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.
Reducing Energy Costs in a Catering Kitchen.
As commercial kitchen equipment ages it becomes less efficient.
Protect your bottom line with a qualified Stocktaking firm
Would you know the position of your business at a given time? How regularly do you take stock of your business – regularly checking your outgoing business costs and your income as well as sales? Would you know if you have an issue with pilferage – do you know if your staff are abusing privileges or your trust? With out regular stocktaking, you would not necessarily know.
With the increasing challenges that many licensed business face in attracting and maintaining a steady flow of customers, balancing the books and being as cost effective as possible – it can be over whelming and extremely time consuming for business owners.
Stocktaking doesn’t have to be a chore
Many licensees believe that having their accounts prepared once a year by an accountant will keep their business on the straight and narrow. Sadly, many who follow this course are often shocked to find that they have not made as much money as they thought over year, then panic. Over or under calculating wastage can be doing harm to your bottom line that if you leave a full stock check till then year end, you will find it irrevocable.
The Sterling Group gives your licensed business peace of mind by performing a thorough check across the whole business. This not only tells you the current ‘cash-value of your business’, but also indicates where you could save money on vital utilities and ‘tools of the trade’. Having worked and lived in the licensed trade for many years, our fully qualified stock taking expert can also advise on areas to help keep you compliant and fulfil the regulations involved with owning a food or beverage operation.