Manchester | Find a Business Expert ’s Post

Latest hospitality news…..   The Times has published a list of 28 best places to eat in Britain according to chefs. CanEat in Pershore Road, Stirchley, Birmingham, was positioned in place number 17 following a recommendation by Stu Deeley. It was the only restaurant in Birmingham to be included on the list.   According to CAMRA, 29 pubs are closing each week due to increased operating costs. 772 pubs closed temporarily or permanently in the first six months of last year. The organisation said that some pubs had been repurposed as restaurants, shops, and takeaways.   ‘The Canal House’ in Birmingham will become ‘The Botanist’ from 6 March.   Greggs and M&B have been named on a list of 524 businesses that have failed to pay some staff the national minimum wage or the national living wage. M&B said the underpayments were unintentional due to a technical mis-interpretation of the regulations. A spokesperson has said that all arrears have now been paid.   Hospitality tech business SuperButler has teamed up with Laundryheap. The former has a website that digitises typical customer services required when staying at a hotel e.g. ordering meals, taxis etc., The company is initially targeting 1k hotels in London. Laundryheap offers on-demand laundry services in various UK cities including Birmingham, the Middle East and USA.   'The Electric' in Station Street, Birmingham has closed for the foreseeable future. The two-screen cinema first opened in 1909 and was believed to be the oldest working cinema in the UK.   There is just one week to go until my next monthly, executive ‘Business Lunch’ for business owners, directors, and key decision makers, takes place in Birmingham. If you meet the criteria for attendance and wish to be sent an invitation, please get in touch. A third of the people attending are doing so for the first time. Thank you to those people that have already booked their place. Bookings close at 10am on Monday (subject to availability). Ten places remain available.   #hospitality #restaurants #events #pubs #event

We all know that location is a key factor when you’re making decisions on your new hospitality venue. You want to make sure that you are situated in a viable location, making it convenient, accessible and a great experience for your customers. Some automatically think that an urban location is the way to go since you’ll be in the thick of things. But many people chase the rural dream, choosing a more relaxed pace by opening a restaurant or cafe in the country. Read the full blog here:- https://lnkd.in/gwZ5xZjB #impos #pointofsale #impospay #payments #ensureyourbusinessthrives

The first few months of 2024 have shown a promising slowdown in business closures, with rampant cost inflation finally taking a back seat. Though we've bid farewell to one in 40 of our beloved pubs, restaurants, bars, and hotels over the past year, the pace at which we're losing them has notably decreased. With 368 sites closing in Q1 alone, it's a tough scene, but the resilience of this sector shines through: https://bit.ly/4b9di5C #Hospitality #HBDPartners #HospitalityHope #UKBusinessResilience

The first few months of 2024 have shown a promising slowdown in business closures, with rampant cost inflation finally taking a back seat. Though we've bid farewell to one in 40 of our beloved pubs, restaurants, bars, and hotels over the past year, the pace at which we're losing them has notably decreased. With 368 sites closing in Q1 alone, it's a tough scene, but the resilience of this sector shines through: https://bit.ly/4b9di5C #Hospitality #HBDPartners #HospitalityHope #UKBusinessResilience

[South Coast NSW – Perfect First Business. South Coast Cafe with Loads of Potential] An incredible opportunity exists to step into this awesome café in one of the most desirable locations that the South Coast of NSW has to offer. The new owner will be able to walk into a café with $1M+ in consistent annual revenue and a very appealing profit available to an owner/operator of $180k. This established café is currently run under management, and would ideally suit a hands-on owner/operator who is looking for a great first business, or a family with teenage children looking for a lifestyle or sea change. This is a unique opportunity that has loads of opportunities and options available to grow and expand. There is a fantastic lease in place until 2037, with plenty of seating inside and covered seating outside. The venue has plenty of space, which could also provide an avenue to explore sub-leasing for a florist or maybe offering other potential income stream items for sale. The café is a destination for the locals as well as benefiting from a large number of commuters and visitors to the area. This café boasts a strong online presence and following, with very favorable reviews. The opportunity here is to capitalize on the location and solid customer base and with an enthusiastic approach, expand the menu and the operating hours and days and seek out further market opportunities, including delivery as well as exploring catering. Possibility of obtaining a liquor license. Expand the menu offering to provide a further point of difference in the area, you could also look at other income stream options and saleable products. Asking Price $265,000 plus SAV | For more details type "details" in the comments below or visit our website https://lnkd.in/gBMZnNif #businessowner #smallbusinessowner #businessowners #smallbusinessowners #savvybusinessowner #businessownership #businessownerlife #cafe #cafestagram #cafes #cafetime #cafelover #cafehopper #cafesofinsta #hospitality #hospitalityindustry #hospitalitymanagement #hospitalitylife #hospitalityjobs #hospitalitymarketing #brokers

#Hospitalitysector shows ‘cautious confidence’ as rate of closures slows. Hospitality sector closures in Britain have slowed this year thanks to a “modest revival” in independent restaurants and dining out, a new report has revealed. There were an average of four closures a day in the first quarter of 2024, according to the latest Hospitality Market Monitor by CGA by NIQ and AlixPartners, which is down from an average of eight a day in 2023. Despite the market being down by 2.5 per cent year-on-year, with one in 40 venues shutting in the past 12 months, the report signals a slow yet positive return to “cautious confidence” for the hospitality industry as cost of living pressures begin to ease. Karl Chessell, director at CGA by NIQ said: “After a very challenging few years, these numbers give grounds for tentative optimism that hospitality closures will slow as 2024 goes on. 

If this was a one-off, it wouldn't matter. There are many reasons why businesses close. The reason why I am sharing this is because Victoria has downward trajectory on businesses - our state was the only one in Australia last year to see the number of registered businesses decrease: many shut down, many moved to other states. In my conversations with small business owners in Ringwood - where my electorate office is - they share how they are being hammered by rising taxes and fines from the Labor government on one side (Victorians are one of the highest taxed and fined people in Australia) and skyrocketing amenity bills (water and energy) on the other. Many wonder how long can they last? It appears that the Labor carnival in Victoria has come to an end - and the reality of how they have let down the state is staring us in the face. #FixBrokenVictoria #Labor #smallbusiness #taxes #bills #energy #electricity #gas

Taking a lease of a restaurant?    Throughout December and January, I will be posting a series of things to consider before you agree those all-important heads of terms to ensure the lease enables you to get on with what you do best: creating a great experience for your guests.    Tip 1 of 5: Turnover rent. Many landlords are now willing to share some of the risk of a site not performing as expected by entering into turnover rent leases. Both parties will want to maximise their turnover and profits, but tenants should carefully consider: 🍽️ What ‘gross turnover’ will include and what items should be excluded, such as monies received for takeaways/deliveries, staff tips, or whether the landlord is looking to capture tangential income; 🍽️How the turnover rent will be paid in practice. Typically, turnover rent is calculated in arrears but landlords may want payments on account. Also, consider appropriate intervals to protect your cash flow and whether the turnover rent will be in addition to or as a top-up of any base rent payable; and 🍽️Where possible, try to avoid notional turnover for any periods that the restaurant is closed. #LeaseToLauch #Restaurant #Hospitality #LandlordandTenant

🍽️ Closures across the hospitality sector slowed from eight sites a day in 2023 to four a day in the first quarter of 2024, figures from CGA by NIQ and AlixPartners has revealed. The latest Hospitality Market Monitor revealed a 0.4% decline in total closures between January and March, marking the third smallest quarter-on-quarter drop since the pandemic began. Karl Chessell, director at CGA by NIQ said: “After a very challenging few years, these numbers give grounds for tentative optimism that hospitality closures will slow as 2024 goes on.” 💻 Read more in the article from The Morning Advertiser - https://lnkd.in/e-pndMtf #hospitality #ukhospitality #restaurants #foodanddrink #inflation

Phillip was in the media again on Saturday, as featured in the Courier Mail’s article 'New Venue Openings - Foodie Chiefs Sound Alarm Over Tsunami of New Brisbane Venues'. He highlights the challenges facing Brisbane's hospitality industry. With 124 new cafe and restaurant licenses approved in just three months, Brisbane’s food scene is expanding rapidly—but is this level of growth sustainable? Phillip is calling for smarter regulation and support, advocating for small businesses to ensure that every venue has a chance to thrive, not just survive. He questions whether the city’s population can support this level of growth: "Do we need 100 new venues with the population we have? No. Can we sustain 100 new venues? No. The data tells us." At The Coffee Commune, we’re committed to being a voice for small businesses. We provide essential resources and data to help operators navigate a competitive market and make informed decisions. By persistently advocating for what small businesses need, we aim to make a positive impact on Brisbane’s hospitality landscape and support our community in growing sustainably. Click here for the full article: https://loom.ly/eAQ9qP8