Hospitality

Our hospitality client base includes hotels, restaurants, bed and breakfasts, golf courses, breweries and wineries.

minnesota hospitality accounting experts.

Specific provisions in the tax law affect the hospitality industry more than others. Are you aware of the tax savings your hospitality business may be eligible for? Smith Schafer is a recognized leader in providing accounting, auditing and consulting services to the hospitality industry since 1971.

Our experts help businesses thrive in an industry known for high turnover, intense competition, tight controls and high costs. We committed to serving over 100 Minnesota hospitality entities. We take great pride in consulting on various industry specific issues, as well as the broader needs of these businesses and their owners. 

specialized hospitality industry services

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Financial Statement Preparation & Review

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Accounting Services

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Proactive Tax Planning

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Multistate Tax Consulting

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Quarterly Corporate Reports

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State & Local Income/Sales Tax

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Risk Assessments & Internal Controls Review

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Bookkeeping & Payroll

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QuickBooks ProAdvisor Services

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Budgeting & Cash Flow Analysis

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Succession Planning

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Buying & Selling

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Business Valuation

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Retirement Plan Consulting

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Technology Consulting

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Wealth Management

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Insurance Coverage Analysis

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Benchmarking & Projections

 

INDUSTRY INVOLVEMENT

Smith Schafer professionals have serviced and made a strong commitment the hospitality industry since 1971. This includes membership and community involvement in a number of associations including: 

Why Hospitality Clients Choose Us

We have been using Smith Schafer services for over 20 years. It is very helpful when they know you and your companies and are able to help sort through the advantages of how to do your taxes for the different entities you may have.

 –  D&R Star

Smith Schafer is easy to work with. They explain things in terms I can understand. I completely trust their work.

 –  Harbor View Cafe

KEY PERFORMANCE INDICATORS FOR THE HOSPITALITY INDUSTRY

Click the button below to download the benchmarks regarding three major subgroups in the hospitality industry:

  1. Restaurants
  2. Hotels & Lodging
  3. Golf Courses

We are here to help you.
Contact us today to schedule a consultation about your Hospitality business. 

Hospitality Industry Resources

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