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029. Cook the Books Round Two with Restaurant Accountant Dan Engel

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Manage episode 489630175 series 3577755
Content provided by Patrick Totah and Andy Mirabell, Patrick Totah, and Andy Mirabell. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Patrick Totah and Andy Mirabell, Patrick Totah, and Andy Mirabell or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

What does your restaurant’s bookkeeping say about its true value? Many owners load up their books with expenses to reduce taxes, but this can obscure the actual market value of the business, especially when it’s time to sell.

In this episode, we welcome back restaurant accounting expert Dan Engel, who discusses the trade-off between tax savings and clean financial records. Whether you’re thinking about selling in the near future or just want to improve your financial management, maintaining clean books will ultimately help you secure better lease terms, qualify for loans, and maximize your business’s market value.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/29.

  continue reading

30 episodes

Artwork
iconShare
 
Manage episode 489630175 series 3577755
Content provided by Patrick Totah and Andy Mirabell, Patrick Totah, and Andy Mirabell. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Patrick Totah and Andy Mirabell, Patrick Totah, and Andy Mirabell or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

What does your restaurant’s bookkeeping say about its true value? Many owners load up their books with expenses to reduce taxes, but this can obscure the actual market value of the business, especially when it’s time to sell.

In this episode, we welcome back restaurant accounting expert Dan Engel, who discusses the trade-off between tax savings and clean financial records. Whether you’re thinking about selling in the near future or just want to improve your financial management, maintaining clean books will ultimately help you secure better lease terms, qualify for loans, and maximize your business’s market value.

Get full show notes, resources, transcript, and more information here: https://www.therestaurantsalesbroker.com/29.

  continue reading

30 episodes

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