RSM Australia

Hospitality

RSM has the experience and expertise in the hospitality industry to provide a range of services to assist owners, directors, lenders, investors and other stakeholders.

Our team of chartered accountants have the local industry knowledge needed to provide those in the hospitality sector guidance around the following:

  • Acquisition or sale of a business, be it a Registered Club, Pub, Hotel/Motel, Resort, Restaurant or Bar
  • Amalgamation advice
  • Management advice in the operation of properties
  • Business and governance support
  • Specialist advisory and taxation services, including:
    • Business planning
    • Cashflow projections
    • Working capital management
  • Ability to act as receivers or managers
  • Administration or liquidation advice in times of dispute or financial distress

As a full-service firm with many locations across Australia, our team provides integrated accounting solutions in a range of professional services and has developed a deep understanding of the unique challenges faced by those in the hospitality sector.  
We work together with the various stakeholders to ensure they stay abreast of all the latest regulatory requirements and have a sound understanding of any possible financial risks.

We provide pragmatic, commercial advice which equips you with the knowledge to make the right decisions and meet future opportunities.

By doing what we do best, it allows you to focus on what you do best – building a strong service for your customers.

Modern day challenges for hospitality and tourism businesses

The hospitality and tourism industry in Australia today is continuously changing, specifically with regards to the demographic profile of travellers and the technological advances of the modern world.

Surviving the hospitality cash flow conundrum

When the music stops, will your business cope?

What to do about the summer holiday cash flow bell curve

Any local business operator in the hospitality industry will be able to relate to the summer holiday period rush. When reviewing the month to month annual profit and loss results, they can usually be displayed graphically as a significant bell-type curve.

Concern over complacency on new revenue standard

With virtually every industry set to be affected, companies should be doing more to prepare for new rules on how revenue is recognised, according to accounting firm RSM Australia (RSM).