10 Tips for Looking Ahead As Featured in BII News – Autumn 2020 edition As another lockdown looms and furlough draws to a close, many businesses face an uncertain future. Whatever situation you’re facing, now is the time to draw a breath and look ahead with a fresh pair of eyes. In truth, operators…
Controlling Stock Volume in Uncertain Times As Featured in BII News – Autumn 2020 edition As if 2020 hasn’t been difficult enough for publicans, we are now fast approaching yet another challenge. In previous years, the ‘back to school’ period in early Autumn would see the start of serious planning for Halloween, Christmas and…
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…
It’s a good idea to use any quieter days in autumn to reflect on your pub’s operating performance. Investigating how your bottom line has been affected by losses is one of the best ways to approach this. Knowing how to right the wrongs you discover will be the key to moving forward into the festive…
Following two years of stocktaking by Venners at a pub company’s 40 sites around the UK, a 4.3% average increase in gross profit was seen across the estate. Venners stocktakers always work closely with customers to help them improve their overall F&B performance. Having worked with a well-known pub group for several years…
by Wayne Miles, Stocktaker for the South East How to make more profit from your bars Making more profit from your pubs and bars does not have to be difficult, but you do have to be dedicated and disciplined. A good place to start is by looking at the stock control measures you…
A popular hotel in Liverpool, approached Venners for stocktaking services some two years ago. Since then, the multi-award winning hotel has seen incredible improvements to its GP figures, a hugely reduced stockholding and consistent surplus figures for its stock results. Over the space of just 20 months, the Venners team helped turn around the…
Hospitality, as an industry, embraces the season of spring like no other. January and February are typically quiet trading months and footfall tends to dry up (see #dryjanuary). We at Venners always suggest stock control as a good measure to get you through the slump of late-winter. Every drop of profit helps in that regard.…
We’re helping UK hospitality businesses get ready for post-lockdown trading with reopening stocktakes, compliance checks, inventory counts, cash counts and more. For urgent support please contact [email protected].