Running a successful public house is a stressful, difficult and demanding job. Running a struggling public house is even more stressful, difficult and demanding.
We have specialised in providing services to public houses for over a decade and in that time we’ve seen massive changes in the trade. Even before the smoking ban we could see the long-term future of the licensed trade was under attack and that the fallout would probably be significant pub closures.
Pub’s have evolved over the period of the so-called “Celtic Tiger” and are now more complex businesses offering foodservice and event hosting. Pub operators have to evolve in the same way and update their financial expertise and support.
We offer the following services to Public House operators:
- Full offsite or on-site bookkeeping solution using software which is easy for you to understand and use
- Full payroll bureau including information on pay rates and allowances – we have also partnered with Peninsula Business Services for HR support. Click <<here>> - this should link to page 13 to get more details of our payroll bureau
- Monthly, Quarterly or Biannual management accounts if necessary
- Full VAT service
- Advice on incorporating your business and the tax advantages this can bring
- Year-end accounts for your sole tradership. Click <<here>> - this should link to page 15 for more information on our services to sole traders
- Preparation of Audit or Audit Exempt financial statements if your business is already incorporated. Click <<here>> - this should link to page 6 for more information on our audit services or <<here>> - this should link to page 9 if your business qualifies as audit exempt.
- Advice on calculating your breakeven turnover and six-monthly monitoring of same
- Assistance with bank negotiations if necessary – this is especially relevant if the public house was purchased and a large debt remains outstanding
- Helping you get ready to buy, sell, merge, or pass your business on by doing a valuation that shows you what your business is worth, and/or being part of your merger/acquisition team.
- Helping you take care of your retirement, from succession and financial planning/wealth management to finding buyers.
We operate on the basis of agreeing a fixed fee with you at the outset which means there will be no nasty surprises during the year. We will also discuss our findings with you in plain English rather than accountancy jargon.
Our licensed trade business operates nationwide with clients in all four provinces.
We are happy to supply references for you to independently investigate and discover the difference we bring to the trade.
If you would like more detailed information on how we can help your pub business please contact:
Patrick O’Hare
Tel: 046 943 7900
Mob: 086 608 8869
Email: pohare@ohd.ie
Got Questions - Ask us HERE