My revenue is up but I have no cash. What is going on?

Usually the margin leak is in costs that are not tracked by location or product, or in working capital tied up in inventory and timing. We run a rapid diagnostic, build a 13-week cash flow model and find the leak before it becomes a covenant problem.

Can you help prepare financials for a lease or a landlord in the New Rochelle downtown developments?

Yes. We prepare the financial model and reporting package a landlord or lender needs before a lease or a loan closes, including projections and the assumption documentation they underwrite against.

Where We Serve · Westchester County

Accounting, CFO and Turnaround Services in New Rochelle, NY

The C2 Group Inc. provides accounting, outsourced CFO and turnaround services to businesses in New Rochelle, Westchester County. The firm has served Westchester businesses for over 30 years from its office in Pleasantville, New York. New Rochelle has been through sustained downtown redevelopment, and the restaurants, practices and small businesses here are growing into the revenue band where a fractional CFO, clean systems and a turnaround plan start to matter.

Book a Free Consultation (914) 210-1008

Doing business in New Rochelle

New Rochelle is one of Westchester's largest cities, with a downtown that has been through sustained high-rise and mixed-use redevelopment. A commercial spine runs along Main Street and North Avenue, supported by an active restaurant and hospitality sector, healthcare and dental practices, and a growing base of professional services. Iona University adds an institutional and services layer, and waterfront and marina-related businesses line the Sound. Growth at that pace outruns the accounting system and the reporting that satisfied the business a few years earlier. The work in New Rochelle runs toward accounting and tax for practices and hospitality operators, turnaround for margin-squeezed restaurant and retail businesses, and financing for owners expanding into new downtown space.

Our Office

The C2 Group Inc. serves New Rochelle from its Westchester office in Pleasantville. We meet New Rochelle clients at our office, at their location, or virtually. There is one office, no exceptions.

265 Pleasantville Rd, Pleasantville, NY 10570
Monday–Friday, 9:00 AM – 6:00 PM ET
(914) 210-1008

How we work with New Rochelle

The work here runs toward the senior end of the practice.

Restaurant and multi-unit hospitality operators in New Rochelle come to us when revenue is up but cash is gone, needing a 13-week cash flow model and a cost restructure to find the leak.

Healthcare and dental practices here use us for accounting and tax plus a fractional CFO layer that produces the reporting a lender or partner will accept.

Owners taking new downtown space bring us in for business plans and financing, including the financial model a landlord or lender needs before a lease or a loan closes.

When a margin-squeezed restaurant or retail business is losing money, we run the turnaround diagnostic and 90-day plan before the covenant breaks.

Services for New Rochelle businesses

Eight disciplines, one senior team.

Accounting & Tax

Monthly close, financial statements, business and personal tax, multi-state filing, and year-round planning instead of April scrambling.

Outsourced CFO

Fractional CFO retainer, 13-week cash flow modelling, KPI dashboards, board and lender reporting, and margin analysis.

Turnarounds

Rapid diagnostic, cash stabilisation, creditor workouts, and a 90-day execution plan when the business is losing money and the covenant is near.

Valuations

Defensible valuations for sale, purchase, partner buyout, estate and gift, and lender requirements.

Systems Design

System selection and implementation, chart of accounts rebuild, close-process design, internal controls, and reporting packages.

Plans & Financing

Lender-ready business plans, financial models, SBA and conventional loan packages, capital structure advice, and lender introductions.

Growth Advisory

Strategic planning, market and margin expansion, acquisition due diligence, succession and exit readiness, and performance improvement.

Expert Testimony

Expert witness testimony, forensic accounting, economic damages and lost profits calculations for attorneys across the tri-state area.

A representative engagement

The shape of the work, close to New Rochelle.

TurnaroundDiagnostic in 2 weeks; restructure over 3 months.

A New Rochelle restaurant group with two locations

Situation: Revenue had grown with the second location, but cash was deteriorating and the owner could not explain why. The bank was asking for updated financials.
What we found: Food and labor costs were not tracked by location. The two units ran on one set of books with no location-level margin, and the second site was quietly losing money.
What we did: We split the books by location, built a 13-week cash flow model, restructured food and labor costs and produced a reporting package the bank accepted.
Result: The owner saw location-level margin within 30 days, closed the gap on the weaker unit, and kept the bank facility on renewed terms.

See all case studies

Tax and compliance in New Rochelle

The filing questions that catch owners out.

Rates and thresholds are confirmed against current state guidance before they touch a return.

New Rochelle businesses file NYS corporate or pass-through returns and Westchester combined sales tax where applicable [verify current rate]. Food service and mixed-use operators face specific sales tax compliance rules on prepared food, beverages and mixed transactions. Tip and payroll reporting is a recurring area where hospitality businesses create exposure. Owners taking new downtown space need to treat leasehold improvements and commercial lease costs correctly. We also review the NYS pass-through entity tax election for practice owners and confirm every rate against current guidance before it touches a return.

Questions

New Rochelle questions, answered.

Yes. Restaurant and multi-unit hospitality operators are a core engagement type for us in New Rochelle. We split books by location, build 13-week cash flow models, restructure food and labor costs and produce the reporting a lender will accept.

Getting here

Approximately 14 miles from New Rochelle. About a about 25 minutes drive from our Pleasantville office.

The office is in Pleasantville, Westchester County. Most engagements run on a mix of on-site and remote work, so the drive is for the meetings that genuinely need to be in person.

Relevant insights for New Rochelle owners.

Where else we serve

Neighbouring communities.

Start here

Tell us what is going on. A senior advisor reads every message.

The first consultation is free. Daniel W. Correa, CPA, PhD or a senior advisor responds within one business day.

(914) 210-1008

Free Consultation

A 30-minute call costs you nothing. Not making it can cost you a quarter.

Tell us what is going on in the business. We will tell you whether we can help, what it would look like, and what it would cost. No pressure, no obligation.

Results, not reports.

Book a Free Consultation (914) 210-1008