar cost analysis and profitability studies
  • Point-of-sale accounting systems and analysis
  • Payroll
  • Tip allocation and credits
  • Budgeting and forecasting
  • Benchmarking studies

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