Running a hospitality business can be fast-paced and demanding with tight profit margins. But it’s rewarding too, knowing you’ve made someone’s day, week or even year. It’s all about the smile on your customer’s face, and that’s what our hospitality accounting services help you focus on.
Because we have an in-depth understanding of how the hospitality industry works, we know the challenges of running your bar, restaurant, accommodation, or tourism business. With Wise Advice you’ll get a highly tailored hospitality accounting and business advisory service that will help your business thrive. So, you can ditch the tiresome admin, and get back to doing what you love.
"Wise Advice gave us the certainty of how our financial outlook is going to look."
As a full-service accounting firm, we can handle all the day-to-day financial administration of your hospitality business. From accounting system setup, structuring and training, to payroll, GST and end of year tax returns.
We’re also Xero Platinum Partners, with low-cost, fixed-price, simple accounting and payroll solutions that maximise the profitability of your hospitality business. Plus, we provide financial reports and can advise you on strategic planning for a successful future.
"The Wise Advice team are always ready with great advice and expertise..."
Accounting isn’t all we do either - we also operate Hospitality Advice, a specialist business advisory service for food & beverage, accommodation and tourism businesses.
Our team has a wealth of experience in hospitality and tourism. So, we can confidently offer industry specific benchmarking reports and risk assessments, and advise you on how best to use them in your business strategy.
From creating a winning restaurant business plan, to boosting the profitability of your bar, to developing a succession plan for your hotel, you can count on us for expert hospitality advice.
Wise Advice is a group of modern, tech-savvy accountants, so we have the technology partnerships and know-how to streamline your business systems for success. Talk to us about integrated solutions encompassing Loaded hospitality management software, Xero accounting software, payroll, POS, online payments and more.
Take our free 7-part course and create a winning business plan for your hospitality business that will help you launch, grow and finance a successful new venture.
*includes free business plan template