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Stock Variance Explained: What the Gap Between Your Books and Your Bar Is Telling You

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 […]

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From Spreadsheets to Strategy: Using Stock Insights to Boost Profit Margins

Blog 4 in our series: Better Stock, Better Profits – Smarter Food Management for Pubs & Restaurants So far in this series, we’ve looked at why stocktaking matters, how often you should do it, and what to watch out for in your reports. In this post, we’re shifting gears slightly.

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Hospitality News Roundup – W/c 13/3/17

Monday 13/3/17 Morningadvertiser.co.uk – Chancellor’s £1,000 rates discount will ‘save 25% of pubs’ By Claire Churchard, 13-Mar-2017 The £1,000 business rates discount, unveiled by the Chancellor of the Exchequer last week, could be the difference between survival and closing down for 25% of small independent pubs, according to a snap poll of 100 sites. Read […]

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Hospitality & Leisure Industry News – W/c 7th Sept

Monday 7/9/15 Propelinfonews.com: Plan for flagship Starbucks in Northampton is approved: An application to open one of the UK’s largest Starbucks in Northampton’s Market Square has been approved. The company announced the plans to open a store in a ‘landmark building’ in the market square in March. Now councillors have approved an application to open […]

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Hospitality & Leisure Industry News – W/c 6/4/15

Tuesday 7/4/15 Propelinfonews.com: Carvery Heaven set to grow to 15 sites, opens first US-themed concept: Carvery Heaven, the East Midlands multiple led by Mike Perry, is to open two more sites, taking its estate to 15, with its first US-themed offer set to open. The Fairway in Keyworth,

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Lincensed Trade News – W/c 10th April

Monday 10/11/14  Propelinfonews.com: C&C Group eyes Mitchells & Butlers dream deal: C&C Group is eyeing an approach to Mitchells & Butlers after its preliminary approach to Spirit Pub Company was rebuffed, according to The Sunday Times. The newspaper has reported that the drink producer has told shareholders that a tie-up with M&B would be the […]

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Our Weekly Roundup of Licensed Trade News – 14th-19th July

A Roundup of The Week’s Industry News – 14th-19th July

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