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FINANCIAL MANAGEMENT FOR RESTAURANTS

Cook up financial success with CoCountant

Whether you run a fine dining establishment or a bustling food truck, we’ve got the secret sauce to your restaurant’s financial success. At CoCountant, we understand the unique challenges of the food industry and provide tailored financial management for restaurants.
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Financial Management for Restaurants
Rhino Web Group
Hollywood.com
Datum
Backpack Group
LaunchPath
Coast 2 Coast HR
Emkao Foods
Buoyant
ALP
Daystorm
IHG
Arda
Venduni
Flowship
Willport
Engineered Group
Roots and herbs

Master inventory management

What we’ve observed

  • Inventory management is a significant challenge, with perishable goods and fluctuating supplier costs.
  • Failing to track inventory in real-time can result in spoilage, waste, and decreased profits.

What we do

  • We help you to track inventory, from food items to kitchen utensils, ensuring minimal waste and maximized profitability.
Optimize profits with us: Master inventory management for minimal waste and maximum efficiency

Optimize labor costs

What we’ve observed

  • High turnover rates and seasonal staffing needs can make labor costs unpredictable.
  • Managing a varied staff with different skill sets and wage levels complicates payroll.

What we do

  • CoCountant helps you analyze labor costs and schedules effectively, making sure you get the most out of your staff without overspending.
Optimize labor costs with effective analysis and scheduling for maximum efficiency.

Streamline expense tracking

What we’ve observed

  • Restaurants have diverse expenses from utilities to licenses, each with its own payment terms and schedules.
  • Missing or misallocating expenses can lead to financial disarray.

What we do

  • We track and categorize every expense, ensuring that you never miss a payment and that your cash flow remains healthy.
"Efficient expense tracking by CoCountant: Ensure timely payments, maintain healthy cash flow.

Regulatory and tax compliance

What we’ve observed

  • Restaurants deal with a host of regulations, from health codes to liquor licenses.
  • Non-compliance can result in severe penalties and even closure.

What we do

  • CoCountant ensures you’re always compliant with local and federal laws, helping you avoid costly penalties and protect your business.
CoCountant: Protect your restaurant from penalties with regulatory and tax compliance

How CoCountant helps your business

We offer a range of specialized services that complement our financial management services for food and restaurant businesses.
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Bookkeeping

We manage your books meticulously, ensuring financial accuracy with zero effort from you.

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Payroll

We handle payroll seamlessly, ensuring timely and accurate payments to your team.

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Expense Reporting

We streamline expense reporting, managing employee and business spending efficiently.

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Invoicing

We facilitate swift invoicing, helping you get paid faster and improving cash flow.

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Collections

We streamline collections, improving cash inflow and reducing recovery efforts.

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Bill Pay

We manage bill payments precisely and consistently, ensuring on-time payments and good vendor relations

Explore Bill Pay Services

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CoCountant uses the best financial systems

StripeGustoAmazonFresh BooksQuickbooksExpensifyBillShopifya2xBrexSquareRamp

Why our clients count on us

Oscar J Muro

Oscar J. Muro

“We’re a 17-year-old marketing agency and have managed our books internally. Hiring CoCountant in 2024 was the best decision I've made in a long time. Our Quickbooks account needed a lot of cleanup which they did as a 1st step while providing sound accounting recommendations. Each month they do a great job of managing our books and reporting. As they get familiar with our business, they’re handling my time-consuming tasks like payroll. I would highly recommend CoCountant.”
Colleen Rupp

Colleen Rupp

“I've recently stepped into a new role as the COO within the company and have started working more closely with two of CoCountant's bookkeepers, both of whom have been a great addition to our team. We are a small company, so we are small and mighty, and having a contractor do our accounting for us has been a great option. They've been a huge help with getting contractor payments in and payroll, and have been readily available and willing to help with whatever we need. We definitely want to continue using them moving forward because of that availability and because of their knowledge.”
Ravi Bajracharya

Ravi Bajracharya

CoCountant team is very thorough with their review of my transactions, and their comprehensive services help keep my books updated to provide a clear financial picture. I also find the CoCountant team provides a great platform for communication and is always very responsive when I need them. They have also gone above and beyond to accommodate specific requests, which is very much appreciated. Thank you CoCountant team, great to have your support and expertise.”
Edwin Goutier

Edwin Goutier

“The value-to-cost ratio is amazing. I save so much time using CoCountant's services, and I get more strategic intelligence on our financial situation than I could create on my own. Wonderful service for busy entrepreneurs.”
Waynewright Malcom

Waynewright Malcom

“This is my first experience with CoCountant and I can say that the service has far exceeded my expectations. The resource assigned to the Controller position has been knowledgable, technically skilled, dedicated and a great team player. In addition, CoCountant's customer success and support processes ensure that all my expectations are met or exceeded. Without reservation, I highly recommend CoCountant for any of your financial outsourcing needs.”
Mark Arthur

Mark Arthur

I am the CEO and founder of Coast to Coast HR, servicing all of North America. We have been working with CoCountant for several months now, and after some hiccups with other organisations, I settled on CoCountant because they have done a fantastic job. They’re very service-focused and great to work with! They're also extremely friendly to small businesses and our tight budgets. The monthly calls we get to go over the books help me immensely. It has saved me money, and I cannot recommend them more.