A Partner In Your Success
At Restaurant CFO Partners, we understand the many challenges that restaurateurs face in successfully growing a restaurant company. It's a full time job just communicating the vision of the company and ensuring that service and food quality meet with your established standards. When you add on the additional responsibilities of building infrastructure, finding new locations, attracting and training topnotch managers, and overseeing finance and accounting, then the CEO often finds himself juggling too many balls at once.
The result? The balls relating to finance and accounting are often dropped which could result in theft, poor cost control, erratic and inaccurate reporting, poor cash management, regulatory problems, and a lack of formal planning. If the restaurateur is lucky and his concept strong enough, he may ultimately succeed with only lower profits as his penalty. However, the penalty for some is the loss of their business and everything they have worked for.
Restaurant CFO Partners can help you during this phase of growth with a scaled approach that allows you to utilize only the amount of CFO services that your company demands. Let us be that partner in success and give us a call today for more information on how we can serve you and your company.
The result? The balls relating to finance and accounting are often dropped which could result in theft, poor cost control, erratic and inaccurate reporting, poor cash management, regulatory problems, and a lack of formal planning. If the restaurateur is lucky and his concept strong enough, he may ultimately succeed with only lower profits as his penalty. However, the penalty for some is the loss of their business and everything they have worked for.
Restaurant CFO Partners can help you during this phase of growth with a scaled approach that allows you to utilize only the amount of CFO services that your company demands. Let us be that partner in success and give us a call today for more information on how we can serve you and your company.
Our Approach
All engagements are preceded by a comprehensive informational meeting to review client objectives, identify savings opportunities, and determine the best service solution. At that meeting or shortly thereafter, we will provide you with our service recommendation. Once you have made a decision, we will draft and execute an engagement agreement that details the objectives of the engagement and expected duration of the engagement.
Except in the case of special project work, the engagement begins on the first day of work when we are introduced as your new CFO. Upon express agreement of our objectives, we will organize our time to accomplish tasks in the order of importance to you and the financial impact to your company. Communication will be paramount throughout the engagement and we will track savings and completed initiatives as we progress.
When we come upon challenges that another partner may have greater expertise, we will follow up with partner to determine the best solution to the problem. This utilization of the partnership knowledgebase provides you with a collective expertise that one person alone cannot provide.
Our desire is to grow with your company until you are ready for a full time CFO. When you are ready, we will be happy to pass on the reins and if needed provide assistance to source the best-qualified person for your company. For interim and more task oriented work, we will conclude the engagement when you are satisfied that we have accomplished each of the objectives that were set out. Our ultimate motivation is your success and the success stories that we create. Our engagements are structured to be flexible, and you have the flexibility to change or terminate our agreement if you are not satisfied with the progress of our work.
Except in the case of special project work, the engagement begins on the first day of work when we are introduced as your new CFO. Upon express agreement of our objectives, we will organize our time to accomplish tasks in the order of importance to you and the financial impact to your company. Communication will be paramount throughout the engagement and we will track savings and completed initiatives as we progress.
When we come upon challenges that another partner may have greater expertise, we will follow up with partner to determine the best solution to the problem. This utilization of the partnership knowledgebase provides you with a collective expertise that one person alone cannot provide.
Our desire is to grow with your company until you are ready for a full time CFO. When you are ready, we will be happy to pass on the reins and if needed provide assistance to source the best-qualified person for your company. For interim and more task oriented work, we will conclude the engagement when you are satisfied that we have accomplished each of the objectives that were set out. Our ultimate motivation is your success and the success stories that we create. Our engagements are structured to be flexible, and you have the flexibility to change or terminate our agreement if you are not satisfied with the progress of our work.
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Greg Williams is a founding partner of Restaurant CFO Partners. Mr. Williams' background includes over 30 years of senior level restaurant financial experience. He has a significant experience with restaurant financial analysis, multi-unit financial reporting, debt and equity financing, software systems, budgeting, restaurant internal controls, reorganizations and turnarounds, and bankruptcy.
He has served as CFO for three Dallas area restaurant companies and one Dallas area international retail company. Mr. Williams began his career as an auditor with Arthur Andersen & Co. and is a CPA in the State of Texas. |