{"id":75,"date":"2016-06-15T11:05:12","date_gmt":"2016-06-15T10:05:12","guid":{"rendered":"http:\/\/www.huntmanagementsolutions.co.uk\/blog\/?p=75"},"modified":"2016-06-16T11:23:41","modified_gmt":"2016-06-16T10:23:41","slug":"festival-stock-management","status":"publish","type":"post","link":"https:\/\/www.huntmanagementsolutions.co.uk\/blog\/festival-stock-management\/","title":{"rendered":"Manage your stock at Festivals &#038; Hospitality Events"},"content":{"rendered":"<p><strong><img data-attachment-id=\"78\" data-permalink=\"https:\/\/www.huntmanagementsolutions.co.uk\/blog\/festival-stock-management\/stocktaking-at-festivals-and-events\/\" data-orig-file=\"https:\/\/i1.wp.com\/www.huntmanagementsolutions.co.uk\/blog\/wp-content\/uploads\/2016\/06\/stocktaking-at-Festivals-and-events.jpg?fit=700%2C316&amp;ssl=1\" data-orig-size=\"700,316\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Stocktaking at Festivals and events by Paul Hunt of Hunt Management Solutions\" data-image-description=\"&lt;p&gt;Stocktaking at Festivals and events by Paul Hunt of Hunt Management Solutions&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/i1.wp.com\/www.huntmanagementsolutions.co.uk\/blog\/wp-content\/uploads\/2016\/06\/stocktaking-at-Festivals-and-events.jpg?fit=300%2C135&amp;ssl=1\" data-large-file=\"https:\/\/i1.wp.com\/www.huntmanagementsolutions.co.uk\/blog\/wp-content\/uploads\/2016\/06\/stocktaking-at-Festivals-and-events.jpg?fit=700%2C316&amp;ssl=1\" loading=\"lazy\" class=\"aligncenter wp-image-78 size-full\" src=\"https:\/\/i1.wp.com\/www.huntmanagementsolutions.co.uk\/blog\/wp-content\/uploads\/2016\/06\/stocktaking-at-Festivals-and-events.jpg?resize=700%2C316&#038;ssl=1\" alt=\"Stocktaking at Festivals and events by Paul Hunt of Hunt Management Solutions\" width=\"700\" height=\"316\" srcset=\"https:\/\/i1.wp.com\/www.huntmanagementsolutions.co.uk\/blog\/wp-content\/uploads\/2016\/06\/stocktaking-at-Festivals-and-events.jpg?w=700&amp;ssl=1 700w, https:\/\/i1.wp.com\/www.huntmanagementsolutions.co.uk\/blog\/wp-content\/uploads\/2016\/06\/stocktaking-at-Festivals-and-events.jpg?resize=300%2C135&amp;ssl=1 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" data-recalc-dims=\"1\" \/>With the Summer fast approaching lots of festival, fetes, open days and hospitality events will soon be taking place. However, if you are an organiser, please don&#8217;t forget to manage your stock.<\/strong><\/p>\n<p>Whatever the type of Festival (music, food &amp; drink, beer, proms, weddings, flower shows, Christmas markets etc), food and drink can generate significant income for festivals and events.<\/p>\n<p>However, managing your stock can be a challenge in the more unusual and temporary surroundings chosen for many British festivals such as fields, parks, schools or sports grounds!<\/p>\n<h2>Festival stock issues<\/h2>\n<p>Just some of the stock issues hospitality event organisers face include:<\/p>\n<ul>\n<li>Multi bar and food operations across a festival site<\/li>\n<li>High stock levels being retained on site because of the\u00a0difficulty in re-stocking<\/li>\n<li>Shortage of secure, lockable, storage space<\/li>\n<li>Lack of good refrigeration facilities to keep food fresh<\/li>\n<li>Lot of temporary staff, inexperienced with tills and stock systems<\/li>\n<li>Potentially high wastage and theft issues<\/li>\n<li>Lack of sales and stock reporting<\/li>\n<\/ul>\n<h2>Maximising your festival gross profit<\/h2>\n<p>If you are organising a festival or hospitality event we highly recommend using a qualified and experienced stocktaker. They will\u00a0help you manage your stock effectively and ensure that your gross profit is maximised.<\/p>\n<p>An experienced stocktaker can help you in a number of ways including:<\/p>\n<ul>\n<li>Stock systems &amp; advice<\/li>\n<li>Stock reporting<\/li>\n<li>Analysis of invoicing, sales and stock<\/li>\n<li>Identifying the Gross Profit Percentage per Category &amp; overall Gross Profit<\/li>\n<li>Multi bar reporting<\/li>\n<\/ul>\n<p>Find out more about a <strong><a href=\"https:\/\/www.huntmanagementsolutions.co.uk\/hospitality-events-stocktaking.html\">Festival &amp; Events stocktaking<\/a><\/strong>\u00bb<\/p>\n<h2>Get a FREE Festival &amp; Hospitality Events stocktaking quote today<\/h2>\n<p>Paul Hunt MILSA has been a hospitality events stocktaker for over 15 years. He is an exam qualified member of the <a href=\"http:\/\/www.iltsa.co.uk\/\" target=\"_blank\">Institute of Licensed Trade Stock Auditors (ILTSA)<\/a>, the qualifying body for the Licensed Trade. He has also been appointed to its Council of Management.<\/p>\n<p>He has also achieved the coveted <a href=\"http:\/\/www.iltsa.co.uk\/accreditation.html\" target=\"_blank\">ILTSA Accreditation<\/a> status. This means that his work practices and procedures have been reviewed by an expert panel of the Institute&#8217;s licensed trade stock auditors.<\/p>\n<p>If you would like to discuss your Festival or Event stocktaking\/auditing needs and get a free, no obligation, quote then please call us on <strong>07917 176 005<\/strong> or use our\u00a0<a href=\"https:\/\/www.huntmanagementsolutions.co.uk\/contact-us.html\"><strong>contact form<\/strong><\/a>\u00bb<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the Summer fast approaching lots of festival, fetes, open days and hospitality events will soon be taking place. However, if you are an organiser, please don&#8217;t forget to manage your stock. Whatever the type of Festival (music, food &amp; drink, beer, proms, weddings, flower shows, Christmas markets etc), food and drink can generate significant income for festivals and events. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"Manage your stock at Festivals & Hospitality Events","jetpack_is_tweetstorm":false},"categories":[29,56],"tags":[59,57,58,5,6,7,8],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Manage your stock at Festivals &amp; Hospitality Events<\/title>\n<meta name=\"description\" content=\"If you are organising a Summer festival, fetes, open day or hospitality event, please don&#039;t forget to manage your stock. Protect your gross profit....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.huntmanagementsolutions.co.uk\/blog\/festival-stock-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Manage your stock at Festivals &amp; Hospitality Events\" \/>\n<meta property=\"og:description\" content=\"If you are organising a Summer festival, fetes, open day or hospitality event, please don&#039;t forget to manage your stock. 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Christmas and New Year stocktaking top tips Whether you run a pub, bar, club, restaurant, hotel or festive hospitality, we\u2026","rel":"","context":"In &quot;Bar stocktaking&quot;","img":{"alt_text":"Christmas stocktaking: 9 top tips for festive holiday stocktaking","src":"https:\/\/i1.wp.com\/www.huntmanagementsolutions.co.uk\/blog\/wp-content\/uploads\/2016\/11\/Untitled-5hms.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":191,"url":"https:\/\/www.huntmanagementsolutions.co.uk\/blog\/tips-for-opening-after-lockdown-for-pubs-hospitality\/","url_meta":{"origin":75,"position":2},"title":"Tips for Opening after Lockdown for pubs & hospitality","date":"3rd March 2021","format":false,"excerpt":"Now that the hospitality sector (including pubs, bars and more) has a route out of lockdown, we can start to look forward to opening up once again. After such a prolonged closure, this is a good opportunity to review your stock position for bar and food stock, so here are\u2026","rel":"","context":"In &quot;Bar stocktaking&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.huntmanagementsolutions.co.uk\/blog\/wp-content\/uploads\/2021\/03\/timetable.jpg?fit=1080%2C765&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":159,"url":"https:\/\/www.huntmanagementsolutions.co.uk\/blog\/stocktaking-proving-value\/","url_meta":{"origin":75,"position":3},"title":"Stocktaking proving its value","date":"8th March 2019","format":false,"excerpt":"For most licensed trade and food businesses the need for, and value of, a stocktake is understood. However, it's always nice to be able to demonstrate it by achieving some significant savings.","rel":"","context":"In &quot;Bar stocktaking&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111,"url":"https:\/\/www.huntmanagementsolutions.co.uk\/blog\/pub-stocktaking-reports\/","url_meta":{"origin":75,"position":4},"title":"Pub stocktaking reports - do you have enough management information","date":"24th October 2017","format":false,"excerpt":"Pub stocktaking reports In what has been a very busy summer of stocktaking, I have seen a noticeable increase in the number of licensees - of pubs, bars and clubs - asking more questions and advice relating to their stock control. It's always pleasing that clients are appreciating the need\u00a0\u2026","rel":"","context":"In &quot;Bar stocktaking&quot;","img":{"alt_text":"Pub stocktaking by Paul Hunt Management Solutions","src":"https:\/\/i0.wp.com\/www.huntmanagementsolutions.co.uk\/blog\/wp-content\/uploads\/2017\/10\/pub-bar.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1,"url":"https:\/\/www.huntmanagementsolutions.co.uk\/blog\/hello-world\/","url_meta":{"origin":75,"position":5},"title":"Stocktaking news, tips and thoughts","date":"4th April 2016","format":false,"excerpt":"Welcome to my\u00a0new blog to which I will be adding all of Hunt Management Solutions latest news, thoughts and top tips about all things stocktaking\u00a0over the coming months. 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