The restaurant industry has never experienced what we are going through right now. I spend all my time consulting with responsible operators to figure out how to continue operations, keep staff and guests safe, and maintain cash flow. Hundreds of meetings have the same theme: we will fight and do whatever is necessary to keep … Read More
It’s been quite a year for us all. I hope you are safe and well, as we continue to face one of the most challenging times in recent history. I wanted to reach out to notify you of some new and recent changes for our firm. First, we have moved three of our main offices … Read More
Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “Cost Segregation Studies for the Hospitality Industry: Does it Increase the Likelihood of Audit?” by Guest Contributor Harry Sahi, Manager – Cost Segregation, KBKG. “A common concern raised by business owners in the hospitality industry regarding cost segregation studies … Read More
Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “California’s Wage Order 7: What You Need to Know” by By Gina Gross – KROST Restaurant Accounting & Consulting. “Many restaurants have on-call policies that require employees to call in to find out whether they need to work their … Read More
Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “The Restaurant Technology Industry: Trends and Funding” by Paren Knadjian, Practice Leader – M&A and Capital Markets. “Over the last ten years or more, customers have changed how they discover, book, socialize, interact, and pay at restaurants. As customers … Read More
Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “Tax Breaks: The Next Great Wine Pairing” by Guest Contributor Tetyana Guguchkina, Manager – Research & Development Tax Credit Services, KBKG. “While California has dominated the wine industry for decades, new regions across the United States are making waves … Read More
Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “Risky Business: Safeguarding Your most Valuable Assets” by Steve Chhuor, Manager – Assurance & Advisory. “Most businesses understand that accepting card payments is an option that attracts customers who need a quick and easy payment option. The shift of … Read More
Below is a preview of one of the articles in the new KROST Quarterly Hospitality Issue, “The Battle to be a Profitable Restaurant: How to Deal with Employee Theft” by Aric Wong, CPA, Manager – Tax. “With 72,000+ restaurants in California, the state does everything possible to ensure taxes are properly reported, collected, and paid … Read More
Did you know that 75% of employees have stolen at least once from their employer? Learn more in the new article “The Battle to be a Profitable Restaurant: How to Deal with Employee Theft” by Robert A. Benson, Manager – Restaurant Operations that appears in the newest issue of KROST Quarterly. “Most restaurant operators are … Read More
