Here are five tips to increase profitability and cut costs in your restaurant.

Since 2021, many companies have had to pay higher salaries or wages to get new employees in the door and fill the gaps for labor shortages across the nation.

When you choose to embark on an Employee Stock Ownership Plan (ESOP) journey, you’ll have the opportunity to sell all (or just a portion) of your own investment in the company to employees while keeping you in the driver’s seat to maintain continuity and control of the business.

Even though financial data plays a large role in determining a business’s value, it’s really only a starting point. In most cases, “value” is synonymous with quantifying the future returns to an owner or investor.

As we look ahead to 2023, hiring compensation strategies will remain a key issue as organizations grapple with talent. If you haven’t evaluated your strategies and practices related to all things “people” lately, now is the time.

Employees across the Rea & Associates regional footprint continue to demonstrate an unwavering commitment to professional development, client service, and career advancement. For their ongoing efforts to serve their clients, their offices and the firm as a whole, the regional accounting and business consulting firm Rea & Associates has promoted 30 firm wide.