Accounting for Cafes and Restaurants

Accounting for Cafes and Restaurants

Owning and managing a café or restaurant can be an incredibly time consuming process. You have to ensure that the food and beverages that are being prepared are up to quality, process food stock and ingredients, cover rent and lease costs, market the business along with managing staff and subcontractors; including their wages and superannuation.

Using a professional accountant can provide you with more time to focus on your business and customers, helping reduce the stressful workload that can be associated with running a restaurant or café. The professional team at Hume Tax have assisted a range of cafes and restaurants over the years with comprehensive accounting and taxation services, devoted to each client’s unique requirements.

Café or Restaurant Startup

If you’re starting a business, we can provide you advice and services in regards to:

  • Claiming vehicle and transport costs
  • Legally reducing the amount of tax payable depending on your situation
  • Tax planning strategies
  • Payroll and bookkeeping services
  • Tax and business registrations such as your TFN, ABN, GST and so forth
  • Advice on software, tools and spreadsheets for recording expenses and income of your business
  • Preparing financial documents and tax returns
  • Plus much more

Support and Advice

Having people and businesses supporting you can take the stress off your work. You may want to change the direction of your business at a point in life, or even sell it. Hume Tax can provide advice overtime in relation to a range of financial areas including taxation, accounting, selling and purchase of a business, tax deductable claims, bookkeeping and tax options available to you.

If you’re looking to take part of the burden off taxes, call Hume Tax today on (03) 9354 2339 or send an enquiry online. We’re located in the CBD with appointments available as required.