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|Call us on: +353 (0)21 4310266 Email us at: pm@parfreymurphy.ie

Hospitality Consulting

We are committed to providing solutions to the hospitality and leisure sectors that will help improve business performance by using a variety of analytical methods with innovative and creative solutions. Our aim is to assist business managers to operate their businesses by making sound business decisions and implementing strategies and plans that result in cost reduction and profit improvement.

We have worked extensively in the hospitality industry with a broad range of operational, strategic, analytical and accounting skills.  We provide a full range of specifically tailored accounting, business advisory and tax services.

Cost-effective outsourced accounting and payroll solutions

We can provide a cost-effective outsourcing solution for your business, encompassing payroll, bookkeeping, management accounts and consultancy services. It allows you to focus on running your business and to concentrate on the core areas that fuel financial health and growth. We have extensive experience in outsourcing to the hospitality industry.

For the past 30 years we have been successfully providing outsourcing services from small family-run operations to multinationals. We tailor our services to each client from a payroll-only solution to a fully outsourced accounting department.

Our outsourcing solutions can include:

  • Total payroll service dealing with numerous pay rates, 78 hour rule.
  • Maintaining all books and records.
  • Completing all VAT and PAYE/PRSI returns for filing with the Collector General.
  • Preparation of monthly/quarterly reports based on management’s specific requirements.
  • Preparation of Financial Statements and audit files for auditors.

Business recovery expert solutions

We have the experience and expertise to assist businesses in the hospitality and leisure industry that are underperforming or experiencing financial difficulties. We can work with the key decision makers in these businesses to find solutions to their current challenges and implement a survival plan.

Our work can encompass a variety of areas including:

  • Business planning.
  • Business health checks and benchmarking.
  • Survival strategies.
  • Business performance improvement.
  • Menu engineering and costing.
  • Market research and feasibility studies.
  • Marketing and promotional plans.
  • Staff training.
  • Alternative property usage.
  • Fraud reduction.

Other value added services

With our knowledge and experience, we can assist you in other ways, including:

  • Stock control.
  • Annual budgeting.
  • Staff incentives.
  • Project management.
  • Succession planning.
  • Sourcing finance.
  • Tax health checks and planning.
  • Acquisition, merger and disposal.
  • Company secretarial.
  • Market and consumer research.
  • Strategic and future planning advice.

Related Article:           Outsourced Accounting Services

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Please call Seamus Parfrey today on 021-4310266 if you require further information on our hospitality consulting service or to arrange a free consultation.

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