How to Negotiate Better Deals With Hospitality Suppliers
Your suppliers can have a huge impact on the profitability of your hospitality business. Food, beverages, cleaning products, packaging, linen and other supplies can represent a significant portion of your operating costs. Yet many hospitality businesses simply accept the price on the invoice. That’s a mistake. Negotiating with suppliers isn’t about bullying someone into giving […]
How to Reduce Labour Costs Without Cutting Staff
Labour is one of the biggest costs in most hospitality businesses. And when profits are under pressure, the first instinct is often: “We need to cut staff.” Sometimes reducing hours is necessary. But cutting staff isn’t always the best solution. If you remove the wrong person at the wrong time, you can create longer wait […]
