Accounting software, such as Xero, is at the cutting edge of technological change in the business world. Here are the Top 5 Xero add ons for use in the hospitality sector and the benefits they can bring to your business.
Nando’s running out of chicken and McDonald’s running out of milkshake – just two of the more high-profile hospitality businesses that are feeling the effects of the general supply chain bottlenecks. As the world looks towards the economy bouncing back, the UK’s recovery appears to be stalling as it struggles to find the staff needed to keep the supply chain moving.
During the pandemic the Government has provided support in the form of loan schemes. Although these loans are underwritten by the Government, in the event of a business failure resulting from the demise of a director, the debt will be repaid from business assets, potentially putting the business under financial pressure...
As the final easing of lockdown restrictions in England has arrived, there are suggestions that tourism hotspots are likely to see unprecedented levels of trade over the coming months.
Partner, Richard Askew looks into some key issues for hospitality business owners to consider and some potential pitfalls to avoid whilst navigating a way back to normality and out of lockdown.
With holidaymakers getting itchy feet to enjoy their next getaway, and many looking to secure a UK break against a backdrop of uncertainty around foreign travel, hoteliers and owners of campsites, guest houses and B&Bs are preparing for a bumper summer.
Richard Askew looks at the impact of changing business models and managing cash flow effectively for the survival of hospitality, leisure and tourism businesses.