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Industry news, resources and tips from the team at IHS.
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Whenever town centres come up, the same solution gets wheeled out: events.
Food festivals. Artisan markets. Christmas lights. Pop-up weekends designed to “bring people back into town”.
And to be fair – the instinct isn’t wrong. But it skips the most important bit.
It’s always tempting to throw together a list of drinks you like and call it a bar menu. Easy, familiar, done. In reality, your drinks menu is one of the most powerful commercial tools in your business, and one of the most misunderstood.
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For hospitality businesses, effective stock management is not just a routine task, it is the backbone of profitability and efficiency. However, many business owners and managers aren’t clear on the distinction between stock taking and stock counting, often assuming they are the same thing. While both involve tracking inventory, they serve very different purposes and yield different insights that can dramatically impact business success.
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