Financial Tools to run a Profitable Business

The Different Methods of Valuing a Bar for Sale

When you are looking at a bar from a purchasing point of view, how do you know if the owner has pitched their price at a realistic level?  Obviously every bar and business is different, so it can seem quite complicated at first to work out how to put a value on it. more>>

How to Prepare a Bar Business Plan to Get a Loan

The bar business is very competitive and can seem a bit daunting when you first start out.  After all, there’s all these other people running successful businesses, so how are you going to compete? more>>

Business Start Up: The Fundamentals of Beginning your Own Business

Have you always dreamt of doing something on your own, maybe start a restaurant or a bar? As you are cooking some exotic dish in the kitchen for your family, do you pretend you are standing in the kitchen of your restaurant, entertaining the many people who have been flocking to it? more>>

Three Year Profit And Loss Forecast A Profit & Loss Forecast is the foundation of your business planning and is especially necessary for new businesses looking for investment. The forecast will tell you whether you project sales that exceed your costs and whether you even have a viable business plan moving forward. more>> Demand For Payment Template Do you find yourself wasting time pursuing clients for unpaid and overdue accounts? Are you frustrated with the conflict and often loss of profits associated with this tiresome issue? This template will save you time communicating politely but firmly that payment is required immediately. Preview>> Twelve Month Profit And Loss Template To help ensure your profitability and to stay on top of the game, then it is important that now is the time to ensure you are preparing your budgets for the upcoming year. To make this job easier Barkeeper brings you this easy-to-use template. more>> What is a Revenue Audit? In the course of your business, you may be required to undergo an Audit by the Revenue Commissioners, but what is a Revenue Audit? more>> What happens during an Audit? What information will the inspector need and what is your function during an audit. We show you what you need to know about the Audit itself. more>> Check your Company's Financial Health with our Cash Flow Checklist Cash flow is a key indicator of your business’ financial health. Knowing how to maintain a healthy cash flow is essential to being a successful hospitality business. Preview>>   What Metrics mean to your Business You need to have the right measurements, and then be able to interpret them and use them to develop effective business strategies. We examine the importance of Metrics. more>>

12 Month Budget Template - Bar/Restaurant Specific If 2009 is as challenging as 2008, wouldn’t it be best to have your budget projections on paper? Failing to do so could result in problematic expensive problems permeating your business for extended periods of time. A budget will allow you to analyse month by month your performance against your expectations and to make any changes as they happen. Don’t make the mistake of letting any part of your business to chance. Plan, plan and plan again until you achieve the results YOU want.more>> How to Prepare for an Audit Knowing your own financial situation and bookkeeping records is essential before the inspector arrives. We show you what to cover before your audit. more>> What happens after a Revenue Audit? So, you've had your audit, and the inspector has made recommendations, but what do you need to do next? We show you what you need to know. more>> Protect your Company's Physical Assets with our  Internal Controls Checklist This checklist includes controls that apply to the processes most hospitality businesses have in common – protecting physical assets, handling cash etc. Preview>>   How to Measure your Profitability We have compiled the essential set of Ratios needed to measure the profitability and liquidity of your business. Essential for any business owner. more>>