A Full Menu of Services

Even a casual observation of the “comings & goings” of both local and trendy neighborhood restaurants proves that this industry is one of the riskiest to enter and remain successful.

MichaelSilver restauratuer clients face a complete spectrum of business challenges.  These challenges include marketing; production and cost control; management of spoilage and pilferage; preventing embezzlement; and ensuring customer satisfaction, all of which can make it difficult to run a profitable establishment.

The MichaelSilver Hospitality and Restaurant team has years of experience consulting on a broad range of these specific issues. Our team of professionals provides a full menu of accounting and assurance, tax, and consulting services to restaurant and beverage establishments, to position them for success. Services include:

• Pre-acquisition/Start-up Consulting
• Cost Segregation Studies
• Volume and Profit Analysis
• Inventory/Cost/Employee Theft Controls
• FICA Tip Credit Optimization
• Tip Reporting Compliance
• Management Profitability/Gross Margin Analyses
• Restaurant/Liquor Industry State and Local Sales and Amusement Tax Reporting
• Employee Benefits, Requirements, and Planning
• Financial Reporting for Third Parties
• Income Tax Compliance