Tagged Managing costs

Is It Really Worth It?

Most liquor retailers are committed to running their businesses in the most efficient way possible to ensure the best outcomes for both the customer and the business. One area that gets reviewed on a continual basis is in-store equipment and products.

Controlling Food Costs

Controlling your costs is crucial to your success. Costs are expressed as either a dollar figure or as a percentage of revenue. Fixed cost expenses do not go up and down with business volume (think rent, phone, Internet) and should be negotiated hard for the lowest rate possible when initially contracted.