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Food Wastage, Comps & Portion Control in Restaurants
Maybe you’ve heard the owner or General Manager saying that the business isn’t hitting the GP target, or maybe you are a GM or business owner and you’re tired of saying it. Sounds like a broken record, doesn’t it? But food wastage, comps & portion controls in restaurants have a direct impact on stock costs.
louise7691
Jul 49 min read


Why Inflation Doesn't Equal Growth
We have very little to celebrate in the hospitality industry at the moment, so it’s a good idea to take (and celebrate) every win that we can. When we do, we need to ensure that we’re celebrating the right things and for the right reasons - but - inflation doesn't equal growth.
louise7691
Jun 273 min read


Does Your Team Know Their Numbers? Understanding Finance for Restaurant Managers.
Most owners we speak to have a rough idea of their GP - though usually not what it’s running at today, just what it was targeted to be back when the menu was built. Fewer still know their labour percentage from last week. And almost no one can say that their team members know these figures - let alone understand them.
louise7691
Jun 115 min read


The First 100 Days – What Hospitality Needs From The New Government’s Plan
This Article Featured in the World of Hospitality's October 2024 Edition Following Sir Keir Starmer’s election victory in July, leaders...

Gareth Evans
Dec 10, 20242 min read


Profit First: How to Be Profitable NOW
Have you ever been having a chat with your Accountant (usually about 6-9 months after your year end), and they’ve told you that you’ve...

Gareth Evans
Dec 3, 20247 min read


Serving up your Budget analysis - what it means for the hospitality industry
The Chancellor of the Exchequer, Rahel Reeves, delivered Labour’s budget today (30th October 2024) to outline their plans to recover a...

Gareth Evans
Oct 30, 20247 min read


Tips, Tronc, Service Charge, and New Legislation
It has taken me months to get round to writing this as we’ve been having a massive back and forth with HMRC, to the point where we’ve had...

Gareth Evans
Oct 30, 20246 min read


Effective Budgeting and Cashflow Management for Hospitality Businesses
Running a successful hospitality business requires more than just serving great food and providing excellent service. Effective budgeting...

Gareth Evans
Jul 31, 20243 min read


Evaluating your Restaurant Sales Data: Who, What, and When
Before you can make any changes to your business- staff levels, opening times, menu and supplier updates, you need to analyse your sales...

Gareth Evans
Jul 31, 20245 min read


Are You Still Doing Everything Yourself? Why Delegation is the Key to a Successful Hospitality Business
We’ve all said it before “I can’t take someone on because my job is unique”, “I’m faster than they are, so it doesn’t make sense to...

Gareth Evans
Jul 31, 20241 min read


Why Documenting Procedures in a Restaurant is Important
Restaurant Procedures Procedures are something that we very rarely think about. As a business owner, you know what needs to be done, and...

Gareth Evans
Jul 31, 20245 min read


Restaurant Opening Hours: Why You Might be Losing Money When You Open for Longer
When it comes to restaurant opening hours, most owners feel the need to be open throughout the day - they don’t want to lose out on...

Gareth Evans
Jul 31, 20242 min read


We're Paying Too Much Tax!
THE PROBLEM: Many hospitality business owners feel overwhelmed by the amount of tax they pay, including VAT, Corporation Tax, and...

Gareth Evans
Jul 20, 20241 min read


Should I Have a Limited Company for Each Restaurant?
Deciding whether to have a limited company for each of your restaurants can be a strategic move, but it comes with its own set of pros...

Gareth Evans
Jul 17, 20242 min read


A Guide to Weekly Reporting for Your Restaurant
Weekly Reporting for your Restaurant - why you should be building weekly MI sheets MI stands for ‘Management Information’. Weekly MI...

Gareth Evans
Jul 15, 20244 min read


The Actual Costs of Employment
Your business would be nothing without your team - but do you really know the TRUE cost of employing them? Labour costs In most...

Gareth Evans
Jul 15, 20244 min read


Evaluating Your Hospitality Supplier Prices and Menu Costing
Understanding how much you;re spending, comparing supplier prices - and shopping around - can have a huge impact on your menu costing....

Gareth Evans
Jul 15, 20246 min read


The Importance of Accountancy and Bookkeeping Software for Hospitality Businesses
Accountancy software is like most other types of software, you only get out of it what you put into it. If the information you’re putting...

Gareth Evans
Jul 15, 20244 min read


50 Jobs to Give Away - how delegation will change your hospitality business for the better
As business owners, we’re constantly worrying about all of the different hats that we have to wear; owner, manager, complaints...

Gareth Evans
Jul 15, 20245 min read


If You Do What Others Do, You'll Get What Others Get...
My wife and I went out for her 30th birthday. It was the first time in a long time that we’ve managed to get some time alone (albeit only...

Gareth Evans
Jul 15, 20245 min read
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