Advantages of Stocktaking The benefits of stocktaking are many but are all too often overlooked. Stocktaking can often be viewed as an expense, but weighed against inhouse stocktaking; staff fatigue, low morale, inaccurate counting, and overtime payments, it is professional, accurate, hassle free and headache free. Instead of looking at stocktaking as an expense, it should be […]

Liquor stocktakes have long been accepted as a vital business tool for anyone involved in the licensed drinks industry. And for good reason – the information compiled by your stocktaker during a liquor stocktake helps you to increase your gross profit and yield by reducing or eliminating shrinkage – all whilst uncovering stock throughput opportunities. […]

Opening a hotel? Have a read through these key points concerning revenue management, distribution, reservations, sales and the systems needed to make your success story complete.   Revenue Management Yep, you are thinking straight, mission control, when should they start? Your chief number cruncher should be part of the project from the first moment, even […]

Owning a bed and breakfast is like owning any other business! Because like any job, you are paid to perform tasks – cooking, cleaning, doing laundry and making people feel welcome when they are in your home. Here are a number of reasons to love being in the bed and breakfast business. As we see them, the pros to […]

Many people dream of opening their own restaurant. Here is a step by step guide to for how to open a new restaurant. Difficulty: Hard Time Required: Anywhere between a couple of months to a year or more, depending on location, concept, and size. Here’s How: Decide on a Restaurant ConceptThe first step in opening a new […]