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Pubs: Essential facts Carola Parkes

Pubs: Essential facts

Carola Parkes

Published May 1st 2012
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Kindle Edition
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 About the Book 

Contains information essential for running or starting up a successful public house. Coverage includes current market trends, opportunities and threats, trade norms and statistics, VAT position, legislation and regulation.CCH Business Focus Series -MoreContains information essential for running or starting up a successful public house. Coverage includes current market trends, opportunities and threats, trade norms and statistics, VAT position, legislation and regulation.CCH Business Focus Series - Product contents:The list of topics covered within each CCH Business Focus sector profile follows the same structure so once users are familiar with the coverage of one sector profile, they are familiar with them all – saving valuable time in getting to grips with the content.Contents listing for each CCH Business Focus sector profile:Sector overviewAn overview of the industry dynamics and a view of how the industry is developing. Opportunities for you to develop?•Trade developments•Turnover trends•Market position•Outlook and prospectsNature of the tradeTake a look at the operating practices and the dynamics impacting your top line and gross operating margin. Opportunities for improving profitability?•Operating practices•Jargon and special features•Sales mix•Seasonality•Factors affecting sales•Prime records•Customers, terms offered•Suppliers, terms obtainedStart-upIf you are about to start up or have started up in the past 6 months, then this is an information centre you cannot afford to miss:•Costs•Sources of grant aidLegislation and regulationWith legislation continuing to be output at an alarming rate, here is an area that identifies the general and specific legislation that you need to be aware of including:•Trade specific legislation•General legislation•Health and safety issues•Employment legislation•Licensing requirements•Sources of further informationPerformance indicatorsFind out how you compare with others in your industry, can you move your margins and profitability? Here you will find:•Main performance indicators•Ratio trends•Factors affecting ratios•Other key ratiosInvestigation mattersThe Inland Revenue will on occasions ask questions regarding a clients accounts. We thought it might help you if we provided an overview of the approach adopted by the Inspector of Taxes:•Matters for review•Selection process•Critical review often look in depth at•Interview - we will always be with you should the Inspector require a face-to-face meeting•Settlement•Business economics exerciseAccountancy mattersSome of the areas that are considered when preparing accountsVAT positionAgain, specific comment relating to your industry and VATStatisticsHere you will find an index of tables including information such as:•Consumer expenditure•Demographic trends and projections•Number of businesses•Levels of disposable income•Turnover trendsFurther information•Useful addresses•Trade associations•Specialist publications and journalsExecutive summaryIncludes an overview and skim read with links back into the relevant content.