Leicester & East Midlands Hospitality Boom: Why Effective Stock Control is Key to Staying Competitive
The hospitality industry in Leicester and the East Midlands is experiencing significant growth. New restaurants, bars, and hotels are opening across the region, and visitor numbers are reaching record highs. This boom is fantastic news for the local economy, but it also means that competition among hospitality businesses is fiercer than ever. To stay ahead […]
Why Stocktaking is Essential for Leicester & East Midlands Hospitality Businesses
Leicester and the East Midlands are experiencing a hospitality boom. In 2023 alone, over 31 million people visited Leicester and Leicestershire, contributing a record £2.39 billion to the local economy—a 15.5% increase on the previous year. The region’s reputation as a vibrant destination for food, drink, and culture continues to grow, with new venues opening and established businesses welcoming […]
The Stocktaking Sweet Spot – How Often Is ‘Just Right’?
Weekly, Monthly, or Somewhere in Between? Find Your Food Stocktaking Rhythm Welcome to Blog 3 in our series: Better Stock, Better Profits: Smarter Food Management for Pubs & RestaurantsIn this post, we’re tackling one of the most common stocktaking dilemmas: how often should you actually be doing it? Whether you run a wet-led pub, a […]
How to Take Stock Without Losing Your Mind (or Your Weekend)
Better Stock, Better Profits: Smarter Food Management for Pubs & Restaurants – Blog 2 By Sterling Stock Auditors Running a hospitality business is hard enough. The last thing you want is to spend your precious weekend wrestling with spreadsheets, counting half-empty bottles, and second-guessing food costs. Yet for pubs and restaurants, stocktaking is one of […]
The Hidden Costs Lurking in Your Kitchen
What’s Really Eating Your Profits? (Hint: It’s Not Just the Rent) If you run a pub or restaurant, you already know margins are tight. Between energy bills, staffing, and supplier price hikes, it can feel like you’re constantly plugging holes in a sinking ship. But here’s something most owners and managers don’t realise: 👉 It’s […]
The Hidden Costs of Poor Stock Management in Hospitality
In the fast-paced world of hospitality, every penny counts. Yet, poor stock management continues to quietly drain profits from many restaurants and pubs. While daily operations keep staff busy, overlooking stock control can lead to significant — and often hidden — costs. The Hidden Costs of Poor Stock Management in Hospitality was last modified: April […]
Why Food Stocktaking is Essential for Pubs & Restaurants
Introduction Food stocktaking is often overlooked in busy pubs and restaurants, yet it plays a crucial role in profitability and efficiency. Without proper stock control, businesses face excessive food waste, over-ordering, and shrinking profit margins. This blog explores why food stocktaking is essential and how it can transform your business operations. 1. Reduces Food Waste […]
Understanding Food GP% – Why It’s Vital for Profitability
Week 1: Understanding Food GP% – Why It’s Vital for Profitability What is Food GP%? Food Gross Profit Percentage (GP%) is a key metric in hospitality, measuring how much profit is made on food sales after deducting ingredient costs. A strong GP% ensures your business covers operational costs and remains profitable. How to Calculate Food […]
How Can Pubs & Nightclubs Use Their Space During Non-Core Operating Hours To Generate Revenue?
Pubs and nightclubs can maximise revenue by utilising their spaces during non-core hours with creative, community-driven, and business-focused initiatives. Here are some ideas: Daytime Café or Co-Working Space Transform the venue into a co-working hub with high-speed Wi-Fi, coffee, and light snacks. Offer meeting space rentals for freelancers and remote workers. Provide networking events or […]