Apple Growth Partners


Year-End Tax Planning Tips for Restaurants

Owning and operating a restaurant can have significant perks, with a side of complexities. Mainly, understanding and forecasting taxes for restaurants, which can cause headaches among other responsibilities. Proactive tax planning is a must and should be completed prior to 12/31 of the calendar year to identify opportunities. Tax rules often change; best practice recommends business owners should understand the rules as stated currently, while being aware of potential future changes.

Understanding Tipped Overtime Calculations

Under the Fair Labor Standards Act (FLSA), most restaurant employees are classified as non-exempt and entitled to overtime pay of 1 and ½ times their regular rate of pay. Calculating overtime pay can be challenging, especially for tipped employees.

Year-End Tax Planning Tips for Restaurants

As another year of unpredictability ends for restaurants and wineries, now is the ideal time for year-end tax planning and preparation ahead of 2022. Year-end planning has several goals, including identifying opportunities for assistance and strategizing for new challenges facing the industry.

Benefits of a Breakeven Analysis for Restaurant Owners

The restaurant industry has experienced a challenging 18-month tidal wave of changes and obstacles. In a year of unprecedented tests for restaurant and winery owners alike, the current state of affairs seems promising coming into a new year, and now is the time to focus on a strong financial outlook for growth.

SLICED Ep106: Maximizing Profits for Restaurant Owners

In today’s episode, Dirk Ahlbeck, AGP’s National Restaurant Lead, joins Chuck & Brittany. This week, they discuss the current state of affairs for the food industry. In addition, Dirk shares the first steps he takes with restaurant owners to maximize profits. Plus, Dirk shares his favorite Chicago area restaurant! A great episode, streaming everywhere now. …

SLICED Ep106: Maximizing Profits for Restaurant Owners Read More »

Apple Growth Partners Expands to Chicago Market, Adds New Tax Principal

CHICAGO, IL – (September 21, 2021) – Apple Growth Partners (AGP), award-winning accounting and business advisory firm, proudly announces the firm has expanded services to businesses in the state of Illinois, with professionals now practicing in Chicago. The Chicago office is the first extension of the firm to be located outside of Northeastern Ohio. Spearheading …

Apple Growth Partners Expands to Chicago Market, Adds New Tax Principal Read More »

Ep2: Growing Your Restaurant

Restaurants are soaring in popularity, especially in Northeastern Ohio where recent projections show a strong year ahead for owners. As meal delivery services continue to expand and consumers stay busy, restaurants are slammed with demand. A good problem to have – but if you’re a restaurant owner, are you capitalizing on the recent tax changes? …

Ep2: Growing Your Restaurant Read More »