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 […]
Sterling Stock Auditors – BLOG – How To Keep Your Pub Moving Through CV-19
I think we can all agree that the local pub is missed. Especially with the warmer weather we have been experiencing recently. The local beer garden would be a welcome treat on those sunny and warm evening. Right now however, it’s not meant to be. The local pub is a place of friendship, happiness and […]
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 […]
Hotels Can Improve Margins With An External Stocktaker
Hotel owners that engage with external stocktakers see around 3% added to their margin, on average. This is because the external stocktaker produces detailed stock reports on a monthly basis and by keeping track in this area of the business potential margins can be found and improved via better stock control and analysis.