As a bar owner, you’re always on the lookout for an opportunity to expand your hospitality business! One way to accomplish this is through a bar marketing campaign; a set series of actions designed to increase your presence in the community, increase the number of customers, and bring in more profit! Setting up a bar […]

If you own or operate a hospitality based business, you probably already know the importance of stocktaking. In fact, stocktaking has numerous benefits for any type of business – whether a small, medium or large-scale establishment. The stocktaking process may be carried out once a month, every year, or twice a year depending on the […]

An accurate stocktake is crucial in effectively managing the inventory of your business. It helps the business owner to make informed decisions when managing his/her business. A successful stocktaking process will help your staff to reconcile physical stock to the inventory records, and highlight the variances and identify any issues with the stock management system […]

If you own or manage a pub or restaurant you will know that in order to run a successful business there are many factors you need to monitor. One of the keys areas that can make or break a business is stock or more specifically your stocktaking routine. If you can implement an excellent stocktaking […]

Performing a regular stocktake is absolutely essential for maintaining healthy inventory levels, minimizing losses and managing your profit margins. But many hospitality based businesses find them to be time-consuming, energy-draining, and frustrating. And without a clear, methodical plan, you face the risk of serious human errors such as over-counting or under-counting. These type of mistakes […]