Spring Cleaning Your Stock Taking
While January and February tend to slow down in the catering and hospitality industries, March and April seems to affect these industries like no other industries. The evenings are growing lighter and the weather is more pleasant. Consumers are enjoying evening strolls to their local pubs, meals out in restaurants and trips out for a […]
Why Do I Need To Conduct A Stocktake?
Just to start with, you don’t need to conduct the stocktake yourself; you can hire an independent stocktaker, like us, to conduct your stocktake for you. However, a stocktake does need to be conducted within your catering or hospitality business and in this blog post we tell you why.
Buying a pub/bar – The day of acquisition
Today I wanted to talk to you about the day that you actually take over your new pub or bar. On the day you will need to have your stock valued, so that means as soon as you have a date from your solicitors, you need to be booking at a stock taker. Especially […]
The Main Parts Of Our Stocktaking Service
As stocktakers for the catering and hospitality industry, we are often asked what we actually do and the stocktaking service we offer. We thought we would take this opportunity to explain the four main parts of our stocktaking services so people can better understand exactly what we do, and how we do it.
What To Do Once You’ve Chosen Your Pub/Bar?
Today I want to talk about what you need to do when you’ve found your ideal pub or bar. At this point you’ve viewed the property decided you like it and you think you can afford it. The next stage that you’re probably going to have to take is proving your idea. First thing is […]
First Steps In Owning A Pub
Today I want to talk to you about your next steps to take when your going about opening or owning a pub. At this point: You’ve looked at your finances You’ve decided what you can afford You’ve decided what kind of model you want (read more here) If you’re new to the trade, one tip […]
Business Planning and KPI
Today I want to talk about business planning. December in the hospitality business is really mad, you’re flat out, you’ve got no chance of reviewing last year let alone planning for this year. A lot of other industries spend December to January, doing all their reviews of the previous year and they’re planning for the […]
Why You Need A Well-Structured Stocktaking Process
As professional independent stocktakers we would recommend that a stocktake is completed at least once a month. For many catering and hospitality businesses this tends to be completed at the end of the month. The reason that a well-structured stocktaking process is required is because this is when you find can identify any stock discrepancies, […]