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.
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 […]
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 […]
What Drinks Offers Should I Run in a Nightclub in UK?
When running a nightclub in the UK, offering a diverse range of drinks is crucial to cater to the varied tastes of your patrons. Here are some popular drink options that you can consider: Classic Cocktails: Offer a selection of well-known cocktails like Mojitos, Margaritas, Cosmopolitans, Old Fashioned, and Martinis. Classic cocktails have a timeless […]
How to Decide on The Drinks Suppliers for a Nightclub
Choosing the right drinks suppliers for a nightclub is crucial to ensuring you have a well-stocked and diverse selection of beverages for your patrons. Here are some steps to help you decide on the best drinks suppliers: 1. Research and Compare Suppliers: Start by researching and compiling a list of potential drinks suppliers. Look for […]
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 […]
Raising prices, managing expectations & profitability
If handled well, rising prices allow hospitality businesses to better serve their customers, whilst focusing fully on customer service. A small marginal increase in prices, will mean that in order to have the same level of takings, or income, you do not need to serve as many customers, and therefore are likely to be able […]
Are You Keeping Your Covid Changes?
Not everybody is ready to come back to your premises. That may seem like a strange thing to say after a few months since we ended locked down, but it’s a fact. It’ll tend to be the older generation perhaps, but it might be for various reasons they haven’t come back; some might have […]