Episode 5

Restaurant Accounting Tips to Build Cash Flow and Security

Published on: 7th October, 2020

In this episode of The Restaurant Prosperity Formula podcast, host David Scott Peters interviews Anne Gannon, CPA. After working in a big-five accounting firm in Boston, Anne was motivated to create a more efficient system for monthly accounting and tax services, so she opened her company, The Largo Group. She charges her clients a monthly fee and works one on one with them throughout the year to keep their monthly accounting up to date while keeping their accounting costs lower. In this episode, David and Anne talk about what numbers to know and pay attention to, especially during the pandemic, cash flow budgets and their benefits, why you have to take care of yourself as the owner and what to look for in an accounting firm as a restaurant owner. Listen to this episode for some great perspective on why, no matter how hard it might seem right now, it could be well worth it to keep your business afloat.

Free Consultation with Anne: www.thelargogroup.com/dsp

Free Restaurant Evaluation: https://dsp.coach/free-eval

Sponsor: Repeat Returns, www.repeatreturns.com/dsp

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About the Podcast

The Restaurant Prosperity Formula
For Independent Restaurant Owners
If you’re ready to stop being a prisoner in your restaurant and finally have the life you’ve been working for, you are in the right place. Podcast host David Scott Peters has been coaching restaurant owners since 2003 how to transform their restaurants and their lives by becoming the leader their restaurant requires for success. He has taught thousands of other restaurant owners how to do less and lead more, how to delegate and trust their teams, and use task-based systems to make it all work. The lessons he teaches and the solutions for the moment he offers are based on his Restaurant Prosperity Formula. To learn more about David and his formula, visit davidscottpeters.com or pick up a copy of his book, "The Restaurant Prosperity Formula: What Successful Restaurateurs Do."

About your host

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David Scott Peters

David Scott Peters is a restaurant coach and speaker who teaches restaurant operators how to cut costs and increase profits with his trademark Restaurant Prosperity Formula. Known as the restaurant expert in the industry, he uses a no-BS style to teach and motivate restaurant owners and managers to take control of their businesses and finally realize their full potential. Thousands of restaurants have used his formula to transform their businesses.