7 Cardinal Sins Of Restaurant Stocktaking – Pride
Are You Committing The Sin Of Pride? If you are feeling proud of yourself because you avoided sin number one of ‘Ignorance’ as stated in our first blog post, you may need to reconsider this pride… it is all well and good completing a stocktake for your restaurant every week and logging it in your […]
Upselling Tip – Be Attentive
The only way that a pub, restaurant or hotel will become more successful is by, Increasing the average spend per customer. Increasing Customer visits. Increasing customer base. Controlling Costs By training your staff to be attentive to your customers you can easily increase the average customer spend. Here are just a couple of easy ways […]
Mondays Food Cost Tip
Monday Specials Board If you run a Sunday Carvery then consider using a specials board and planning your Monday specials to use up left over Carvery items. Vegetables can become soups. Meat can be used to make Curries, consider running a Monday Curry Club. This not only uses up food but it can boost sales […]
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.