Williams, Stanley & Co. shares practical guidance on tronc, VAT, payroll and management accounts for restaurants, bars, hotels and multi-site hospitality groups.
The ones worth bookmarking, written from the questions operators actually ask us.
The standard in hospitality finance is to receive management accounts somewhere between two and four weeks after the period closes.
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The Employment (Allocation of Tips) Act came into force in October 2024.
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Most restaurant groups track labour as a percentage of revenue. The number appears every week on the P&L, sits alongside food cost, and gets reviewed in the Monday call.
Read the guideIn hospitality, timing is everything. Whether you’re opening a new site, updating your menu, or chasing margin during peak weeks, your hospitality budgeting strategy must deliver…
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If you operate in hospitality, the way you handle tip distribution could be putting your business at risk without you even realising it.
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You have probably seen the news that a VAT reduction is coming into effect this summer. We wanted to make sure you have a clear picture of what is happening, whether it applies to…
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“To provide hope and a moment of respite through sharing meals made by chefs and restaurants with people facing difficulties in our community.”
Read moreWe know the 2024 Autumn Budget changes may seem overwhelming, so we’ve crafted a toolkit with practical, tailored advice to help you prepare and adapt seamlessly.
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In today’s world, businesses are quickly adopting data-driven approaches to stay competitive.
Read moreOur calculators do the arithmetic behind several of these guides, break-even, gross profit, recipe costing and tronc.