Corporate Governance and Risk in 2018 2018 was a year of quite startling change for the hospitality industry, in many ways. Certainly our company, Venners, went through a process of reinvention, as companies often should. At the same time, the industry’s trading and regulatory climate shifted to something more complex, more dystopian. Venners…
By Duncan Colvin, Venners Consultant Suffering Cash Losses in Your Bar? Poor margins in bars are generally the result of one of two things: the loss of stock, or the loss of cash to the business. In previous blogs we’ve explained the need for and the essence of good stock control in…
Our consultancy division dedicate their time to helping customers, old and new, achieve higher profits, maintain tighter controls and provide greater protection for their business. Here is a quick snapshot of a few of our latest projects helping restaurants, bars and hotels protect their profits effectively: Restaurant’s discovery visit restores profitability levels Our…
Have you ever seen what happens in your hotels when your back is turned? If you could, you might bear witness to at least one of your Bar Staff helping themselves to a drink (-£3.50). Or giving free drinks away to a family member or a group of friends (-£16.50). You might see them…
What can hotels do to ensure a profitable F&B operation? Running profitable hotel F&B requires focus and the ability to understand what’s happening right across the business at all times. Every facet, including procurement, retail transactions, operations, stock control and security require robust controls in order to guard against significant losses. That means having…
A 3-star manor house hotel, whose history dates back to the 1600s, was struggling to meet its forecasted food sales profits for its AA rosette standard restaurant. Venners Consulting stepped in to help the proprietor get back on track with a projected £20K saving in the year that followed and further deliverable benefits to come.…