Business Set Up and Financial Know How

This is a one day Pub Industry Training Course, where we delve into the vital aspects of "Business Set Up & Financial Know How." The day is dedicated to ensuring that you grasp the fundamental principles of running a successful pub venture, grounded in solid business acumen and financial understanding.

Pubs Code 2016 – Understanding Your Tenancy Agreement

Unravel the intricacies of the Pubs Code 2016 and gain valuable insights into comprehending your tenancy agreement. This knowledge empowers you to navigate contractual obligations with confidence, paving the way for a strong foundation in your pub management journey.

Business Set Up: Laying the Groundwork for Success

Embark on a journey through different business structures—Sole traders, Partnerships, and Limited Companies. Understand the implications and advantages of each model, empowering you to choose the path that aligns with your vision.

Mastering VAT Registration & Requirements

Navigate the complexities of Value Added Tax (VAT) registration and grasp the essential requirements for compliance. Acquire the knowledge to handle VAT effectively and ensure accurate financial reporting.

A Deep Dive into Accounting & Bookkeeping

Learn the art of sound financial management through effective accounting and bookkeeping practices. Discover how meticulous record-keeping lays the groundwork for informed decision-making and sustained profitability.

Navigating the World of Banking

Explore the nuances of banking as it relates to your pub business. Discover strategies for efficient cash management, ensuring that your financial transactions align seamlessly with your business goals.

Harnessing the Power of Stocktaking

Uncover the benefits of regular stocktaking for your pub. Learn how accurate stock management contributes to cost control, minimises wastage, and maximises your overall operational efficiency.

Ensuring Adequate Insurance Coverage

Discover the critical importance of comprehensive insurance coverage for your pub. From property protection to liability safeguards, gain insights into mitigating risks and ensuring a secure business environment.

UNDERSTANDING Food Requirements

Explore the essentials of meeting food business requirements, ensuring compliance with regulations and maintaining high standards.

Crafting Your Team: Employing Staff & Training Requirements

Building an exceptional hospitality team is a cornerstone of success. Learn the art of staff recruitment, training, and nurturing, fostering a workforce that embodies your pub's values and commitment to excellence.

Financial Know How: Navigating Profitability and Financial Metrics

Embark on a journey into the financial intricacies that drive pub success. From building a profitable drink range and food menu to understanding margins, discounts, and promotions, equip yourself with the tools to strategically enhance your pub's bottom line.

Understanding Profit & Loss, Forecasting, and Cash Flow

Unlock the insights behind Profit & Loss statements, forecast future earnings, and master the art of cash flow management. These skills are pivotal in guiding your pub's financial health and ensuring its long-term sustainability.

IT’S Your Path to Business Brilliance!

Join us for an enlightening day that arms you with the knowledge and skills necessary to navigate the intricate world of pub business setup and financial mastery. As you progress through this course, you'll build a robust foundation that empowers you to excel in the dynamic pub industry landscape.