For owners in Frisco
When a big tournament or a home game brings crowds to Frisco, nearby businesses can have a week that looks nothing like the rest of the month. We record that week as it happened, so a monthly average doesn't hide it.
Tell us your busy week.
The picture shows the path beside Riders Field, where fans walk in before a game. On a game night, the shops and restaurants nearby can do several days' worth of business in a few hours. A week like that should look big in your books too. The quieter days around it should look quiet.
Each spring, an international youth soccer tournament plays games in Frisco, and teams and families come in from out of town. Hotels, restaurants and shops can have a very busy week or more. If you only look at a monthly average, that busy week shrinks and the slow days look better than they were. We keep each week's real numbers in your books.
You already know which week was your busy one. Tell us, and we'll label that week in the books. Then it won't get lost inside one March, April or May total that hides both the rush and the slow days around it.
The RoughRiders have played at Riders Field since it opened on April 3, 2003. A home game can move your deposits the same way a tournament does. A game week and a tournament week bring different crowds. Either one can make a week look very different from the week before. If you plan your cash from the monthly average, you may come up short in the busy week and be surprised by how slow the next week is.
Handling a busy week in the books is ordinary work. The deposits stay in the week they came in. The sales tax you collected that week stays with those sales. Once your payroll provider is running payroll, wages for extra help post on the actual payday. You don't need a special account for event weeks. You just need books that keep each week's real numbers.
Maybe your business doesn't feel the tournament at all. Every business still has a week that's different from the rest. Tell us which one is yours, and we'll make sure it stands out when we close the month. We'll do that even if the slow days are the ones you remember best. Your bank statement already shows the busy days and the slow days, and your books should too.
Say your year had two huge weeks. If you split the year into twelve equal months, those two weeks look smaller and the slow months look better than they were. A lender who sees the smoothed numbers may think your business is steadier than your bank account shows.
We'd rather show you the busy weeks and explain them. Smoothing them out now only leads to harder questions later.
Home games at Riders Field and the youth soccer tournament come on different dates. Your shop might feel one of them, both or neither. We ask which weeks your deposits actually jumped, and we leave the other weeks as they were.
Say you bring on extra help for one weekend. Once payroll is set up, their pay still runs through your provider, and those wages belong on the actual payday. If you spread them across the month, your labor costs look steady. Then the busy week looks more profitable than your cash shows.
If you close your books monthly and a busy week runs across two months, we split it by the calendar date. Your bank does it the same way. One of the two months may then look slower than you remember, and that's fine because it's accurate.
It could be a tournament week, a home game or just your own busy Saturday. Tell us, and we'll look at that month first.
You will be talking to the Steven Palmieri practice.