How to Improve the Cash Flow in Your Bar

The easiest way to free up cash and increase cash flow in your business is to manage your stock effectively.

The basics of ordering and storing your beverage are very simple. Only order what you need and store it in a tidy manner, yet a considerable number of establishments consistently over order.

Maintaining sufficient stock levels without over storing or under ordering requires a little thought and organisation but allows you to utilise your cash flow in areas where it is needed more.

How do you know if you are over stocked? Well, if you are paying your suppliers before actually using the stock, then the chances are that this stock has been sitting unused for between 30 and 50 days and you are over stocked. With deliveries every week in almost every corner of the country, there is rarely the need to store such quantities on hand at any one time.

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• bar management
• opening a bar
• opening a restaurant

[ahiru23]

Good video