HOSPITALITY AND CATERING SECTOR INSIGHTS

Handling a cash intensive business? Facing difficulties in making sense of your overall business position and performance? It can be overwhelming to operate in such a competitive environment, with Covid-19 worsening the woes of businesses across the world. Another indirect influence has been the increasing use of contactless payments which can hurt entities which have to turn down customers since they don’t have payment processing systems in place and rely heavily on cash.

With Cheylesmore Accountants, we can help derive incisive insights into your business which may be frustrating when there is no record of transactions given that the owner is just left over with a pool of cash. Our accountants can use a number of analytics tools to help guide you on which areas of the business are functioning up to scratch and which need additional attention.

We integrate all your business functions into one system which provides you with a one-stop glance at your cash flow, profits and revenue on a monthly, quarterly or yearly basis to allow you to judge how the business is progressing over time. Regardless of whether you use iZettle, Paypal or Square, we can capture all your transactions immediately to relieve you of all administrative and financial burdens. Need setting up with a payment processor? No worries, we’ll get you up and running in no time.

Forget keeping piles of paperwork anymore. With our apps, all you need to do is take pictures of your invoices and bills rather then clutter your workspace with untidy paperwork. Believe us, the relief from knowing that your administrative duties are handled promptly and the finances behind your business are sound will be of immense value. Once you’re in the flow with our modern ways of working, you would never want to go back to your previous experience with accountants.