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Leisure, Hospitality and Travel

At Kingston Smith our leisure, hospitality and travel sector has grown with a range of clients from gambling and holiday parks to hotels, restaurants, pubs, contract caterers, travel agents, tour operators and travel companies.

The leisure, hospitality and travel team

The four partners in our dedicated leisure, hospitality and travel team have over 85 years’ experience of supporting many owner-managed leisure, hospitality and travel businesses. We have developed a deep understanding of the issues businesses in the industry face, which enables us to offer practical, realistic advice and share areas of best practice to help our leisure, hospitality and travel clients succeed.

How we can help you

We offer practical commercial advice taking into account the legislative and statutory position as well as the operational and practical issues. We understand how critical obtaining key financial information is in managing and monitoring your operations whatever hours you operate.

Kingston Smith are business advisers who help clients succeed. We offer a full range of services designed to help your leisure, hospitality or travel business succeed in tougher trading conditions. Through understanding the issues facing the industry at present we can help with incentives, avoiding tax traps and getting the structure of your business right. We are often a sounding board for clients not just on accounting issues but general business and legal areas. If you are opening your first site; or need assistance in how to take the next step in operations and strategy to branch out with multiple sites; or even how to go about developing an exit strategy, we can help. Here are some of the practical ways we can do that:

Funding advice
We can guide you on what help may be available from government, banks and lenders for raising and maintaining finance.

Business structures
Whether you are a start-up, planning a management buy-out, considering exit strategies, or acquisitions or disposals, we make sure we understand your ambitions for your business and ensure you have the correct structure and support.

Financial and accounting support
Access to timely and accurate management information is vital in ensuring the right decisions are taken. We have a dedicated team available to work closely with your in-house resource on bookkeeping and management accounting functions.

HR issues
We can advise you on the commercial strategies and employment law aspects of retaining your top talent, motivation and management in difficult times. We can also assist with contracts, dispute resolution, outsourcing payroll services and how to reduce staff numbers if necessary.

Personal financial planning
Our dedicated wealth advisory service team draw on the knowledge of tax specialists, lawyers, investment strategists, mortgage advisers and accountants to provide a comprehensive personal financial planning service to business owners.

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