Maximize Your Second Draw From The Paycheck Protection Program! The Trusted CFO Solutions Team Is Ready to Help!
Did you miss out on relief funds during the first round of PPP? We have good news! On January 13th, 2021, Congress opened up $285 billion for PPP2 (Paycheck Protection Program) funding making it possible for you to strengthen your busine…
As we leave 2020 and look ahead to 2021, the restaurants that assess their current situation, the ‘Now’, and look ahead to the goals they want to achieve, the ‘Where’, will be able to better plan, the ‘How’, to prosper in this new year.
When using the word dimensions, you might think about height, width, and depth. But in this article, we want to give you an overview of Dimensions, a tool inside the Sage Intacct accounting solution software. We’ll also share how t…
Cash is king in restaurants. In the midst of this crisis situation with COVID-19, knowing your restaurant’s current cash position is one of the most important insights an operator can have. We have created a simple, yet effective, Weekly…
Year-end is one of the busiest times for your accounting team. For 2020, the IRS has changed the process for filing 1099’s by adding new forms and altering the filing requirements. These new requirements can make a busy time even more …
In November 2020, Dixie McCurley, Co-Founder, and President of Trusted CFO Solutions was a guest of James Mason, host of The Authentic Advisor Podcast Series and Managing Director of Mindshop. In this podcast, Dixie shares insights she&#…
What are the common reasons that restaurants don’t use the 4-week cycle? While there are many reasons to use the 4-week system operationally, the reason it’s not used usually comes from a disconnect between operations and the accou…
Trusted CFO Solutions specializes in working with restaurant groups. One of our wonderful clients, Succulent Hospitality, shares below about their experience working with us and how that’s helped them strengthen and grow their busi…
This is part of our Restaurant Success Series. Click here to access other articles. Our restaurant clients are getting a good handle on controlling food cost and labor, thanks to our Prime Costs Dashboard. Prior to Trusted CFO Solutions,…
This is part of our Restaurant Success Series. Click here to access other articles. The 2020 COVID-19 Pandemic has hit businesses hard. It reminds me of other times in my career where companies were faced with extreme losses and needed …
This is part of our Restaurant Success Series. Click here to access other articles. Now is the time to convert to a 4-week reporting cycle! The vast majority of restaurants we work with want to use a 4-week period but don’t have their ac…
Are you still working with Quickbooks and Excel spreadsheets, emailing back and forth, with countless employees working late to finish month-end financial reports only to find all the numbers changed the following morning? What about tho…