Tuesday’s Cost Reduction Tip
Lighting – PIR According to figures from the Carbon Trust, lighting makes up 25% of the electricity use in a Hospitality business. As well as converting your lighting to LED consider using motion sensors in low use areas such as corridors in hotel, cellars, store cupboards and toilets. A PIR (passive infrared) sensor turns lights […]
Mondays Food Cost Tip
Monday Specials Board If you run a Sunday Carvery then consider using a specials board and planning your Monday specials to use up left over Carvery items. Vegetables can become soups. Meat can be used to make Curries, consider running a Monday Curry Club. This not only uses up food but it can boost sales […]
How to make your pub more successful – The Lost Art of Up Selling
It is generally thought that there are three ways to make your pub successful Get your customers to spend more on each visit. Attract more Customers through your doors. Get your customers to make more visits to you pub I also think there is a fourth Control your costs. For today I will concentrate on […]
What should I look out for when entering into a new Gas or Electric supply contract?
Consider what energy contract is suitable for your business needs, shop around and compare supplier’ offers. As business tariffs are not published online this means phone each supplier or a broker such as ourselves could help you. Read and make sure you understand the key points of your contract. When you receive them read the […]
Why Is this Hurting Your Bottom Line?
In a bar you have all sorts of cooling equipment such as Flash Coolers, Bottle Fridges and Cellar Coolers. They are designed to radiate heat into the air around them.
10 Tips to Help Hospitality Businesses Reduce Card Processing Costs
1. Shop Around – Just as when you are looking to employ a builder you are advised to get at least three quotes, you should never sign with a Card Processor until you have obtained a range of quotes. Prices can vary by around 40%. Tell suppliers that you speak to that you are shopping […]
The Enhanced Capital Allowance Scheme for Energy Saving Technologies
Or How to give your cash flow a boost and reduce your operating costs. The Enhanced Capital Allowance (ECA) Scheme was brought in by the Government to encourage businesses to switch to energy saving technologies that are listed on the Energy Technology List (ETL). The ECA scheme allows business to write off 100% of the […]
PayPal – Is it the Best Payment Provider as your E-commerce Grows?
Paypal has become the first stop for most businesses when they first start with E-Commerce. It is easy to join and its ease of use is of course appealing to a new business. All transactions are charged the same regardless of the card type. However, as your business increases, PayPal can become an extremely costly […]
WorldPay Merchant Services Prices Set To Rise
WorldPay has recently informed their customers of their latest price increase for merchant services. In their letter/email they advise that the “majority will see an increase in their costs of accepting Visa debit cards”. WorldPay has a market share of 40-45% which makes it the largest merchant services acquirer in the UK and visa debit is […]
How To Reduce Your Card Processing Costs – Tip #10
If your business is growing – Re-tender. Pricing works on volume and if your volume has significantly grown you may qualify for a lower priced tier. And of course, your existing supplier will never offer up a volume based rate review with out prompting.