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 […]
How Hospitality Businesses Can Mitigate the April 2025 NIC Increase
With Employer National Insurance Contributions (NICs) rising from 13.8% to 15% in April 2025 and the secondary threshold dropping from £9,100 to £5,000, businesses—especially in hospitality and retail—must act now to manage the additional costs. Here’s how to reduce your NIC liability and protect your bottom line. Maximise the Employment Allowance The Employment Allowance […]
How Rising Supplier Costs Impact Your Bottom Line & How to Adapt
In the ever-evolving world of hospitality and retail, one constant challenge is rising supplier costs. Whether it’s due to inflation, increased production expenses, or supply chain disruptions, businesses in the licensed trade are facing higher costs for everything—from alcohol and food to operational supplies. Without a strategic response, these rising costs can eat into your […]
Why use a stocktaker to improve the profitability of your convenience store in the UK?
Using a stocktaker can significantly improve the profitability of a convenience store in the UK for several reasons: 1. Accurate Inventory Management: Reduce Shrinkage: A stocktaker helps identify and reduce stock losses due to theft, damage, or errors, which can otherwise eat into profits. Optimized Stock Levels: By ensuring accurate inventory records, stocktakers help maintain […]
Why Use a Stocktaker In My Nightclub?
Using a stocktaker in your nightclub can provide several benefits and help you manage your business more efficiently. Here are some reasons why you might consider hiring a stocktaker: Stock Accuracy: Stocktakers specialise in accurately counting and recording your stock. They use professional techniques and technology to ensure precise measurements, reducing the chances of errors […]
Common Causes of Stock Loss
Here at Sterling Stock Auditors we help businesses within the restaurant, hotel and catering trades keep track of their stock. However, when completing a stocktake and sharing the audit with the client, we notice stock losses. There are many reasons for this. In this blog post we share the most common causes of stock loss, […]
Why A Catering Business Should Carry Out Stocktakes
As independent stocktakers we speak to a lot of catering business owners that are unsure why they should carry out stocktakes. This is an extremely common question asked by those in the catering and hospitality businesses, so we thought we would answer it in this blog post. We have put together three reasons why you […]
Increasing Your Pub Margins
If you are a pub or bar owner it is only normal that you will want to find ways of increasing your pub margins. In order to run a successful business there are many factors to consider. One of these most important factors is your pub margins. Your stocktaking routine is one of the key […]
Promote Your Restaurant This Mothers Day
Mothers Day is one of the busiest days of the year for restaurants. In fact it is busier than Christmas Day for many businesses. It is essential that you make the most of Mothers Day for your restaurant. In this blog post we share some ideas of how you can do this;
Always Measure Waste For Good Stock Control
When it comes to good stock control and management, there is not just one thing that you need to do. Lots of little tasks play an important part in good stock control. One of these little tasks is measuring waste. In this blog post we would like to share the importance of always measuring waste […]