Stock Variance Explained: What the Gap Between Your Books and Your Bar Is Telling You
Every stocktake produces one number that matters more than most: the variance. It’s the gap between the stock you should have and the stock we actually count. Understanding it is the first step to controlling it. How variance is worked out Start with opening stock, add everything you bought, then take away what your till […]
Why Stocktaking is Essential for Leicester & East Midlands Hospitality Businesses
Leicester and the East Midlands are experiencing a hospitality boom. In 2023 alone, over 31 million people visited Leicester and Leicestershire, contributing a record £2.39 billion to the local economy—a 15.5% increase on the previous year. The region’s reputation as a vibrant destination for food, drink, and culture continues to grow, with new venues opening and established businesses welcoming […]