Blog
Anticipating First-Year Expenses When Opening a Restaurant Business
It’s February and love is in the air. (So are taxes. And Super Bowls.)Flowers and chocolates showed up on desks and countertops this week with sweet little romantic notes. Restaurants set those sweetheart menus for their in-love diners. And if you’re one of the...
Financial Optics, Inc Wants to Know: Got a Business Exit Strategy?
The big day is almost here. The Super Bowl. And maybe you’re not paying attention because you don’t really care about football, but here’s why you should…The weeks leading up to the Super Bowl — and of course, the event itself — mean big money for not only the...
Remote Work & Your Restaurant Business Insurance Policy
January is done and dusted. Congratulations on making it through the first month of the year with all the pressures weighing on you. As you process your month-end close reports and start looking to February, remember that this is your opportunity to get a better...
Financial Optics, Inc’s 7 Keys to Lowering Shipping Costs
Saw this on Twitter recently:See, solid bookkeeping is the most functional and crucial element of your business (besides making sales). If you don’t know what’s happening with money coming in and going out, you’re not funneling and arranging things in an organized...
Hiring a Consultant for Your Restaurant Business
Remembering and honoring Martin Luther King this week has me thinking once again about being a voice. It’s hard not to get inspired listening to the iconic words of the famous I Have a Dream speech (if you’ve never listened to the entire speech, it’s worth...
Restaurant Accounting Services: How an Accountant Can Help
Running your restaurant is an incredibly time-consuming task. Very few owners and managers have the capacity to manage a busy restaurant and keep up with the books. Or there are likely errors if they attempt to do their accounting on their own or delegate it to under...
An Expert Guide on Accounting for Restaurants
You’ve heard the stats – restaurants can have high failure rates. And while offering great food and service is one essential aspect of staying afloat, a great financial strategy is as important (if not more important) in helping your restaurant become successful and...
Why More Small Businesses Are Hiring Virtual CFOs in 2022
Handling small business finances is hard, and many small business owners and managers understand that a poor financial strategy can have devastating outcomes. Here’s why more small businesses are hiring a virtual CFO to manage their financial challenges and grow their...
Identifying Red Flags in Your Financial Statements: 7 Things to Look For
Are you feeling uncertain about your business's financial statements? Commonly, small to mid-sized businesses are often not financially able to hire a high-level, full-time CFO or controller for their company – let alone a financial and accounting team. In situations...