Restaurant Seminar Institute ~The Gateway to Profitable Restaurant Ownership
Restaurant Seminar Institute
"The Gateway to Profitable Restaurant Ownership"



ACCOUNTANT’S NEW RESTAURANT CLIENT GUIDE

First Half

Second Half


RESTAURANT OVERVIEW & Current Benchmarks

  • Approximate Profit Expectation
  • Why Profits are so Low
  • It Doesn’t Take Much to Change the Amount of Profit
  • Quick Ideas for Improving the CPA/Restaurant Owner Relationship


SETTING UP RESTAURANTS TO FOLLOW THE UNIFORM SYSTEM OF ACCOUNTS

  • Sales Breakdown
  • Cost of Goods Sold Breakdown
  • Labor Breakdown
  • Prime Cost
  • General Expenses
  • Sample Restaurant Income Statements


KEY RESTAURANT RATIOS AND HOW TO CALCULATE THEM

  • How to calculate key percentages
  • Sales Ratios, Sales Comparisons and Trends
  • How to adjust these percentages for different types of restaurants
  • Statistical Analysis of the Bar Operation
  • Some Accounting Issues 
  • Banquet Sales




SETTING UP CASH CONTROLS

  • Controls For Manual Systems
  • Computerized POS
  • Daily Reports
  • Standard Entries


TAX ISSUES UNIQUE TO RESTAURANTS

  • Taking the Tip Credit
  • Wage Law and Tip Credits
  • Minimum Wage Resource
  • FICA Income Tax Credit
  • Tip Reporting & Form 8027
  • Tax Treatment of Allocated Tips
  • Work Opportunity Credits 
  • Cost Segregation
  • Taxability of Unclaimed Gift Certificates
  • Restaurant Leasehold Improvements 
  • Employee Meals
  • Seals Tax on Automatic Gratuities 
  • PCI Compliance 
  • 10 Crucial Pieces of Restaurant-Specific Knowledge
  • Answers to the 25 Most Common Questions your Clients Will Ask




Call (800) 526-5798 for details


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