Frequently Asked Questions

You can. But we wouldn't advise it. While it may seem like a money-saving move to manage your books in-house, the hidden costs and risks often outweigh any short-term savings.

As business owners ourselves, we know firsthand the demands on your time and attention. Trying to juggle bookkeeping on top of your core responsibilities means critical financial tasks often fall through the cracks. Invoices may go unpaid, transactions get misclassified, and tax deadlines get missed. This puts you at risk of penalties and compliance issues down the line.

We offer a variety of packages tailored to your specific needs:

Starter Package: $300
Up to four accounts and 200 transactions

Basic Package: $600
Seven Accounts and 400 transactions

Plus Package: $900
Up to 10 accounts and 600 transactions

Advanced: $1,200
Up to 13 accounts and 800 transactions.

Accounts can be checking, savings, credit cards, and loans.

Every business, whether an emerging or well-established brand, needs accurate financial recordkeeping. Proper bookkeeping isn't just about compliance—it gives you the data and insights you need to make informed, strategic decisions as you grow. Without professional bookkeeping support, it's far too easy for small business owners to make costly mistakes with:

• Expense tracking
• Invoicing
• Payroll
• Tax obligations

These missteps can quickly snowball, putting you at risk of penalties, audit headaches, and serious cash flow problems down the line. We not only make these issues disappear, but we will also help you understand your true profitability, identify growth opportunities, and make data-driven decisions to effectively allocate resources.

Experience has shown us that fractional CFO services can benefit businesses of all sizes, particularly small to medium-sized restaurants and service-based enterprises.

Our services are tailored to meet the unique needs of each client. So whether you're a well-established restaurant, a boutique hotel, or a major hospitality business, we adapt our approach to fit your size, industry, and goals.

Our fractional CFO services are flexible and customized to your business's needs.

We start by getting a firm grasp on your financial situation, goals, and challenges. From there, we develop a tailored scope of work, including regular financial reviews, budgeting and forecasting, cash flow management, financial strategy development, and more.

Our fractional CFOs work closely with your team—but that relationship can be structured on a project basis or as a recurring part-time service, depending on your requirements.

We can think of a few reasons we stand out from the competition:

Industry Specialization: With over a decade of experience serving restaurants and hospitality businesses, we understand your industry-specific challenges and know how to deliver the financial solutions you need to succeed.

Proven Track Record: We have a proven track record of success. Our clients have consistently seen improvements in profitability, cash flow management, and overall financial health.

Personalized Approach: Every business is unique, which is why we tailor our services to your specific needs and circumstances. Our fractional CFOs work closely with you to develop customized strategies that align with your goals and drive long-term success.

Comprehensive Services: We're a small but mighty team of bookkeepers and accountants who can handle all your financial needs, from day-to-day transactions to big-picture strategy.

This is why we’re here! We’ve worked with many clients who were in a similar position. Our experienced professionals will dive into your backlog and work quickly to bring your books up to date. No matter where you’re at in the process, we’ll make sense of financial data, reconcile your accounts, and ensure that your records are accurate and compliant.

While we are not a tax-prep firm, we do provide comprehensive support to ensure your business is tax-ready. Our services include:

• Preparing tax-ready financial statements
• Assisting with various tax issues throughout the year, such as sales tax, payroll taxes, and specialized taxes (e.g., TTB for breweries and distilleries, and TOT for hotels and vacation rentals)
• Collaborating with trusted CPAs and tax specialists on your behalf to ensure your tax needs are met

Absolutely. We've helped many clients get caught up on back taxes. We'll work with you to prioritize which years need immediate attention, gather the necessary documentation, and file any outstanding returns. Our team can also help you navigate penalty abatement options and set up payment plans if needed. The sooner we start, the better we can protect you from escalating penalties and interest.

Our process includes multiple layers of review. First, we thoroughly analyze your financial records to identify all deductible expenses and applicable credits. Then, we cross-reference your information against IRS guidelines and current tax law. Before filing, we review everything with you to ensure accuracy. We stay current on all tax code changes and attend regular professional development to maintain our expertise.

Tax software is great for simple returns, but small business taxes involve complexities that require professional judgment. We don't just fill out forms. We actively look for deductions you might miss, help you plan for future tax years, and provide strategic advice tailored to your specific business situation. Plus, if the IRS has questions, you'll have an experienced professional in your corner rather than navigating it alone.