top of page

Statement of Work:

(For Flat Fee Monthly Billing)

 

Installation:
  1. Complete review of accounting processes and practices including set up of ledger and spreadsheets.

  2. Balance sheet and account analysis review.

  3. Review of other forecasting tools and methods.

  4. Review of the 13-week cash flow forecasting process.

  5. Build daily/weekly restaurant scorecard with goals and trends based on the Key Performance Indicators such as: Weekly Revenue, Cash Balance, COGS, Payroll, Net Profit & EBITDA.

  6. Weekly review of progress and findings with company leaders.

Weekly:​
  1. Review the company scorecard with the necessary stakeholders.

Bimonthly:​
  1. Cash flow review – more often if necessary.

Monthly:​
  1. Review of the month end close including timeliness of results, balance sheet account reconciliations, consistency of GL account coding and month end cutoff.

  2. Comparison of results to prior forecast, budget, and prior year.

  3. Development of a new forecast with the management team based on current trends and information.

Annual:​
  1. Guide the company through the annual budgeting process.

  2. Develop growth objectives and initiatives for the coming year.

  3. Review/Preview meeting of the expected results of the current year and the budget for the coming year.

​​

Special Projects:

​

Special Projects, such as software integration, accounting software set up or migration, creating proformas and financial preparations for commercial financing are billed at a straight hourly rate.

​
B Nelson #1.jpg

651.470.7067

​

brucenelson84@gmail.com

Contact Us

Thanks for submitting!

bottom of page