Leisure & Hospitality

Take your business to the next level

Making a success of a leisure and hospitality operation takes more than rigorous financial management.

You have the right locations, the right style and the right atmosphere. And your team and support functions are of the highest calibre. But how do you grow your leisure and hospitality business in a competitive and changing market? 

Some challenges you can plan for, others you can’t. Having a trusted business adviser can make a difference whatever barriers you may come up against.

Whether you are a boutique hotel, restaurant, private members club, bar, sports club or gym, Goodman Jones can help you take control of your bottom line, so you can focus your efforts on getting the proposition right, exploiting growth opportunities and expanding your business.

Getting the financials right

We’ll work with you to fine-tune your strategy, and explore how to model your business to achieve it. And we’ll help ensure that the financial operations that underpin your company are as effective and efficient as possible.

Our team of hospitality sector experts help growing leisure and hospitality businesses to:

• understand, forecast and control costs and cash-flow
• buy, sell and refurbish premises, and arrange property portfolios, as tax-efficiently as possible
• optimise the financial structure of any international operations
• achieve an orderly transition when exiting the business

Expert support

We offer a suite of financial management services to help maximise the value your business:

• Management reporting and cash-flow forecasting: maintain robust, month-by-month control over your all-important operational finances.
• Business performance improvement: ensure your finance function is a high-performing, strategic business function.
• Site acquisitions and disposals: get expert tax advice on your property transactions.
• New sites: take advantage of capital allowances on the fit-out, refurbishment and development of venues and the installation of IT systems.
• International expansion: use the right structures and tax treaties for your international operations, and repatriate your overseas profits tax-efficiently.
• Audit and accounts: get a forward-looking view of the threats, opportunities and challenges facing your business.
• Negotiation: benefit from experienced support when refinancing or selling your business.
• Benchmarking: compare your performance and outlook to the competition, or to the sector as a whole.
• Staff retention and incentives: design the right, tax-efficient, incentive schemes for your business.
• Succession: make the right arrangements for the long-term future of the family firm.

We can also help with:

• Tax planning
• Financing and refinancing
• Management coaching and mentoring
• Payroll
• VAT
• Executive search
• Statutory compliance: HMRC enquiries, PFI requirements, etc.