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Industry insights and trends
10 monthly finance tasks for ensuring profitability in the retail and hospitality sectors
Published: 30th Oct 18 Category: Money Maintaining the health, growth and success of any retail or hospitality business means ensuring regular financial administration and management tasks are scheduled in your monthly calendar and actioned. All businesses need...
Managing finances and cash flow within the UK retail and hospitality sectors
Published: 29th Oct 18 Category: Money The number of UK businesses that collapsed into bankruptcy hit a four year high earlier this year, and some of the worst affected companies are often in the retail and hospitality sectors. The hospitality and retail sector lies...
Keep Track Of Your Food Empire With Xero Tracking Categories
Published: 23rd Aug 18 Categories: Planning, Success For business owners in the food industry, having the opportunity to expand and spread your wings can be an exciting, busy and sometimes stressful time – with so much to consider when it comes to running multiple...
How To Make Your Online Retail Business A Success
Published: 21st Aug 18 Category: Success When setting up an online retail business, it’s important to make sure that your website, back-end and processes all run smoothly. It’s vital to make sure that everything is as efficient as possible, to maximise profit and make...
Creating Your Paper-Free Back Office
Published: 23rd Jul 18 Categories: Customer Service, Planning, Success Building a paperless office can be a challenge for any retail or hospitality business, due to requirements to manage large numbers of staff while ensuring optimal levels of customer service...
How Angel Investment Can Help Your Business
Published: 30th Jun 18 Categories: Money, Planning, Success Retailers and hospitality businesses looking for additional financing are well advised to consider the benefits of angel investment. Growing any business requires funding, which can often be extremely...
What are KPIs and how do they benefit the retail and hospitality trades?
Published: 30th Jun 18 Categories: Customer Service, Success Key performance indicators (KPIs) relate to the important areas of performance of a business or individual and are usually measured over specific time periods. Some of the most common KPI indicators used in...
Crowdfunding Your Business Idea
Published: 25th May 18 Categories: Money, Planning, Success Crowdfunding is an online tool used to bring together individuals or organisations who have business ideas and potential investors who can help fund them. It’s an attractive premise for many entrepreneurs...
Retail/Hospitality Payroll: To Outsource or Not?
Published: 25th May 18 Categories: Pensions, Success, Taxes Payroll is perhaps the trickiest part of maintaining the finances of a business. It is part of an industry that it is essential to get absolutely right – nothing undermines employee confidence quicker than...
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