Our Results Speak for Themselves

At Brightline CFO, we specialize in hotel, entertainment, restaurant and bar accounting, but our expertise extends to a wide range of industries. Our results speak for themselves. Through dedicated expertise and tailored solutions, we've consistently delivered exceptional outcomes for our clients across various sectors. From streamlined accounting processes to insightful financial strategies, the impact of our work is evident in the success and growth of the businesses we support. We pride ourselves on demonstrating excellence not just through promises, but through tangible results.

Engagement Summary:
Brightline CFO provided extensive support to the accounting team of an 11-location company in Wyoming, specializing in Live Horse Racing events, simulcasting, and Historical Horse Racing terminals at multiple Horse Palace OTB locations.

Our Approach:
Our involvement included a thorough analysis of construction projects to ensure accurate accounting treatment, mastering the company's fixed asset software, and meticulously recording projects placed into service. This detailed approach allowed for precise calculations of both book and tax depreciation.

Results:
Our comprehensive support led to substantial savings on annual CPA fees by ensuring accurate depreciation calculations and effective use of fixed asset software. The meticulous handling of accounting tasks translated into significant cost reductions for the company.

Engagement Summary:
Brightline CFO was engaged by a family-owned business in a highly regulated industry that faced significant financial challenges following the unexpected passing of the owner. The business, struggling with a considerable tax liability, had cycled through multiple bookkeepers over the past three years without resolving their issues.

Our Approach:
Our team began by addressing the current year’s bookkeeping. However, a detailed review of the financial statements uncovered deeper issues requiring extensive adjustments to ensure accuracy and compliance. We identified discrepancies and inconsistencies that had been missed by previous bookkeepers, necessitating a comprehensive cleanup of financial records from the past three years.

Results:
Through our thorough approach, we successfully amended the business’s tax returns, resulting in substantial savings. Federal taxes were reduced by $130,000, and state taxes decreased by $53,000. These significant reductions underscore the value and impact of Brightline CFO’s meticulous accounting services.

Engagement Summary:
Brightline CFO was engaged by a food manufacturer to provide QuickBooks Online (QBO) mentorship services. During the engagement, we discovered significant misstatements on their balance sheet, leading to inaccurate profit and loss reporting.

Our Approach:
Our approach involved a detailed analysis of the balance sheet to identify and correct inaccuracies. We made necessary adjustments to accurately reflect the balance sheet, resulting in a cumulative correction to net income. This provided the client with a reliable financial foundation to continue their own bookkeeping with confidence.

Results:
The corrections made to the balance sheet and net income resulted in more accurate financial reporting, offering the client a solid starting point for their bookkeeping efforts. This enhanced accuracy supported better financial decision-making and reporting moving forward.

Why Choose Brightline CFO?

At Brightline CFO, our proven results make us the ideal choice for your accounting needs. Our specialized expertise, particularly in the hospitality industry, extends to a variety of sectors, demonstrating our adaptability and comprehensive understanding of diverse financial landscapes. We deliver exceptional outcomes through tailored solutions that streamline accounting processes and provide insightful financial strategies. Our track record of success is reflected in the tangible growth and enhanced performance of the businesses we support. When you choose us, you're not just hiring an accounting service—you're partnering with a team dedicated to achieving excellence and driving real, measurable results for your business.

WORK WITH HOSPITALITY INDUSTRY EXPERTS

BrightLine CFO partners with Hospitality Industry Owner/Operators to provide CFO-level, accounting and bookkeeping services. We work with hotels, night clubs, bars, restaurants, caterers, bakers, and the like. Our fee structure is value-oriented and is tailored for our clients' specific needs.

Our team has decades of executive-level finance/accounting experience, primarily in the hospitality, gaming and food and beverage sectors. We've led teams ranging in size from 5 to 65 and believe in a collaborative approach to leadership when making important business decisions.

From entity structure and tax planning, to accounting, budgeting, and profit analysis, we will help you extract the maximum amount of value of your business. We work 100% remote and paperless, which allow us to serve clients nationwide, and are QuickBooks Pro Advisors.

As members of a national network of experts, we can answer and advise on almost any accounting or tax situation that our clients will encounter, which in turn, provides our clients with unparalleled value.

SERVICES

OUR PATHWAY TO
PROSPERITY PROCESS

Foundation Enhancement

Clean
Up

Are your books a bit messy?

Let's tidy them up by scrubbing away any mess and streamlining your processes and procedures to ensure your business is rock solid.

Insightful Reporting

Monthly

Bookkeeping

Wondering how your business is doing?

Stay in the loop with up-to-date data and comprehensive reports on how your business is doing, including a monthly review call to analyze your financial performance together.

Strategic Advisory

Business
Growth

Ready to take your business to the next level?

We'll collaborate on personalized strategies and actionable steps aimed at maximizing your profits and enhancing overall performance.

Learn more.

OUR HELP,
YOUR WAY

Are you managing your hospitality business finances on your own, but seeking expert guidance? Our specialized virtual CFO-level bookkeeping services are designed for owner/operators like you. Get the support you need to navigate financial complexities, optimize processes, and drive success in your business. Let's work together to elevate your financial management and propel your business to new heights.

Let's talk!

DIY Bookkeeping

Mentorship

Want to take control of your own business finances?

Our mentorship program will give you the skills to manage your books like a pro.

ABOUT

MEET THE CFO

Gina is the Owner and Managing Director of BrightLine CFO. She holds a Masters in Business Administration as well as a Bachelor of Science in Business Administration (Accounting).

Having extensive hospitality and casino accounting experience from some of the most well-known Las Vegas Strip hotels, and also having owned two gaming taverns and a bartending school herself, she is well versed in the nuances of hospitality accounting and understands what it means to run and operate a small business and the many hats that owners must wear.

Her goal is to become a trusted business partner by providing quality work in order to help small business owners reach their financial goals.