Hospitality

SMG works with numerous restaurants throughout the nation and understands the necessity for timely and accurate information in a highly competitive industry.

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We Know The Hospitality Industry

In a fast-paced and hyper-competitive industry like hospitality, accurate and timely presented information is the key to success.

Staying ahead of trends and keeping the financial side of the business in order, such as overhead and cash flow management as well as maintaining proper purchasing, can make the world of difference in maintaining a stable infrastructure.

We help clients implement the best practices and solutions as to increase financial efficiencies and expand overall sustainable profitability.

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Our Goal

Increase your profitability while letting you do what you do best: manage your front of the house, run your kitchen, bake, bartend or a little of everything!
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Specialized Services For Hospitality Operations

Regulations and Reporting

While the services below are just an overview of what we can provide, the solutions we can offer your restaurant or facility are boundless.

Customizable Management Reporting

Virtual Back Office Management

Compliance and Regulatory Assistance

Sales Tax Remittance

Point of Sale (POS) Consulting

Tipped Employee Regulations

Theft Prevention

Accounting Payable and Bill Pay

Vendor Term Negotiations

Top Tier Hospitality Analysis

We’ll show you how to refine the numbers so you can keep doing what you love.

Food Cost Analysis

Beverage Cost Analysis

Prime Cost Analysis

Payroll and Benefit Cost Analysis

Square Footage and Average Table Cost

Rent and Occupancy Cost

Cash Flow Management and Budget Report

Here's Why We're Recommended

I have been through several other accounting and advisement firms. I have found Gregory Scotto to be the best accountant/advisor that I have met yet. I own several businesses and properties and have a complicated financial situation that he easily understood from our first meeting. They help me to keep everything organized, properly maintained and planned for the future better than I have ever experienced with another firm.

- Eva B.

I’ve been working with this firm since I started my second business almost three years ago now. I was introduced by a friend who owns a very well known bar in NYC. I could not speak any higher of them and my experience overall. During my first meeting with Wesley he mentioned to me that his firm would handle everything from an accounting and bookkeeping point so I could focus on running my business. He has never broken that promise.

- Miles E.

I run a business that expanded by leaps and bounds over the years. The journey has been nothing short of a rollercoaster, and Greg and his team have been along for the ride in every way. Choosing a CPA is probably the most important business decision an entrepreneur will ever make. Greg and his firm are extremely knowledgeable.

- Frances K.

Greg and the team have done an outstanding job of helping to grow our business together. Highly recommend firm for all your accounting needs.

- Eileen R.

The team at SMG is fantastic! We've had nothing but great experiences with their entire staff. I don't know what we would do without them. They're far more to us than just the folks who do our taxes. Our primary advisor, David, is basically family at this point in the way he expresses care for us and our company. They are hands on in our business and have provided a level of expertise, knowledge, and advice that has really helped us improve our company’s performance.

- Tim C.

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