Speak to us now: 1300 728 875
Speak to us now: 1300 728 875
Darcy Bookkeeping was the local Caloundra bookkeeper firm that this well-known restaurant contacted when they needed assistance for their newly acquired business. The business had no internal systems or processes in place to manage the day-to-day running of the business operations and was struggling to keep up with the pace of a quickly growing business. The criteria that this business used to select a Caloundra bookkeeper was a firm who was affordable on a weekly basis, local, experienced and understood the hospitality industry.
Darcy Bookkeeping quickly got to work to establish workable systems and processes in consultation with the manager and set up the Xero accounting software package for the business. They allocated a bookkeeper from their team who was a Xero expert and who would visit the restaurant weekly as required to meet with the manager in order to have a discussion around the financial position of the business and discuss what improvements could be made to reduce costs or increase revenue. The manager was thrilled by how quickly Xero was up and working and, not only that, how the business manager was able to access real-time financial information that would allow the active management of the business on a week-to-week basis.
The Caloundra restaurant required on a week-to-week basis that their bookkeeper entered all transactions, recorded and paid for purchases using Xero, sales transactions were entered, payroll and superannuation obligations were met, and BAS and IAS was lodged periodically as required. The Xero bookkeeper from Darcy Bookkeeping was readily contactable via phone and email between work hours and even outside of business hours. The manager quickly became dependent upon the bookkeeper and Xero to run the business.
Revenue for this restaurant quickly exceeded previous monthly sales records under the previous owner, whilst having a lower cost base in order to achieve these sales. This meant that profits were quickly increasing and this gave the manager the capital to put back into the business and make improvements to the premises. With the improvement of the premises this brought more foot traffic, which again increased sales and profits for the business.
Darcy Bookkeeping offered the business a fixed monthly rate for their Caloundra bookkeeper services which gave the manager peace of mind when budgeting and forecasting their cash flow for the coming weeks and month. Beyond the financial benefit that was received was the freedom to work solely on management and marketing for the business without having to worry about the bookkeeping, BAS, and meeting tax and superannuation obligations.
If you are interested in our bookkeeping services or becoming another success story, please call us on 1300 728 875 or leave us an enquiry. One of our team members from our Sunshine Coast office will call you as soon as possible.