Sales are Vanity, Profit = Sanity, Cash is Reality
Are you new to, or not yet started running your business, and feeling on your own or nervous about your journey ahead? Costs such as accountancy can seem like a dead hand overhead, stopping you making a profit before you’ve even started. From our actual hands on commercial experience, At Accounting & General, we are different, adding value to what you are doing, by advising you of opportunities and pitfalls, that others will simply stand back from and take their fee.
Or have you been in business for some time, working hard, all hours possible, but there’s never any money ‘in the bank’?
Perhaps your sales are not high enough, or perhaps your costs are too high? But you are not sure, and you don’t know what to do about it.
Our combination of skills in accountancy and experience in running leisure businesses means that we are well placed to help you.
An accountant has the ability to tell you for example that your sales are too low for your fixed costs, but is unlikely to have the intimate industry knowledge to advise you actually what to do.
Or that your restaurant or cafe food costs are higher than an industry average, but not know the detail of systems and procedures that will enable you to act. Or have practical ideas for your menus and wine lists.
We, on the other hand, will meet with you, discuss your business and analyse your figures. We will compare your achievements to our expectations, and we will consider your industry trends. We will advise if we are able to help.
We have commercial management experience and responsibility for running a variety of leisure businesses including:
- Hotels – The Island Hotel, Tresco – Hell Bay, Bryher – The Grand, Torquay – St Elizabeth’s, Plympton St Maurice.
- Pubs – The New Inn, Tresco – Rose & Crown, Yealmpton – Ring of Bells, North Bovey
- Restaurants – several of 1-2 AA Rosette standard – Abbey Garden Café, Tresco
- Retail – Tresco Stores – Gallery Tresco – JH Dewhurst (south west) Ltd
- Attractions – Butlin’s Minehead – Crealy Great Adventure Park
- Holiday Parks – Butlin’s Minehead (multi-faceted income streams, including caravans)
- Cottages – Tresco (50 cottages)