Small Business Rates Relief (SBRR) Have You Claimed Yours?
Oxfordshire based Charted Surveyors Bankier Sloan have highlighted the continued variance in advice given by local councils across of the country about Small Business Rates Relief (SBRR). Chartered Surveyor, Ian Sloan, who lead the team that carried out the research believes that there are still thousands of businesses who have failed to benefit from […]
Double Digit Growth In Leisure Spend, How Did Your Experience Compare?
The Greene King August Leisure Spend Tracker Report showed that Drinking out in July grew by 14% to £46 due to the good weather tempting household to drink outside of the home.
Sainsbury’s Freefrom Oaty Muesli recalled
Sainsbury’s has recalled its Freefrom Oaty Muesli because a limited number of packets may contain almonds and hazelnuts, which are not declared on the label.
Timothy Taylor’s Boltmaker crowned Champion Beer of Britain at the Great British Beer Festival
After over a year of local tasting panels and regional heats leading up to the finals, CAMRA, the Campaign for Real Ale, is today proud to announce that Timothy Taylor’s Boltmaker has been crowned the ‘Best Beer’ in Britain at the Great British Beer Festival, Olympia, London.
Our Weekly Roundup of Licensed Trade News – 4th – 8th August
Monday Propelinfonews.com: Record numbers of Brits enjoy a staycation: A survey by Travelodge has found that almost three-quarters of Brits are enjoying a staycation this year, up from 65% last year and 33% in 2010. Cornwall and London are the most popular destinations. Propelinfonews.com: Bulldog Hotel Group reports 18.61% like-for-like sales growth in July: Bulldog […]
How Many Shots in a Bottle?
One of the most often asked question over the last 18 years, when I am stocktaking, is how many shots are there is a bottle? Well the answer will of course depend on the size of the bottle and the size of the Measure.
Our Weekly Roundup of Licensed Trade News – 21st-25th July
Our Weekly Roundup of Licensed Trade News – 21st-25th July
Why Do I need to do Food Stocktaking?

As the sale of drink continues to fall more and more business depend of food as their main source of turnover.
Food stocktaking has never been more important in running a successful business. Without proper procedures in place, margins can deteriorate quickly. With the decline of sales of alcohol more and more businesses are depending on food as their main source of revenue.
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.