Having a Management Accountant is Essential for those in the Hospitality Industry
As hospitality accountants we have seen many scenarios that cause businesses to soar or struggle. What we know from this is that the key to succeeding through difficult times is to recognise warning signs and be proactive. This is exactly what managements accounts are for; highlighting the Key Performance Indicators (KPIs) and helping you to hone in on the source of the problems or to exploit your successes.
The three most important KPIs are:
Sounds Amazing! But is it expensive?
We have a lot of experience working in the hospitality sector and we’ve gotten very good at making our service efficient. We have an online calculator secifically for this sector. So you can get an instant quote for your size of business by following the button below. Or you can call us and speak to us directly
Baxterworld’s CEO Ray Baxter, spent his early career as a Financial Director in the food and hospitality sector; Later transitioning into entrepreneurship by successfully establishing a series of coffee shops, bakeries and restaurants.
Director, Catherine McRory, started her working life running a family Bistro before going on to gain her Accountancy qualifications.
In fact, the majority of our team has worked in the hospitality industry at some point in their careers before joining us!