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5 Key Metrics Every Hospitality Finance Director Should Monitor Weekly
Published: 15th Jan 25 Categories: Cost Control, Hospitality Financial Management In the fast-paced world of hospitality, staying on top of your finances is as critical as ensuring the chef never runs out of fresh ingredients. As a finance director, you’re the...
Cost Control Strategies for Restaurants and Pubs Without Compromising Quality
Published: 8th Jan 25 Categories: Cost Control, Planning, Restaurant Management Running a restaurant or pub is a bit like spinning plates—keep the costs in check while ensuring your guests still rave about your food, drinks, and service. The challenge? Reducing...
Emerging Trends in Hospitality Financial Reporting: What to Expect in 2025
Published: 19th Dec 24 Categories: Financial Reporting, HMRC, Hospitality Financial Management, Planning The hospitality industry thrives on delivering unforgettable experiences, but behind the welcoming smiles and impeccable service lies a robust financial reporting...
Avoiding Common Financial Pitfalls in Pubs, Restaurants, and Hotels
Published: 18th Dec 24 Categories: Cash Flow, Pub Operations, Restaurant Cost Management, Restaurant Operations Managing the finances of a pub, restaurant, or hotel isn’t just about keeping the lights on and ensuring the kegs are always full. It’s about creating a...
VAT & VAT Reporting for Pubs and Restaurants: Common Pitfalls and How to Avoid Them
Published: 12th Dec 24 Categories: HMRC, Tax Compliance, Xero Let’s be honest: when you decided to run a pub or restaurant, it wasn’t because of your love for VAT reporting. While perfecting the perfect pint or crafting a tantalising dish is the fun part, VAT...
Tailored Financial Reports: A Recipe for Success in the Restaurant and Pub Industry
Published: 12th Dec 24 Categories: Financial Reporting, Pub Operations, Restaurant Management Running a restaurant or pub isn’t just about great food and drinks — it’s about keeping your finances in check. While crafting the ultimate cocktail or perfecting your fish...
Why choose Virgate?
Virgate can help your business to grow by reducing costly overheads and financial friction. We produce management accounts within 10 working days of the month-end, compared to 4-6 weeks with an in-house accounts team with limited resources. We carry out routine payment runs to your suppliers and both process and pay the staff wages. We also look after the annual compliance jobs – everything under one roof within a cohesive team at your fingertips. As experts in multi-site hospitality and retail businesses, we really do speak your language and offer complete transparency throughout.
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Case Studies
Leading UK-based specialty coffee chain
Accor
Sweet Dee’s Jerk
Dodo Pub Co.
Barworks Ltd
Erpingham House Ltd
Sleeping Bear Hotels
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