The second instalment of Barkeeper's exclusive Executive Series, in association with Andersen Bowe, A Strategy for Low Cost and High Yield focuses on how to gain high yield at low cost.
There are seven prime areas that managers and operators need to focus on if they are to operate a successful hospitality business.
Cost Of Sales / Yield From Sales
Employment Standards / Productivity
Management Quality / Return On Investment
Marketing Costs / Effectivenes
Finance Costs / Cost Benefit
General Operating Expenses / Cost Controls
Occupancy Costs / Effective Negotiation
Management Quality / Return On Investment is a core aspect of these seven and indeed probably the most pivotal. All the rest are satellites, their level of success dependent on management ability, effectiveness and foresight.
In the Exectuive Series A Strategy for Low Cost & High Yield, barkeeper looks in depth at the following three key areas;
1. Cost Of Sales / Yield From Sales
2. Employment Standards / Productivity
3. Management Quality / Return on Investment
This makes for essential reading for anyone looking to run a profitable hospitality business.
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