Using real-time, orderly data and information, we turn chaos into order and deliver actionable insights to help you effectively run your company.
How Are You Managing Your Payables & Receivables?
By Hand & On Paper?
Digitally & Cloud Based?
Financial Reporting Done Right
See key performance indicators automatically updated in real-time using personalized dashboards.
We Understand The Restaurant Industry
Selecting the right restaurant accountant can be the most important decision you make in securing the success of your new restaurant. Restaurants have a notorious reputation as a business that can either dramatically succeed or fail miserably.
Statistics indicated that at least 25 percent of restaurants close or sell after only one year. Why? Bad accounting practices could play a major part. Having TCFOS team optimize your ideal restaurant accounting solutions and structure could be a critical factor for your success.
The Benefits Of Working Together
We deliver better financial advice so you can make faster, smarter business decisions
We optimize key business practices; eliminate wasted time re-entering data between FOH & BOH
We empower management to devote more time to
business planning and less time managing accounting
Your Trusted Advisor
We understand that the restaurant industry has high demands on efficiency. It requires the use of real-time data to procure insights for growing and sustaining the business effectively. We can help you optimize these data structures.
[ Virtual CFO ]
Business planning, budgeting, profitability, & Cash Flow Support.
[ Controllership Services ]
Monthly close and financial statements.
[ Back-Office Accounting ]
Bookkeeping, Payables, Receivables, and Payroll.
How We Work With Restaurants
1 - Assessment Phase
First, we’ll do a full assessment of your business to discover what is and is not working in your accounting processes. Upon completion, you can expect our long lasting recommendations.
2 - Implementation Phase
The Implementation phase is where we show you WHAT we can do for you, and HOW. With mutual agreement, we’ll move forward with these initiatives.
3 - Client Services
In this phase, we’ll expand your current Accounting Team’s capabilities with our services. This can include Back Office Accounting and Virtual CFO Services all utilizing Cloud-Based Solutions.
What Do Our Restaurant Clients Say About Working With Us?
When we sat down to talk with Debby Ritnour, the second employee at 14-year-old Stars and Strikes, and Controller of thirteen locations, she didn’t hesitate to tell us how monumental a task it was for she and her team to make the switch from Quickbooks to Sage Intacct for nine of their stores.
“Renewed Understanding Of How To Manage Costs, Balance The Myriad Needs Of The Business”
“I approached Trusted CFO Solutions for support in educating my management team on using the P&L as an operational tool. I spend a lot of time reviewing financial statements with our ops teams, but I felt like I’d exhausted my ability to teach from that document myself. I needed another way to bring fresh perspective and highlight just how valuable – indeed, vital – the P&L is in running the business, not merely as a reporting tool. Steve and his team spent weeks preparing a “deep dive” lesson that was tailored to our specific needs. After a day of presentations and small-group discussions, our team took a renewed understanding of how to manage costs, balance the myriad needs of the business, and ultimately create more profit.”
– Ryan Pernice, Reckless Optimism Hospitality Group
Are You Ready To Transform Your Restaurant?
Fill Out The Form Below & Receive Our Restaurant Success Email Series
7 Steps For Successful Restaurant Planning - Article
The 2% Time Bomb: Why Most Restaurants Fail - Webinar + Infographic
How The Third Financial Statement Is A Restaurant’s Secret To Success - Webinar + Slides
Plus white papers, radio interviews, and access to our restauant resource hub.