Retailers & Restaurants
Galanti & Company understands the importance of attentive client service and maintaining an inventory of services to meet customers’ needs.
We are aware of the demands of owning and operating a restaurant or retail establishment, as well as the intensive accounting for labor costs and inventory management. We understand and can help you with:
- Tax benefits relating to claiming employer tip credits
- Expensing and accelerated depreciation methods on asset purchases to front-load tax deductions
- Inventory management systems and use of other internal controls to safeguard assets
- Forecasting and planning for operation expansion
- Securing financing for permanent and working capital needs
- Tax reporting and compliance
- Financial statement preparation
