Stocktaking is the process of recording and counting the value and amounts of stock held by a business. One of the advantages of Food & Beverage Stocktaking is the ability to monitor the changing costs of all the food items and making an updated report which states the charged old price and the new price […]

Today, the economy is experiencing inflation and it really affects businesses worldwide. Clubs, pubs, hotels, restaurant, nightclubs and bars are usually the businesses affected by the economic downturn. There are many reasons why there are unsuccessful businesses. Inefficient monitoring and controlling of their stocks is one of the reasons. So, the business must be engaged […]

If your business got sizeable food operations, it is highly imperative to consider the benefits of having regular and accurate food stocktaking. Much like the liquors, food stocktaking can essentially find extra margin where you were unaware of its existence previously. Generally, stocktaking pertains to physical verification or evaluation of conditions and quantities held in […]

Running a bar can be challenging yet this is also one of the most rewarding business ventures that individuals can take. However, along with this operation, you will surely be faced with overwhelming things as far as running or managing a bar is concerned. But despite the complexities, there are ways on how to ensure […]

If you are thinking about starting your own hotel business, one of the techniques to ensure your business’s success is hotel stocktaking. Hotel stocktaking pertains to the act of delivering full stock results including actual versus estimated margins, stock shortages and surpluses and yields. This also includes myriads of other essential data related to hotel […]