Restaurant CFO Partners - CFO Solutions for the Restaurant Industry
 
 

Part Time CFO
 

Services


How can it help my bottom line?

Some efforts show up immediately to the bottom line, others prevent unnecessary expenses from happening, and some create positive long-term benefits. Listed below are a few examples of how we can help your bottom line:

Immediate Impact
  • Securing better rates on company debt
  • Reengineering of document workflow to allow for less staffing or the redirection of staff time to projects that can create further benefits
  • Savings of up to 10% of the cost of food and beverage product purchases for multi-unit or high volume locations by utilizing Restaurant CFO Partners' order guide program, which compares multiple vendor pricing and provides a weekly listing of the lowest cost provider of specified food and beverage products
  • Cheaper product and service vendor sourcing by utilizing discounts with Restaurant CFO approved vendors
  • Establishing comparative financial reports incorporating detail budgets that allow for clear analysis of items with negative variances

Prevention of unnecessary expenses
  • Prevention of theft and inefficiencies by establishing strong internal controls and monitoring their compliance
  • Prevention of costly deficiencies discovered during sales and liquor tax audits, wage and hour audits, EEOC litigation, etc.

Positive long-term benefits
  • Structuring company equity to minimize capital dilution
  • Selection of software and systems that are intuitive and require less training time, are more efficient to operate, and have the least amount of maintenance
  • Developing a solid strategic plan that ensures that your company grows in accordance with the financial and human capital available
  • Developing a sophisticated reporting system for both monthly financial reports and more frequent operating reports that provide succinct, timely, and useful information



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