Liston Newton Advisory has been serving the accountancy and business needs of restaurateurs for more than 40 years.
We're here to help you conquer your small business challenges, with all the advice and support you need to help you excel.
Whether you need bookkeeping and payroll services, tax planning advice, monthly reporting, software integration or much more, choose from our range of tailor-made services for the restaurant trade.
Monthly financial reporting
Business structure advice
POS and rostering software integration
Whether you're running a Michelin star restaurant or a high street trattoria, we've got your back – supported by 40 years of hospitality accounting experience.
From payroll services and bookkeeping to business structure advice and tax planning, our specialist services are made for businesses like yours.
We're with you every step of the way, solving whatever small business challenges you come up against, both now and in the future.
Our innovation solutions use the latest accounting technology to help simplify and streamline your business processes.
We helped local pizzeria Neighbourhood Pizza to set up and run their new business.
We began by looking at their planning stages and revenue and profit projections, to help lay the foundations for success.
Next we helped to set up their staff payroll systems, before managing their processes for bookkeeping and payroll.
Today we also provide monthly management accounts and reporting, enabling the business to keep a close eye on their profitability.
Our professional accountancy and business advisory team has more than 40 years of experience in the restaurant industry.
From strategic advice on setting up your business structure to ongoing accounting solutions designed to make work easier, we're here to help.
Serve up a more successful business, with Liston Newton Advisory.
The two most important questions to ask yourself beforehand are:
1. Does my current business have reliable staffing and procedures in place? Provided that's the case, these procedures can be replicated, enabling you to easily transfer administration, staffing and bookkeeping systems to the new location.
2. Do I have sufficient funding to support the new location? It's essential to have a proper budget for your new premises. You'll also need to ensure adequate funding from financial lenders or other investors. Too often, poor planning for expansion leads not only to the new location failing, but also to the demise of the existing and formerly thriving businesses.
You'll need to determine the optimal staff arrangements for your individual circumstances. We can help you decide which set-up best aligns with your short and long-term financial goals.
In some situations, it can be more cost-effective to move casual staff into part-time roles – particularly if they are regularly rostered onto weekends and public holidays. Award rates are constantly changing and it's important to seek advice from hospitality accountants to manage these changes profitably.
There are many rostering systems out there, each with its pros and cons that may or may not suit your business. In our experience, Deputy is a powerful and dependable rostering system that connects directly to Xero and can handle the needs of most small, medium and large hospitality businesses.
Our team can help you make the most of your business. Talk to us for expert advice.