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Food, Hospitality & Gaming

The hospitality industry is a several billion dollar industry that mostly depends on the availability of leisure time and disposable income. A hospitality business such as a casino, restaurant, hotel or amusement park consists of multiple groups like facility maintenance, direct operations (servers, housekeepers, kitchen workers, bartenders, etc.), management, marketing and human resources.

Food, Hospitality & Gaming - Odoni Partners LLC - Certified Public Accountants

Chicago Hospitality Industry Accounting CPA's

When financial transactions are not reported truthfully, it’s easy for many individuals such as employees, owners, investors and creditors to suffer great harm.

Through accurate reporting, Odoni Partners has guided many food and hospitality companies toward fiscal success, and improved profitability with advisory, tax and accounting services. We offer customized solutions including sales and use tax compliance, payroll and tips reporting, tax and financial planning, internal control and financial statements preparation, review and audit.

Areas of expertise:
  • Hotels, hostels and motels
  • Resorts and casinos
  • Arenas, stadiums, amphitheaters, civic centers
  • Restaurants, nightclubs, cafes
  • Travel agencies
  • Airlines, cruise lines and transportation
  • Theme parks
  • Event planning and catering

The hospitality industry is an expansive one, including not just hotels and restaurants, but also amusement parks, cruise lines, bars, and event planners, to name a few. Together, these sectors bring in trillions of dollars a year globally and employ a large number of people in direct operations positions (servers, housekeepers, kitchen workers, bartenders, etc.) as well as various corporate and facilities positions, managers, marketers, human resources, and operations.

All of this is to say, in the hospitality industry, regardless of the size or focus of your business, there are a lot of people working with you, connected to your business in some way.

So when your financial transactions are not reported truthfully, it’s not just you but many individuals — employees, proprietors, investors, creditors — who suffer.

We at Odoni Partners understand this, and we take great pride in our abilities to provide businesses like yours with accurate and transparent reporting solutions catered specifically to your situation.

Our team of accounting experts has experience in all areas of the hospitality industry. We work with business of all sizes, developing reporting and accounting solutions that help business owners establish more successful financial practices so they can develop a more successful business.

And we’ll partner with you throughout the entire process, working with you to make sure all of your needs are understood, addressed, and satisfied.

Restaurant Accounting CPA Firm

Through focused and professional reporting, Odoni Partners has guided many food and hospitality companies toward greater fiscal success. We’ve served as advisors and consultants in all areas of finance, tax, and accounting services, and we’ve helped client partners go beyond sustainable reporting to actually improve the profitability of their businesses.

How do we do it? We take the time to really understand you and your situation.

At Odoni Partner, we work with you to learn about the status of your business and find solutions that will be successful now and down the road, so no matter where you are you can be sure that your accounts are in order and help lead you toward success.

We offer a full suite of financial and accounting services, as well as many customized solutions, including:

  • Sales and use tax compliance
  • Payroll and tips reporting
  • Tax and financial planning
  • Internal control
  • Financial statements preparation, review and audit

 

The value of these services can’t be overstated. But we understand that without the help of professionals, these kinds of reports can seem like more of a burden than a benefit. That’s why we’re here.

After we work with you to find the best solution for your business, we’ll continue to work with you to make sure your new systems are implemented effectively, and that they are being used to their fullest potential. You’ll have our full support throughout the entire process.

Contact one of our accounting professionals to get help finding the right solutions for you, your business, and everyone invested in it.

Our team of accounting professionals has experience advising in all areas of the hospitality industry, so you can rest assured that we’ll partner you with an expert who will understand your situation. At Odoni Partners, some of our areas of expertise include:

  • Hotels, hostels, and motels
  • Resorts and casinos
  • Arenas, stadiums, amphitheaters, civic centers
  • Restaurants, nightclubs, cafes
  • Travel agencies
  • Airlines, cruise lines, and transportation
  • Theme parks
  • Event planning and catering

 

Each of these industries can benefit from more robust and transparent reporting, but the specific needs vary from situation to situation.

Maybe you’d like a more thorough reporting of your payroll or a more organized record of your financial statements. Perhaps you have systems in place already, but you’d like to supplement them or would like some guidance on how to use them more effectively.

No matter what your situation is, we can help.

Gaming Industry Accountants

Our experts have the experience and knowledge to advise you in all areas financial and accounting, and we’ll partner with you to develop the best solution for you and your unique situation. We’ll work with you to ensure that your business is equipped with all the resources necessary to make your accounting manageable, so you can devote your attention to what matters most: your hospitality.

Contact us to find out how you can start spending less time with your books and more time with your guests.

Five-Star Service

At Odoni Partners, we understand that getting your finances in order can be stressful and that keeping accurate accounting of your books requires a lot of effort. But we are here to help you navigate this process confidently, every step of the way.

We feel all of our clients deserve the kind of quality support that can only come from a true partnership. We invest ourselves in your success, and we dedicate ourselves to helping you find solutions.

Whether you’re just starting out with your business and are looking for someone to help you get off on the right foot, or you’ve been around for a while and are looking for a more positive relationship with your accounting, we’re here for you.

We commit ourselves fully to every project, making sure every client feels and knows they’re supported. And because we know the industry, we also know the people in it, so you can feel confident that you, your employees, your guests, and your partners, will all get the attention and consideration they deserve.

Together, we can identify areas of your business that would benefit from stronger reporting or accounting, and develop the most sustainable solutions to support growth in those areas.

Contact one of our dedicated professionals, and we’ll get started finding you the best path forward for your business.

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