What Does ‘Taking Stock’ Mean?
‘Taking Stock’ is another way of saying stocktaking or completing an inventory. It is a process of counting the amount of stock in your hospitality or catering business. The stock counted will include things like food, drink, linen, cleaning products and other items. The quantities of stock are then matched against the cost of each […]
Seasonal Stock Management
Seasonal stock management is a major area of stock management for nearly all catering and hospitality businesses. It is only normal that the mere thought of stock seasonal management is enough to give any catering or hospitality business owner a headache. Of course you can look at previous years business to predict the seasonal highs […]
Card Processing Costs
Today I want to talk to you about card processing costs. It’s one of the costs we can look at in a business. It’s quite complicated, it can be quite time consuming to find all these different people. One of the biggest mistakes we find is that people don’t sign up for the PCI compliance. […]
Theft At Christmas
Today I want to talk about theft at Christmas. It’s the time of year where you’re really really busy, it’s the time when you’ve got probably your maximum stock in your building. But it’s also a time where you might be using agency staff or you’re bringing a lot of new staff on board who […]
Employee Engagement
Today I want to talk about employee engagement, and why that’s important. I’ve talked about sustainability, if you want to be sustainable you have got to get your staff on board. If you’ve gone through the process, for instance if you’ve got a commercial kitchen if your not engaged with your staff, if they aren’t […]
Sustainability
Today I want to talk about sustainability. Why that’s important in your business? It can be a great marketing tool, it’s hot on the agenda, you hear it everywhere now especially after blue planet, and it can be great for your bottom line. One of the problems is there is not an accepted definition of […]
Pub Closures Continue
It seems that a recent survey shows a very gloomy picture for pub closure rates in the UK as pubs continue to close at an alarming rate. The survey completed by CAMRA’s What Pub online guide covers around 47,500 pubs from across all corners of the UK. Between July 2016 and December 2016 455 pubs […]
SAV and Annual Stock Valuations
Today I want to talk to you about SAV stock evaluation and annual valuation of stock. What they are and what’s the difference? Stock at valuation (SAV) is usually done when a premise is changing, we usually work for either the outgoing or the incoming, or we can work for both. What we do on […]
Choosing The Best Stocktaker For You Catering Business
When you choose the right independent stocktaker you gain their expertise that can only help your business; you also gain their support, knowledge and skills. But there are hundreds of independent catering stocktakers in the UK – how can you choose the right one for your business and you?