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How a 14-Location Restaurant Recovered $4M

This established full-service restaurant group had scaled to 14 locations, more than 500 employees, and $20M in annual revenue using a mix of in-house staff and outside CPAs. But as the business grew, its financial operations couldn't keep pace, leaving leadership managing accounting problems reactively instead of running the business proactively.

Industry Full-Service Restaurant (FSR)

Region Texas

Primary Impact $4M+ in Credits Recovered

Workforce 500+ Employees

The Challenge

Disconnected Workflows That Slow Growth

Leadership was spending a significant share of its time on internal accounting issues, which created several operational blind spots across the business.

Delayed Reporting

The company's books were consistently three to four months behind, making it difficult to evaluate how individual locations were actually performing.

Unstructured Administration

Vendor payments and payroll ran without a formal process, pulling management's attention away from higher-value work.

Unclaimed Tax Incentives

The company's books were consistently three to four months behind, making it difficult to evaluate how individual locations were actually performing.

Our Approach

Streamlined Financial Processes

Taxnality put a structured financial process in place designed to lift the administrative load off leadership while uncovering savings the business had been leaving on the table.

  • 1

    Unclaimed Tax Incentives

    The company's books were consistently three to four months behind, making it difficult to evaluate how individual locations were actually performing.

  • 2

    Location-Level Reporting

    New reporting systems gave leadership clear visibility into how each of the 14 locations was performing, rather than one blended, delayed picture.

  • 3

    A Full Tax Credit Review

    We conducted a deep-dive analysis of the company's workforce data to identify which federal and state tax incentives the business was eligible for and had never claimed.

The Outcome

Stronger Financial Control

The engagement moved the business from constantly catching up to operating with a system leadership could actually rely on.

A Major Credit Recovery

We identified and recovered more than $4,000,000 in tax credits the business had never claimed.

Ongoing Annual Savings

Beyond the one-time recovery, we identified an estimated $150,000 to $250,000 in recurring annual tax savings through improved planning.

Time Back for Leadership

With finance administration handled, leadership regained the time they'd been spending on bookkeeping and redirected it toward growth and guest experience.

Key Takeaway

The bookkeeping demands of a multi-location business scale faster than most operators plan for. A strong financial foundation isn't only about staying compliant. It's what gives leadership the clarity to run and grow the business with real control.

Stop Letting Your Profits Slip Away

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Serving Chicago & Other States

Based in West Chicago, Illinois, Taxnality provides expert bookkeeping, tax planning, and outsourced CFO solutions for growing businesses. Let us streamline your financial management so you can focus on building your enterprise.

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Professional Disclosure: Taxnality is not a CPA firm and is not registered as a CPA firm with the Texas State Board of Public Accountancy. Taxnality does not provide audit, attest, review, compilation, or other services requiring CPA firm registration in Texas. Where applicable, CPA services are provided separately by licensed professionals or registered CPA firms.

(331) 703 3361 1800 W Hawthorne Ln # 204, West Chicago, IL 60185, United States