Business Carve-Outs: Considerations & Best Practices
Collaborate to achieve profitability & financial protection.
In today’s hospitality industry, there are many challenges for owners and operators to overcome. From staffing to supply chain shortages to maintaining capital, it’s incredibly tough to balance these obstacles while continuing to seek growth. Focusing on your vision, strategic plan and long-term goals in this competitive industry is mission critical.
Bennett Thrasher’s Hospitality practice serves a wide range of hospitality businesses, including hotels, restaurants, resorts, country clubs, athletic clubs and other hospitality-related companies. Our hospitality accountants understand the nuances of this industry and provide a full range of innovative tax, accounting, assurance, risk management and advisory services to help you optimize business results and focus on your growth.
If you’re looking for a strategic hospitality accounting partner who understands the industry, we can help. Contact Cory Bennett or Tim Watt to schedule a consultation.
Owning or investing in a restaurant can be a risky and complex endeavor. To achieve consistent profitability and growth, you need to leverage capital while managing costs and minimizing your tax liability.
Restaurant owners, operators and investors in franchise, quick-serve, casual and fine dining establishments depend on Bennett Thrasher’s expertise for help navigating these risks and opportunities. A leading restaurant accounting firm, we support restaurant clients with a wide range of tax, accounting and advisory services, including:
Hotel owners and managers need to constantly look for opportunities to manage their finances, keep costs down and remain competitive. Whether you have a large chain or an independent boutique hotel, Bennett Thrasher can provide hospitality accounting, tax and advisory services to meet your needs, including:
If your hospitality business crosses international borders, our accountants and consultants have considerable international tax and accounting knowledge, including transfer pricing expertise.
Sometimes, international tax compliance requires additional assistance. In that case, we can tap into the capabilities of tax professionals from jurisdictions around the world through our affiliation with Leading Edge Alliance and DFK International, two worldwide associations of independent accounting firms located in more than 110 countries around the world.
With a team of experienced hospitality professionals behind you, you can rest assured that your global needs are covered, no matter where you operate.
“The transfer pricing audit ended after the German tax authorities reviewed our Local File. It might have been the best money I have ever spent.” – Feedback from Finance Director of Irish Multinational in Healthcare Industry following a transfer pricing audit in Germany
“Ben and his staff have been fantastic. They have been very professional and extremely patient as we navigate through our transaction and the planning process.”
“We are incredibly grateful for the partnership, support and collaboration of you and your team…Your professionalism and collaboration truly made the difference for the Company, our teams and our leaders.”
“As always, we very much appreciate your hard work and the hard work of the entire BT team.”
“In the past, I have used two of the top four national accounting firms for advice. I have found Jeff Call’s firm Bennett Thrasher, the most responsive, always available and very, very helpful. Once I’m not around, I’m certain my state trustee will continue to rely on Jeff’s firm.”
“Bennett Thrasher provided exceptional second mile audit services for Trilith Studios. Their team was thorough, knowledgeable, demonstrated a high level of attention to detail and provided clear communication throughout the entire process. We highly appreciated their collaboration and the professional service they provided throughout the entire audit process.”
“Just when you have self-assessed your company to possibly be the worst client ever, the Staff at Bennett Thrasher make you feel like you are their most important and beloved client. That ability is an attribute you don’t see in many accounting firms.”
