Restaurants and Hospitality
Two industries challenged by dramatic financial changes and economic conditions.
To remain competitive and viable, restaurants and hospitality companies must respond to current economic conditions and develop strategies to deal with the new realities. Owners and managers must seize every opportunity to protect and expand their businesses.
CDL - an advisor who can help you optimize opportunities and minimize risks.
The restaurant and hospitality industries face increased competition, plus pressures to adopt higher environmental standards ("green construction"), rising insurance and energy costs, and decreased capital for needed improvements.
Our Firm's experience includes tax preparation and advice, representation before the Internal Revenue Service and the Florida Department of Revenue, and routine accounting services, such as monthly write-up work and compiled, reviewed and audited financial statements. We also perform monthly or quarterly operational reviews of profit margins, expense ratios, and operating trends for clients.
Directed by Louis M. Cohen, Firm Shareholder, with a significant amount of experience and clients in Restaurants and Hospitality.
Lou's family has been involved in the restaurant industry for over 30 years, and he regularly advises local Restaurateurs in South Florida:
A wide range of financial services including:
- Development of internal controls for inventory
- Implementation of cost-saving measures
- Site selection criteria and projecting costs of development
- Buy-sell disputes
- Expert witness testimony
- Compiled, reviewed and audited financial statements
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