Restaurants, bars, hotels, resorts, country clubs and others in the hospitality industry face unique challenges. As consumer spending patterns change, even landmark places need to rethink their strategies. Evaluating cost cuts, menu changes, entertainment, personnel, building improvements and entering new markets requires detailed projections and tax planning to ensure that all financial implications are considered. At PDR, we work closely with our clients on these challenging decisions and are proud to work with so many successful local establishments.
PDR CPAs + Advisors Hospitality Solutions:
Audit and Assurance
Financial statement audits, reviews and compilations
Financial forecasts and projections
Internal control review and design
Due diligence on acquisitions
Agreed upon procedures
Tax Planning and Compliance
Corporate and partnership tax return preparation
Local property tax preparation and consulting
Tax projections and strategic tax planning
Cost segregation studies
Research and analysis of federal and state tax credits
Consulting
Entity selection and ownership structure
Business plan preparation and projections
Profitability analysis and cash flow forecasting
Owner admission and withdrawal
Compensation and bonus plans
Owner dispute resolution
Succession planning
Retirement plan consulting
Merger and acquisition advisory services
Bank financing
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At PDR CPAs, we leverage our 50 years of industry expertise to help you keep your finances strong and your business moving forward.