When running any medium or large business, having a plan is key to the long-term success of your operation. However, this is especially true of the retail and hospitality sectors, where strong operational planning and a good forecasting readiness can be the difference between success and failure. Diligently practising both of these principles not only […]
The key reasons all hospitality businesses should outsource payroll Payroll is one of the key considerations that all hospitality businesses need to put a great amount of focus on handling correctly. Staff morale is an essential aspect of any business, and there are few quicker ways to demoralise and upset a workforce than to not […]
Building a paperless office can be a challenge for any retail or hospitality business. There are a variety of paper saving measures that can be put in place, though, to create an office that’s light on paperwork without being detrimental to essential control mechanisms.
Measuring KPIs in retail can help increase the profitability of the business. Some important KPIs that can ensure greater success within retail include:
– Monitoring footfall is simply a count of the number of people…
In the modern world that we live in, online retail is becoming ever more popular. Whether your business is retail or hospitality, if you’re selling a product or service online, e-commerce means that customers are looking for some form of online payment method to make that purchase.
Successful management of inventory is a critical aspect of business for many companies, particularly restaurants and retailers. Find out why optimising this area of your business is critical….
At Virgate Accounts, our goal is to make our clients’ lives easier and their businesses more profitable and in this article we share why you should invest in a Customer Relationship Management (CRM) application.
Many small businesses have learnt how to compete with large retailers without it costing them a fortune. Here’s 7 things you can do to compete with the big players and win!
If you are considering making the switch to a cloud-based POS system – don’t rush the decision, check out these pros and cons first.
Customers will typically spend 10-30% more in shops that take cards than they will in those that take cash only. Many customers carry little or no cash so you could be losing customers by not accepting cards. Discover the facts about taking card payments including the pitfalls to avoid.