Whether your hospitality business is large or small, part of a chain or independent, we have tourism and leisure experts who have in-depth sector knowledge and experience.
We understand the pressures and competitiveness of the Hotels, Tourism and Leisure industries.
Our Hotel, Leisure & Tourism specialists work closely with our clients to provide a comprehensive range of accountancy and business advice services to help make their businesses as profitable as possible.
Hotels, Leisure and Tourism are at the heart of the South and West’s economies, in many areas accounting for as much as 25% of the jobs and a significant proportion of regional GDP. These sectors also make up a significant proportion of our client base across hotels, guest houses, visitor attractions and holiday parks and so we have the experience to advise on the many issues that they contend.
We also recognise that a large number of tourism businesses are often also family owned and run. As a result, they face additional challenges that come along with working with family members.
Family Business Advice
Our sector knowledge is complemented with being able to offer family business advice that is bespoke to the owners’ needs. These include owner’ aspirations and objectives, tax planning, ownership issues, raising funds, available grants, succession planning and general business advice.
We also collate data such as bed nights and occupancy rates to help our clients to benchmark against their sector, whether they are a small independent or part of a chain.
Our Hotels, Tourism and Leisure clients rely on us for assistance with:
- Advice and analysis on costs, profits and occupancy rates
- Remuneration advice, and incentive plans. Payroll and auto enrolment
- Advice on the best type of legal business entity, structuring and restructuring
- Financing advice
- Grant expertise
- Business readiness for investment/sale
- Cashflow planning
- Cloud Accounting and Outsourcing
- Tax, HMRC enquiry advice
- Access to funding
- Selling and buying businesses, succession planning