Restaurants

restaurantWhen operating a business in the highly competitive and demanding restaurant industry, you must continually be aware of financial controls. Your business must have timely and accurate financial information in order to take advantage of profit opportunities. Watching every nickel and dime can mean the difference between a profit and a loss. We understand your situation.

Our restaurant services professionals understand more than just numbers. In fact, we have hands-on experience in many facets of the restaurant industry. From restaurant operations to profitability studies and from payroll to monthly financial statements, our professionals speak your language. As a restaurant owner/operator, you will benefit from our professionals’ unique knowledge of the industry’s day-to-day demands, combined with our solid understanding of the financial requirements your business must meet.

Why are restaurants choosing RotenbergMeril?

  • We have a proven track record in serving the food service industry
  • We work with restaurants everyday
  • We work with all types of restaurants, including quick service, fine dining, franchisees, and clubs
  • We have a team of professionals dedicated to serving restaurants
  • We have developed customized operational and accounting techniques that concentrate on improving restaurant operations and go beyond compliance reporting
  • Our restaurant services professionals stay abreast of the latest legislation affecting the industry

More Than Financial Statements

We understand there’s much more to operating a successful business than just preparing technically sound financial statements. Our restaurant services professionals look past short-term numbers to give you the solid business and financial advice you need to have the competitive advantage in today’s dynamic restaurant industry. Our restaurant services include:

  • Designing financial & operation controls
  • Internal control evaluations
  • Comparative industry analysis
  • Food & beverage cost analysis
  • Menu cost analysis
  • Monthly write-up
  • Financial audits, reviews & compilations
  • Franchise reporting
  • Assistance with obtaining financing
  • Business plans
  • Profitability studies
  • Business/personal tax planning and preparation
  • Tip reporting and allocation compliance
  • POS system selection
  • Accounting system selection
  • Restaurant valuations
  • Review of shareholder agreements
  • Sales, income and tip reporting tax examination assistance

“RotenbergMeril has been our accountant for more than twenty years — we’ve grown up with the firm. They have always assigned personable, knowledgeable professionals to our restaurants. They’ve helped us set up accounting systems, structure LLC operating agreements to help minimize phantom income to the members, helped us get through sales tax audits and assisted us with tax planning for restaurant sales. I highly recommend RotenbergMeril to all my restaurant colleagues.”
-Managing Member, NYC Restaurant Client