Accounting & Bookkeeping for hospitality businesses

Turn up the heat on your financial future.

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Spending long hours in the kitchen, on the floor or behind a bar doesn’t leave any owner of a hospitality business with much time to deal with cash flow and financial planning. If you need someone to cook your books – in a thoroughly legit way, of course – our team of accountants, bookkeepers and business advisors is here to stir things up.

Like a tasty solution to your accounting dilemmas? Let’s talk

LEt's Talk

Accounting is a little bit like making a cake. Admittedly, it’s not anywhere near as tasty, but that’s the burden of being good with numbers rather than food. You do, however, have to be very precise to get the best results. And that’s where Illumin8 can assist your hospitality business and help profits rise.

As accountants, bookkeepers and business advisors, we’re experts at recording and interpreting financial information, so we can take the pain away from the business side of your small business. We can free up your time, so you’re able to better serve your excellent food, tasty booze and undeniable charm to your customers. 

Talk to us about your plans for the business and how you’d like to get there, and we’ll formulate ways to do things better, tailored to your specific business. Want to go from food truck to franchise, or from beer connoisseur to pub owner? We can help you get your finances on track to make your delicious dreams come true.

“Illumin8 practice what they preach. They're forward-thinking & engage with their clients.”

Andrew Hall

Foundation Builders

Meet Andrew, Director of Foundation Builders. They are high spec builders that create value through innovation. Since partnering with us in 2014, we have worked together to grow a healthy & impactful business. Stuff like running monthly management meetings, working with building KPI's, and setting up the right trading structures to provide future security for their business.

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accounting partner

Your
Next
only
accounting parnter

Your
Next
only
accounting partner

Our team of small business accounting experts, bookkeepers, tax specialists and business advisors are here to help. Let’s chat.

81 Watt Road, Mornington, VIC, 3931

Unit 17, Ground Floor/15 Cochranes Rd, Moorabbin VIC 3189

(03) 9787 6872

hello@illumin8.com.au

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GOT 
QUESTIONS?

We're more than happy to help.

Do you provide assistance with accessing loans, funding or grants?

Got plans to grow but need some sweet, sweet cash to make it happen? Most grants and all banks are going to want to see accurate financial records and reports before dropping money into your account. Our team of experts can provide you with guidance to access grants and loans and help you achieve your goals faster.

Can you help streamline my finance and accounting processes?

We’ve got our heads in the cloud — in a good way. Using a cloud accounting program and other technology can streamline business processes and drive efficiency. It’s especially true for hospitality businesses, where you can add time-saving tech like Square if you’re selling your homemade jam at a market stall, QR codes so people can order and pay at their table, or integrated online ordering systems so customers can order takeaway or delivery directly from you. We’re all about helping you work smarter, not harder.

Do you manage company finances?

OK, you might have got good grades in maths class all those years ago, but do you really know how to keep track of the finances in your small business? Depending on the size of your hospitality business, it’s possible you’ve got a box of receipts and a paper ledger doing all your heavy financial lifting. It’s time to talk to an accountant who can help you streamline the management of your finances with access-anywhere technology. Yep. Say hello to cloud accounting, which brings accurate business metrics to your fingertips, anytime and anywhere.

Can you help with tax compliance and reporting?

If you tend to leave all the thinking about your tax until the end of the financial year and avoid calls with the ATO, you’re not the only one. Without the help of an accountant, tax specialist or bookkeeper it’s easy to become confused by what is required to remain compliant and keep your numbers in the black. As small business tax and accounting specialists, it’s our job to maintain records and reporting and keep you compliant. We’re here to bring you peace of mind when it comes to record keeping and financial reporting, so you can get back to the business of food and drink.

Do you provide advice about business planning?

We can provide you with strategic business advice to help you make the most of the present and plan for the future. That could involve putting together a five-year plan for your business with goals and milestones or workshopping how you can add a second outlet or upgrade the kitchen while still being profitable, plus a whole lot of other stuff in between.

Do you help with cash flow, budgeting and forecasting?

They’re important for all businesses, but in a high turnover industry like hospitality, it’s even more so. You’ve got suppliers dropping off orders, high and low seasons to contend with and staff to pay every week, so cash flow, budgeting and forecasting needs to be accurate and ongoing. When you get that right – and our team of bookkeepers, accounts and business advisors is here to help you plan for success – you’ll be stressing less about money and focusing on serving your customers.

Why choose Illumin8 for your hospitality business?

Switching accountants or engaging an accountant for your small business the first time is a big deal. We get it. To help you decide if you’re ready and if we’re ‘the one’, we’ve pulled together some As to frequently asked Qs.

accounting partner

Your
Next
only
accounting parnter

Your
Next
only
accounting partner

Our team of small business accounting experts, bookkeepers, tax specialists and business advisors are here to help. Let’s chat.

81 Watt Road, Mornington, VIC, 3931

(03) 9787 6872

hello@illumin8.com.au

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.