Leisure and Hospitality
Our leisure and hospitality sector experts bring a wealth of expertise to guide you
Our Leisure and Hospitality Team provides specialist assurance and advisory expertise to a wide variety of businesses spanning the sector.
Just some of the areas of interest to the sector currently are:
Burden of regulation
The leisure and hospitality sector is faced with an ever-changing burden of regulation, ranging from accounting standards to the apprenticeship levy and national living wage. If you are contemplating the transition to IFRS accounting, wondering where you currently stand on troncs, trying to establish how the national living wage may affect your business, debating whether you should be converting to a REIT or any other such issues, do give us a call.
Deciding where the growth of your business should come from is always a pressing concern and perhaps more so than ever in the current market conditions. We can work with you to overcome the barriers to growth, to develop or adjust your strategy and to fine tune your current business model, for example through working capital management techniques which free up the cash in your business.
More and more groups in the leisure and hospitality sector are looking to expand overseas. BDO’s international team can help you to work through the options available to you (joint venture, opening a branch, franchise, acquisition) and to ensure that when you do make the leap you have planned for the most efficient tax structures and have the necessary knowledge on the ground. With more than 1,300 offices in over 150 countries, we have the local expertise to assist you.