As restaurant companies grow, the internal financial requirements grow exponentially.
RDS' Outsourced CFO Service is designed for emerging growth clients who seek the expertise of an in-house Chief Financial Officer but do not have the need or resources to hire one on a full-time basis.
On a part-time/consultancy basis, RDS oversees daily, weekly and monthly financial functions, as well as one-time and on-going activities that fall under the CFO umbrella. As each client's needs vary, RDS will customize a program to suit individual clients' needs and budget.
In the four years Paul Fields spent as CFO of Sam & Harry's the company grew from one unit to five, the accounting and human resource departments became efficient and organized, and key operations systems were implemented. Paul's leadership and sound guidance, industry experience, and financial expertise made him an indispensable part of our senior management team.
The report analyzes more than 50 back-office functions and delivers a report with overview, comments and recommendations for each. Included are accounting / bookkeeping procedures, human resources, financial controls, legal procedures and tax savings.
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The RDS business plan is a battle-tested document that combines strategy and tactics to achieve a desired plan for growth. RDS' clients have used the business plans to acquire financing, gain landlord confidence and investor support.
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In addition, RDS provides a wide array of financial services oriented to the restaurant industry. Included are debt placement, financial analysis, lease review, landlord representation and international restaurant development.
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