Let’s be honest: Nobody likes doing their liquor inventory at their bar each period. While liquor inventory an important task to complete, it’s not typically one that owners or manager look forward to. The primary reason people ...
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Liquor cost is the most common metric bars use to measure performance alongside total sales volume. Sales volume is fundamental since it represents the total dollars your customers are spending at your business. Obviously the ...
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When it comes to liquor inventory, the value of “less is more” has never been truer. Where I come from in South West England, pubs tend to be pretty simple affairs. The average pub probably carries around 50 different products with a ...
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This is my second post on the subject of average liquor cost for bars. The first post made some attempt to nail down what the average liquor cost is for various bars depending on the type of establishment. Overall I argued that the whole ...
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If I mention signature drinks you’ll probably think about a table tent with a list of non-descript, overpriced cocktails. That’s often what a signature drink menu is in bars. I think signature drinks are about when a bar becomes so ...
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Having recently returned from a visit to Britain, a title reference to the British “pub”, and a blog post about 5 factors which affects a bar's profits and liquor cost...all beginning with the letter P. Confused? Good. Regardless of ...
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