Starting and running a pub seems like a dream job. But what is actually involved from a business owner perspective? Key steps: Decide on the business model for your pub Assess the costs to start a pub Assess if you’re suited Review the rules and regulations of the pub business Determine how much can I […]

This is dependent on the level of control that you want to have over your business. For example, if there was an area within your business that was running at a loss due to incorrect control procedures including stock shrinkage (a general term for unexplained stock losses) – including internal and external theft, poor portion […]

Historically, liquor only stocktaking was seen as an essential within the Pub Co sector yet liquor and food stocktaking has increasingly become an accepted necessity. Stocktaking is the act of producing full stock results which include reports on actual versus estimated margin, liquor stock surpluses and shortages as well as yield (plus a myriad of […]

The nightclub business is not as simple as selling alcohol, counting the cash, or just dreaming up the “next hip idea.” It is a complex business that requires a tremendous amount of personal and financial investment. Success in this business depends on what your goals are and what you think you can execute to make […]

A lot of people who want to start a bed and breakfast think that it is the perfect dream job. You have to start a bed and breakfast business with a clear knowledge of what it takes to make it successful and how to run it in a professional manner. Certain types of people are […]