ADVISORY SERVICES
Our advisory team partners with clients to empower them to run their businesses more efficiently and profitably. We are comprised of a broad range of hospitality, restaurant and related industry professionals who provide consulting services and mentor clients on their daily and long-term strategic financial and operational opportunities.
We provide both monthly and project-specific services, which include but are not limited to:
Interpreting Financial Data
Use of Financial Data to create Operational Best Practices
Access to Industry Benchmarks
Client Tailored Operational Advice
Management Team Mentorship
Education on current Industry trends and Local, State and Federal Laws and Ordinances
> Project Specific Advisory Services
- FINANCIAL ANALYSIS: (Understand the financial health of your restaurant in comparison to industry standards and learn how you can improve your profitability)
- WORKFLOW & FINANCIAL MANAGEMENT ASSESMENT: (Understand how your day-to-day operations and financial practices are impacting your profit and loss)
- BUDGET CREATION: (Create a ‘gold standard’ budget to guide your daily operational performance)
- FINANCIAL MODELING: (Understand if your intended business model is sustainable with 5-year Projected Income Statements and Hypothetical Return on Investment analysis)
- RESTAURANT VALUATION: (Understand the fair value of a restaurant for all parties involved)
- MANAGEMENT MENTORING: (Work with industry experts to expand the knowledge and confidence of your management team)
- GUEST SERVICE TRAINING: (Identify how to bring your service level from good to off-the-charts)
> Monthly Advisory Services
- Access to a dedicated Advisor throughout the month
- An in-depth customized monthly financial package including proprietary reports that outlines your business’s trends
- A monthly in-person or on-line meeting with the owners and managers to review financial performance and identify areas and actions to improve results.
- Tailored weekly communication on current Industry trends
- Budget creation and mentorship on where your business should be based on industry benchmarks
- One on one training on how to read financial reports, what they mean to your restaurant, and what they mean to the operations team. Action plans are created for the operations team on how to course correct when needed
- Virtual CFO - advisor reviews all financial reports and makes recommendations to where things should be coded
- Advisors review your financial performance on a weekly basis and will offer recommendations to improve your financial results
- Tailored advice and recommendations based on benchmarks, experience and desired goals
> Sample Reports
Below are several sample reports to use for educational purposes
Meet Our Advisory Team.
Service Partners
