Are you a restaurant or cafe owner in Perth or surrounding areas and know that
The Average Cost of Sales for a Restaurant like yours is 35%?
Total Expenses to Sales is 90%?
Average Wages Cost to Sales is 27%?
Average Rent Cost to Sales is 11.5%?
Using ATO simplified methods, you can reduce your GST and Income Tax bill by 20-30%.
If you run a restaurant or cafe in Perth or surrounding areas, it can be very overwhelming sometimes managing day to day affairs including staff members, suppliers and customers and the most challenging part is to manage cash flows and making sure you are making enough money to pay off the bills and yourself.
Working with many restaurants and cafes, I have seen some restaurants starting from the scratch and growing at a very rapid pace where customers have to make bookings in advance and people always line up.
On the other hand, there are restaurants and cafes offering the best food and customer service, but cannot find enough customers to survive and thinking to shut down the business altogether.
As being an accountant, I would ask you why is some restaurants so successful and the others struggling to survive and cannot afford to pay monthly overheads, even assuming they offer the similar type of food and customer service and location.
And guess what, the main difference is because of the MINDSET of the person who owns the restaurant or cafe. If you think you can and if you think you can’t, both of you are right. If the owner is positive and believes in him, he or she will make it work and do every possible thing to become successful.
I know a kebab shop owner who gave up on his business and lost more than $200k of his initial investment because he simply lost confidence in his business. One of my staff members visited his shop to eat kebab and he was offered rotten tomatoes and garlic and mentioned that it was the worst food experience ever.
As being an accountant, we Perth Tax People, not only help you reduce your GST and Tax bill, but also sit down and work with you on how to create positive mindset and overcome 100’s of daily challenges one by one.
Our goal is to help you build up your dream of being the best restaurant or cafe in Perth and around Australia.
I used to wake up at 5am worrying about my bas/gst and was always behind my tax obligations, but since working with Perth Tax People, I am not only unto date with tax obligations, but also getting strategic advise on how can I improve the operations of my restaurants
Basheer (Owner of Oporto Bentley and Joondalup)
Why not call us today at 1300 751 700 to book your FREE consultation
