The Ultimate Guide for Forecasting Stock Volume Control As you’d expect, our stocktakers know a thing or two about stock. Stock volume control in particular is something they advise our clients on whenever they visit sites. It’s a key part of ensuring you make as much profit out of your stock as possible. …
Is now the time to reconsider outsourcing your stocktaking and compliance auditing? by Duncan Colvin, Head of Compliance The stark reality of our current trading landscape is that we all have to make some brutal decisions about fixed salary costs. This should not, though, impact on your service or on the controls in…
Malcolm Muir, Consultancy Director at Venners Ltd shares his seven tips for better profit control in a post COVID-19 world. As the hospitality industry reopens under new trading restrictions, many operators are still feeling uncertain about the future. Particularly of concern is the expected reduction in footfall as a direct result of social distancing…
By Wayne Miles – Regional Business Development Manager After a busy and successful festive season it can be all too tempting to put the feet up and relax into January. Or like many, it’s a case of pulling on the running shoes or investing in any number of other New Year’s resolutions that will…
Most self-respecting operators have, at some point, encountered issues around banking, cash handling and negative till balances within their business. But knowing the tell-tale signs and using preventative techniques can go a long way to ensuring those losses are kept to an absolute minimum. Here’s the stuff you definitely need to know! 1.…
A café bar and restaurant situated in a prime location – adjacent to a top UK entertainment venue – was losing an estimated £50K per annum due to operational inefficiencies. Challenge The café had recently launched a new Grab & Go concept following a renovation project of £400K. The subsequent revenue figures, however,…
We’re continuing to support UK hospitality businesses with all their auditing needs throughout the pandemic. Contact us today about our lockdown specific services, which help you to control costs and minimise losses. For urgent support, please contact enquiries@venners.co.uk