Many of you know that I have always been super focused on the numbers and most importantly – Profits!
Now I know that many restaurant owners and managers can be overwhelmed with the numbers… This business is so challenging and can be all-consuming, and there really are a thousand ways to lose money in this business, so it only makes sense to dig deep, understand the basics and put a “PRO” in your corner!
You can’t run an effective operation without a team and one vital person on that team is your CPA and Tax Professional… but just any CPA won’t due, there is a difference.
This business has so many moving parts and its so much more than just all the tax laws that seem to change year to year. Whether you lease a space and equipment or own the real estate and hard assets, one of your most important decisions is to seek out and find a tax professional that understands the restaurant business and has many years experience working with restaurant clients.
Listen to today’s episode as I speak with Mr. Tony Perricelli, CPA and Master of Taxation. Tony serves on the Board of Directors of the South Carolina Restaurant and Lodging Association and has saved his restaurant clients many headaches, as well as hard cash.
Tony walks us through how to plan, prepare and put the books in order throughout the year for the best possible tax position and a competitive advantage.
We’re going to be talking about tax deductions you can take legally whether you own or lease your property, the nuances of asset depreciation and loopholes to speed up the process to take more benefits today than in the future. We also discuss the best form of organization for your company, taking money out of your company and so much more…
Its all about making more money and keeping more money.
Now go out there and Rock Your Restaurant!
If you’d like to get in touch with Tony, reach out to him via Twitter @tonypcpa, his email address: [email protected] to learn more about his firm’s capabilities www.hospitality.scottandco.com
Join our movement today to help restaurant owners and managers on a global level ROCK THEIR RESTAURANTS! This mission is so important to us that we are offering a crazy generous commission plan. Check it out!
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