It’s fair to say that the Tenanted Pub Sector has subtle attributes that are exclusive. At Venners, we like to embrace that by offering a brand of tenancy support services that are different to our regular stocktaking and audit services.
As a Tenanted Pub Company, you may be looking for more ways to guide your tenants to success. To give them a helping hand or a safety net when times become hard. After all, no one wants to deal with the fallout and subsequent recruiting after tenants fail. Your tenants certainly do not want to fail. Stocktaking and other audit services provided by Venners can dramatically increase your tenancy success rates and reduce the turnover of tenants, leading to a more successful tenanted operation.
Stocktaking doesn’t have to be a ‘one size fits all’ service. At Venners, we see things a little differently. Your tenanted stocktaking solution should be designed to embrace the minutiae of the tenanted sector. Our tenancy stocktaking package, whether it’s wet and dry or liquor only, delivers on a number of levels. We aim to work with the corporation on a national level, your Regional Management on an area level and of course your tenants at site level.
Some pub co clients opt to subsidise stocktaking and audit fees, making the cost of a professional, independent stocktake more affordable for the tenant. This makes regular stocktaking and auditing more attainable and encourages take-up, which, over time, strengthens and empowers a tenanted pub. Once they have regular stocktaking in place, they will start to see reduced losses and a more focused approach to GP analysis and yield all resulting in a more profitable business.
We can give your Regional Management access to our Vision 21 reporting software, allowing them to view, analyse and report on the performance of pubs under their care, side by side. Head office can also have Vision 21 reporting software, giving the ability to analyse the success of their whole estate as well as access to view the performance of each individual Regional Manager’s area. This analysis allows you to see where problems are occurring so action can be taken and also highlights things Regional management and tenants are doing well – after all its not just bad news.
