Advisory and Accounting Services For Restaurants
To Help You Grow Your Restaurant Business
Advisory | Accounting | Tax Planning & Preparation | Payroll
Specialized Financials
Make better decisions with the power of financial statements created for your restaurant business.
Year-Round
Tax Planning
Avoid unwanted surprises and take control of your taxes with year-round tax planning.
Industry Expert Guidance
Have peace of mind knowing you have a partner that understands what your business needs.
Accounting for Restaurants
Collecting the right information and measuring your restaurant's critical areas of performance is the only way your business can reach its full potential. The problem is, as a restaurant owner, you are continually pulled in different directions – staffing, inventory, menu pricing, marketing, and cash flow, to name just a few.
All of this can be frustrating and overwhelming, leaving you little time to monitor the performance of your business.
At Kaizen, we work closely with our restaurant clients to help them make better decisions and grow their business.
As your business grows, your finances become more complex.
When the accounting team that got you this far can’t take you any further, you need a firm that can handle the bookkeeping, deliver regular financial statements, and provide strategic guidance to help you take your business to the next level.
Your Path to Building A Better Business
The Simple Steps For Better Accounting Services
1
Talk with us
Tell us your story—where you've been, where you are now, and the direction you want to go with your business.
2
Design a Plan
Our experienced CPAs and advisors will work side-by-side with you to create a customized plan for success.
3
Decisions that Win
Manage your business with confidence and make decisions that take your business from surviving to thriving.
Proactive Advice for Restaurants
A good accounting team doesn’t just react and do what you ask or wait for problems to show up. They take time to know and understand your business and give you recommendations on how to structure your finances for growth.
Whether you need guidance and guardrails to help you deal with rapid growth or insight on how to make your business more profitable, our accounting services team can help you navigate that complexity and get you where you want to be.
Our Industry Partners
Wow! New beginning! I have been in the automotive business for more than 20 years and this is my 3rd accountant. Eric Joern and his team taught me more in the first 2 years than all the rest combined! The thing I like the most about Kaizen is that I don't get asked what I want to know. Instead, I get educated as we work together! We’ve set goals that are easy for me to understand and help me see things in a whole new way. What some people don't know is Eric was a former service writer in the automotive industry himself! He teaches classes on a regular basis and serves on the board for the Mid West Auto Care Alliance. He knows this industry in and out! Accounting is not my craft, but I can honestly say I feel more in control of my business and financial future now more than ever!
DAVE HINZ
MASTERTEK AUTO REPAIR
Learning Center
Get equipped with a wealth of knowledge on restaurant accounting, payroll, taxes, and more.
Explore the latest industry-specific articles and podcast episodes.
Videos
What Is the Difference Between Markup & Profit Margin
May 2, 2024 by The Kaizen Team
What You Need to Know about Financial Statements & Bank Loans
Feb 23, 2024 by The Kaizen Team
Blog
2 min read
How Your POS System Impacts Your Business Financials
Jul 2, 2024 by Eric Joern
2 min read
What to know before selling a small business
Jan 22, 2024 by Clay Hamlin
3 min read
End of the Year Financial Planning
Oct 23, 2023 by Eric Joern
Podcast
How to Reach Out & Stand Out as a Restaurant
Jun 14, 2024 by Eric Joern
Riches in the Niches
Jan 11, 2024 by Eric Joern
Do It Because It Inspires You
Oct 26, 2023 by Eric Joern
Restaurant Accounting FAQs
You have questions. We have answers.
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Why should restaurants outsource monthly accounting?
You probably already rely on an annual tax accountant to handle your accounting needs. But when you outsource monthly accounting, you not only streamline your bookkeeping and tax filing processes, you experience a range of other benefits, like:
- Year-round tax planning to minimize your tax liability
- Monthly financial statements to help steer your financial journey
- Monthly bank and credit card reconciliation so you don't miss a deduction you're entitled to
- Regular advisory meetings with your accountant so you can stay tuned in on the finances of your shop
- Peace of mind knowing you have a partner there for you when you need it
- Sales tax return filing to take the hassle off your plate
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Does Kaizen work with other restaurants like mine?
Yes! The restaurant industry — and each restaurant — is so unique. With our extensive knowledge and firsthand experience in the industry, we customize our services to perfectly align with the distinct needs of restaurant owners.
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Can I use just the bookkeeping portion of Kaizen's services and continue using my annual tax accountant?
We have found time and time again that this is not the best way for us to help you grow your business.
We provide a comprehensive service – monthly financials and insights that we then use to help with tax planning. If you were to use an annual tax accountant, you'd miss out on the benefits of this service. -
How can Kaizen help me better manage my cash flow?
Keeping a positive cash flow is the bane of many small business owners’ existence. It’s also an essential skill for a healthy, growing small business.
With up-to-date financial statements, we'll be able to spot cash-flow tendencies in your business that you might overlook. We'll analyze problems or areas to improve, and help you make plans to better manage it.
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Should I use a modern POS?
Yes! We highly recommend a cloud-based point-of-sale system to help you streamline inventory management and restaurant operations and enhance the customer experience.
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What experience does Kaizen have in the restaurant industry?
Kaizen has been working with restaurants for almost 60 years. Our people have real experience in the restaurant industry, and restaurants are one of the largest industry concentrations within the firm.
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I don't get a monthly P&L. How will Kaizen be different?
Processes & procedures. Kaizen leverages a tight process and streamlined procedures to ensure we generate financials statements both timely and consistently.
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Why should restaurants outsource payroll?
Your industry has unique options for paying your employees. Beyond the payroll portions that an accountant can help with, a good, reputable payroll service provider will, in an accurate and timely manner:
- Pay your employees
- Pay your payroll taxes
- Prepare your W-2s
- Handle all weekly, monthly, quarterly, and annual compliance with the state and federal government
Plus, if you've been facing those pesky IRS penalty notices, a payroll service will stop them.
Kaizen CPAs + Advisors has been our trusted advisor for many years. A trusted advisor like Kaizen is priceless. We rely on them completely. They're always there for us when we need them and even before we know we need them.
We have enjoyed working with the knowledgeable and friendly staff at Kaizen CPAs + Advisors for over 6 years. Our CPA has always provided excellent service and guidance in our financial decisions and always makes our small business feel as important as the larger clients.
Take Control of Your Business
Advisory
Business Advice & Guidance
Get guidance, advice, and real understanding of your financials and be equipped to make better decisions to grow your business.
Accounting + Tax
Done-for-you Services
We'll handle the monthly bookkeeping, payroll processing, and annual business tax preparation, so you can focus on the other things that matter to you.
Profit First
Coaching & Consulting
We teach you how to think about and organize your business finances in a way that is easy to understand and ensures profitability for your business.