Director’s Weekly Update on 30 Sep 2022

My week started at The Little Gems pub. It’s always nice to see the management and staff, a pleasure for any stocktakers out there who will know exactly how I feel!

I then make sure I’ve completed all my duties. Stock tidy? Tick. Admin organised & ready? Tick. The managers are all engaged which is always helpful. 😀 It’s exciting times for The Little Gems as the preparations and planning are fully underway for the launch of a delicious, new seasonal food and cocktail menu!

I’m then off to Bristol for my monthly visit where a liquor and food stock check is routinely carried out in a large and busy sports pub. The focus here is on sales yield. With 80.5% of the sales ratio from draught sales, yield is of higher importance than margin. Is your draught yield at its optimum? We can help you to increase and improve this.

Later in the week, I’m at Hotel Xenia which is a beautiful 5-star boutique hotel in Kensington, with fantastic cocktails, food, and the best authentic Italian chefs and super-duper staff and service!

It’s monthly visits for all departments in Hotel Xenia, and during this period there’s an emphasis on analysing the staff feeding allowances for the business; working with the management and the team to ensure these adjustments to the food result are accurate and calculated to show the effect the staff food has on the actual gross profit achieved. Do you allow staff feeding to your team while working? Do you know the value of this against your margin and ways to improve it? We do. If your business is struggling with similar problems, we are here to help! Get in touch today or visit our website for more tips and advice: https://www.edwardsstocktakers.com/

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