Hospitality
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McPhillips, Roberts & Deans, PLC identifies with the challenges that face a service-rich company. In an industry that relies on the best in service, there are challenges facing hospitality companies beyond simply running a business. From initial start-up assistance, to property cost segregation studies, from analyzing processes for more secure financial reporting to developing a plan for the potential sale of entities, MRD provides the consulting necessary in all aspects of your business.

Our hospitality consulting team includes experts in the hospitality industry who understand the various management issues including cyclical cash flow, insurance claim recovery for property damage, managing multiple properties with centralized accounting, and budgeting and performance measurements.

In addition to our general client services, we also provide the following services designed specifically to assist in the operation of your hospitality business:

  • Bookkeeping and Payroll Assistance

  • Buy vs. Lease Analysis

  • Capital Lease Calculations

  • Certification of Bond Compliance

  • Cost Segregation Studies

  • Entity Sale Analysis

  • Fixed Asset Accounting

  • Merger and Acquisition Assistance

  • Property Management Accounting

  • Succession Planning

  • Identification of Operational Ratio Levels

  • Back Office Accounting Software Integration

For more information, or to schedule a consultation, contact Marty Ridout, CPA, CFE, CFF at 757.640.7230 or mridout@mrdcpa.com.