You'll receive frequent bookkeeping updates from us, tailored to the unique needs of escape rooms. Have urgent inquiries that just can't hold? Rest assured, we'll respond to you within one business day, if not sooner.
Our platform allows automated data inputs from leading providers, ensuring your escape room business avoids typical financial errors. We collaborate with top-tier merchants such as Gusto, Stripe, Shopify, and Square—ensuring your books are always on point and your finances meticulously accurate.
Forget about endless stacks of financial documents and stressful manual record-keeping—we connect directly to your linked accounts for automated bookkeeping. Grasp your escape room business's financial status easily with insights from one centralized dashboard. Strategically plan your next steps with the help of Bench Accounting.
DR. BUKKY KOLAWOLE
Running an Escape Room business might present specific bookkeeping challenges such as tracking and allocating variable income from ticket sales, managing the diverse costs of props, replacing and maintaining game components, and staff wages. Also, seasonal fluctuations in income and high upfront costs can make standard accounting methods a little tricky. Ensuring each escape room's income and expense are correctly recorded would be a regular challenge.
At Bench Accounting, we understand the unique needs of your Escape Room business, including the crucial task of tracking ticket sales and equipment costs. Our dedicated bookkeeping services can help you record and monitor these transactions regularly so you can focus more on what you do best: creating engaging escape experiences. Through our digital platform, you can access updated financial reports anytime, giving you a clear picture of your revenue, expenses, and overall business health. Hence, with Bench Accounting, managing your financials becomes easier, freeing you to innovate and expand your business with confidence.
Just like any other industry, the Escape Room industry is not exempted from tax considerations. Key considerations include sales tax, entertainment taxes, deductible expenses such as start-up costs, utility bills, equipment, and salaries, among others. Navigating through these tax considerations can be complex and demanding.
Bench Accounting can immensely assist in this regard. We provide expert bookkeeping services tailored to your industry. Our highly skilled team will manage your books, advise and file taxes on your behalf while ensuring you take advantage of the tax allowances that your Escape Room business is entitled to. In this way, you not only stay compliant but also maximize your profits.
Nope! All bookkeeping is completed in-house.
Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.
We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.