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Restaurant Accounting Services: How an Accountant Can Help

Restaurant Accounting Services: How an Accountant Can Help

by Timothy L. Sernett, CPA | Nov 17, 2022 | General

Running your restaurant is an incredibly time-consuming task. Very few owners and managers have the capacity to manage a busy restaurant and keep up with the books. Or there are likely errors if they attempt to do their accounting on their own or delegate it to under...
An Expert Guide on Accounting for Restaurants

An Expert Guide on Accounting for Restaurants

by Timothy L. Sernett, CPA | Nov 1, 2022 | General

You’ve heard the stats – restaurants can have high failure rates. And while offering great food and service is one essential aspect of staying afloat, a great financial strategy is as important (if not more important) in helping your restaurant become successful and...
Why More Small Businesses Are Hiring Virtual CFOs in 2022

Why More Small Businesses Are Hiring Virtual CFOs in 2022

by Timothy L. Sernett, CPA | Oct 3, 2022 | General

Handling small business finances is hard, and many small business owners and managers understand that a poor financial strategy can have devastating outcomes. Here’s why more small businesses are hiring a virtual CFO to manage their financial challenges and grow their...
Identifying Red Flags in Your Financial Statements: 7 Things to Look For

Identifying Red Flags in Your Financial Statements: 7 Things to Look For

by Timothy L. Sernett, CPA | Sep 13, 2022 | General

Are you feeling uncertain about your business’s financial statements? Commonly, small to mid-sized businesses are often not financially able to hire a high-level, full-time CFO or controller for their company – let alone a financial and accounting team. In...
5 Simple Tips for Creating an Effective Business Budget

5 Simple Tips for Creating an Effective Business Budget

by Timothy L. Sernett, CPA | Sep 1, 2022 | General

Are you ready to grow your business? As you navigate the potential for the future, creating a business budget that aligns with your plan can be a complex job. In fact, when you’re needing support, it’s hard to know who you can trust. This is just one of the issues...
How Can You Calculate Your Business’s Profitability

How Can You Calculate Your Business’s Profitability

by Timothy L. Sernett, CPA | Aug 9, 2022 | General

Analyzing your business’s success is crucial when trying to survive and learn how to grow sustainably. You may know that looking at your financial reports is essential for analyzing your company’s growth, but you may not know exactly what to look at. Although...
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