Chris & Martin are owners and co-directors of 3 popular bar and restaurant businesses based across North Yorkshire.
It was noticeable from their monthly management accounts that the staffing costs at each of their sites were trending much higher when benchmarked against others within the hospitality industry.
After digging deeper at site level, the directors finally diagnosed the problem.
Andy & Chris are owners and co-directors of a growing IT & Telecommunications business based in Leeds.
When we were approached to prepare management accounts for a loan application we noticed the debtors of the business were high and started to ask further questions about how the business was managing their cash collection as there was a large portion of sales which was overdue for payment. Read more to learn what we discovered.