Reporting, Hospitality Finance Guides | Williams, Stanley & Co.

What a 3-day management accounts close actually looks like

Guide

What a 3-Day Close Actually Looks Like – And Why It Changes How You Run the Business

The standard in hospitality finance is to receive management accounts somewhere between two and four weeks after the period closes.

Why Your Labour Percentage Is Lying to You

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.

Embracing the Future – Transition to a Data-Driven Business Model

In today’s world, businesses are quickly adopting data-driven approaches to stay competitive.