Episode 357
Marta Grumberg, Accounting for Restaurant Operations
Welcome back to the podcast where we explore the creative process and innovation across industries. We’ve been on a global journey, speaking with authors, singer-songwriters, inventors, restaurateurs, and more—making virtual stops in Capetown South Africa, Queensland Australia, Milan, Italy, Santiago, Chile New York, and Miami. Today, we’re diving into the creative side of financial management in the food industry.
Joining us is Marta Grumberg, the driving force behind Grumberg Accounting, a firm that specializes in bookkeeping, payroll, and tax consulting, particularly for the restaurant, bar, and catering sectors. We’ll be discussing how proper financial structures can fuel business growth, identify hidden costs, and optimize cash flow.
@grumberg_accounting on Instagram
Interview Guide:
The Hidden Costs in Restaurant Operations
“Restaurant owners often focus on front-of-house operations, but hidden costs can eat into profits. What are some of the most common overlooked expenses in restaurant operations, and how can owners stay ahead of them?”
Strategies to Optimize Cash Flow
“Managing cash flow is one of the biggest challenges in the food industry. What practical steps can restaurants take to improve their financial health and ensure long-term sustainability?”
The Role of Cost Analysis in Menu Pricing
“Many restaurants struggle with pricing their menu items competitively while maintaining profitability. How does proper cost analysis help in setting the right menu prices, and what mistakes should owners avoid?”
Specialized Accounting and Business Growth
“How does working with a specialized accounting firm like Grumberg Accounting give restaurants a competitive edge compared to traditional bookkeeping services?”
Adapting Financial Structures to Industry Trends
“The restaurant industry is constantly evolving, from supply chain challenges to changing labor costs. How can restaurant owners adapt their financial strategies to keep up with these trends?”
Listeners, you can learn more about Marta and her team at GrumbergAccounting.com.
Special thanks to our sponsor, White Cloud Coffee Roasters. Enjoy a 10% discount off your specialty coffee order with the code ‘CREATIVITY’ at checkout. Visit WhiteCloudCoffee.com