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Growyze is a mobile-friendly management software for your back of house.<br>Manage your pub, bar or cafu00e9 with ease while saving time and money. From ordering and invoice reconciliation, to waste and stock management. Let us do the hard work so you can focus on what matters most: your customers and your business.
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TheLossBuster ChecklistTM 7 BoxesPubs Bars&CafésNeedtoTickto , ProtectProfitsin2021
LossScrewsUp Revenue Didyouknow? $99BILLIONglobally. £11BILLIONintheUK. That'showmuchhospitalityloseseveryyearaccordingtoTheSensormatic GlobalShrinkIndexreport2018. TheUKaloneloses£11billionduetopreventableissuessuchastheft, admin/suppliererrorsandwaste. waste other adminerrors 19% For you, thattranslates in2%-10%ofyourhard-earnedcashdownthe drain. externaltheft 35% Whatcausesit?Preventableissuesyoucancontrol! internaltheft 33% Admin/Suppliererrors Waste Theft Andit'snotallbadnews!Therearethingsyoucan do. Thischecklistcontainspowerfulstrategiesaimedatputtingyoubackin controltostopthelosses.
7BoxestoTicktoPreventLoss andShapeUpYourBottomLine. 1.CreateaPositiveCultureofLossPrevention It’splainandsimple: LossequalslessProfit. Cutlosses,andyouincrease margins. 2.EmpowerYourTeam 3.TakeControlof Purchasing Here'stheChecklistof 7boxestoticktoprevent 4.KeepYourBooksinOrder lossestakingtheBoomoutof yourbusiness. 5.EnsureEffectiveStockManagement 6.BetterYourWasteManagement 7.ImproveDataVisibility
CreateaPositiveCultureofLossPrevention Processes,policies,andprocedures.Thethreeboring‘Ps’oflossprevention.Howeverboring,it’s CRITICALthatthethreePsarenotoverlooked. Don’tneglecttraining.Especiallyfornewhires. Yourteamswanttomatterandbepartofthemission.Don’tthrownewhiresinatthedeepend.Give them the right training, care, and attention they deserve from day 1 and they’ll repay you with responsiblebehaviour. GamifyLearning.Testandrewardyourteam’sknowledge. Greatmanagersareas‘serious’astheyare‘fun’.Don’tjustlectureyourteamaboutlossprevention. TurnlearningthethreePsintoasocialevent.Testtheirknowledge.Iftheypassthetest,schedulea teamdayoutandrewardthem!
EmpowerYourTeam Yourteaminveststhemselvesinyourbusiness.Investyourselfbackintothem. Askthemwhat they need!Andprovideit. Your team hates being ignored. Make sure to LISTEN and ACT. Give them the tools, resources and authoritytheyneedtodotheirworkandyou’llputsmilesonfaces.Happyemployeesareresponsible employees. Givethemresponsibilityandasenseofbelonging. Great managers create a tribe mindset and community culture with team values everyone wants to reflect.Thatmeansgivingteamsresponsibility,trust,theabilitytomakedecisionsindependently,and thechancetoshowyoutheycanhandlethings. Ultimately,happyemployeesfeelmoreresponsibleandlesspronetostafftheft.Asatisfiedworkforce leadstoreducedstaffturnover,loweronboardingandreducedtrainingcosts.
GetSmarterAboutPurchasing Thesmartestpubs,barsandcafesminimiselossthroughcleverpurchasingpractices. Here’s what they get smart about: Usingasfewsuppliersaspossible. Selectingsuppliersthatarerightforthem,andcloselymonitoringtheirperformance. Ensuringsegregationofdutiesismaintainedtopreventinternalfraud. Takingthechoreoutofstockmanagementandorderingbyautomatingwiththerighttechnology andappsteamscanuseon-the-go. Manage deliveries properly to ensure goods ordered are goods received. Achieveinvoicingdatatransparencybydigitizinginvoicingprocessesusingapps. Didyouknow?Growyzemakeslightworkstockcontrol&orderingadmin?TryGrowyzefreeandgetsuper smartaboutpurchasing.
Don'tTakeYourEyeOfftheBooks “Itcanwait.I’lldoittomorrow.” Withalltheplate-spinning,keepingontopofthefigurescanslipdownyourto-dolist.Withsupplier errors,adminoversightandfraudaconstantthreattoyournumbers,forcingyourselftodiveintoitall tokeepthingscleanshouldn'tbeoptional. Ringfencetimetodoitregularly,eveninhalf-hourslotsthroughouttheweek. Keepafour-waychecksystemtoidentifyerrorsandfraud. Checkordersplaced Checkdeliverynotesprovided Check actual goods delivered Checkinvoicestobepaid Followupquicklywithsuppliersifyouspoterrorsanddonotforgettoreconcileyourinvoicesagainst thesetoensureyouonlypayforwhatyoureceive.
GetObsessivelyEfficientAboutStocktake Stockcantieupamassivesliceofyourcapital.Bookkeepingintegrityismaintainedwhenyouhave accuratedataaboutyourinventoryvalue.Andhowaboutallthosehoursspentonthefloorwithpen andpaper?Andthetimewastedinputtingnumbersbacktoanexcelsheet? DidyouKnow? Growyzetakesthechoreoutofstockmanagementbyturninghardworkintoasimpleapponyourphone? Thinkabouthowyou cananswerthesequestions: What'sthebestwaytokeepontopofstockadmin? What'sthebestwaytokeeptrackofstock? HowmuchstockdoIcurrentlyhave? HowmuchdoIneedtoordertoensureIhavejustenough? HowcanIeffectivelymonitorstockmovementsandlossofhigh-valueitems?
SqueezeProfitfromBrilliantWasteManagement Howpubs,barsandcafesmanagewasteALONEcanbethedifferencebetween‘survive’and‘thrive’. It’salsoafactorthatimpactsprofitandloss,customersatisfaction,andreputationbecauseitrelatesto visible,physicalwaste(breakagesandspillagecustomerswitness),back-of-housewaste,andintangible waste(timeandeffort). Here’swhatagreatwastemanagementstrategy looks like: Regularteamtraining;particularlyonup-sellingandtimemanagement Acultureofstrongcommunicationthatmakes‘efficiency’partyoureveryday Precisestockmanagementcompletedas-you-go,daily Gettingsmartand‘techy’aboutwastemanagement Didyouknow?YourteamcanusetheGrowyzeapptorecordwasteasithappensduringservice,fromtheir phone?
TrackYourDataandMakeItVisible Data.Chancesareyou’vegotmorethanyouknowwhattodowith! Onpapernoteslitteredacrossyourdesk. Onforgottenexcelsheetsscatteredacrossyourcomputerdesktop. TuckedawayinoneofyourITfunctions. DATAISMONEYDISGUISEDASINFORMATION Beingabletocollect,analyseandreactquicklytothisinformationempowersyoutoaddresspotential problemsbeforetheyarise. MakeallyourdataVISIBLE. Find,gatherandtrackallyourinformationsourcesthatcouldholdtheanswertoyourproblems.Try the Growyze app to integrate and digitise your data in one place, or get in touch with usfor a consultationonhowtosqueezemoreprofitfromrawdata.
ReadingThisChecklist&Taking NoActionMeansZeroROI Here'swhattodonext: Youcouldcontinueusingpenandpaper,excelsheetsandall sortsofoldandmanualtoolsyouhavealreadyavailable. Oryoucouldgetseriouslysmartaboutloss-busting. TheGrowyzeappwillgiveyouseriouslysmartsolutionsto age-oldproblemsthatcauselossesandprofitdrain. Attheendoftheday,runningaprofitableoperationisyour responsibility.It'snotaboutsurviving,it'saboutthriving. Clickherefor free,earlyaccesstoourbetaappandroadtest itspotentialtobustlosses. www.growyze.com
7BoxestoTicktoPreventLoss andShapeUpYourBottomLine. CreateaPositiveCultureofLossPrevention EmpowerYourTeam 3.TaleControlof Purchasing 4.KeepYourBooksinOrder EnsureEffectiveStockManagement BetterYourWasteManagement 7. ImproveDataVisibility
MeetKati. She'sFeltYourPain. MynameisKati,I’mtheFounderofGrowyze. First,Ihopeyoufoundthislittlechecklistuseful,toquoteafamoussupermarket,“everylittle helps”. I’vesteeredhospitalitybusinessesthroughdifficulttimesfor15years,soIknowexactlythe challengesyouface.Takingcontrolofyourcostsisn’tascomplicatedasyoumightthink. Allyouneedtodoisfocusonyourmostvulnerableareas,equipyourselfwiththerighttools, andyou’llbuildlong-termresilience. Theendresult:shapedupbottomline,increasedmargins,andrevenuegrowth. Ifyouneedalittleadvice,contactmyteam,andaskifKati’savailable. I’dbegladtosharemyexperienceandansweranyquestionsonyourmind!
