Where would we be without stocktaking? Keeping a correct and up to date inventory of your goods when you are in business is something which the importance of cannot be taken lightly. Stocktaking is an integral part of pubs, clubs, hotels and restaurants businesses, no matter what the size. It is advantageous for these types […]

Stocktaking is counting the inventory of the business on hand. For every financial year, it is expected of business owners to complete a stock take. Owners should count the inventory to conclude every financial year. This will give an exact representation of the value of assets of the business and let them know of any […]

Stocktaking is the process of recording and counting the value and amounts of stock held by a business. One of the advantages of Food & Beverage Stocktaking is the ability to monitor the changing costs of all the food items and making an updated report which states the charged old price and the new price […]

Today, the economy is experiencing inflation and it really affects businesses worldwide. Clubs, pubs, hotels, restaurant, nightclubs and bars are usually the businesses affected by the economic downturn. There are many reasons why there are unsuccessful businesses. Inefficient monitoring and controlling of their stocks is one of the reasons. So, the business must be engaged […]

If your business got sizeable food operations, it is highly imperative to consider the benefits of having regular and accurate food stocktaking. Much like the liquors, food stocktaking can essentially find extra margin where you were unaware of its existence previously. Generally, stocktaking pertains to physical verification or evaluation of conditions and quantities held in […]