Blog Archives

Bar Management Guide | 5 tips for running a successful bar

To run a successful bar, it’s not enough to have good cocktails and a space with an eye-catching design. There are many factors that you must take into account to differentiate yourself from the competition, since there are bars on almost every street. In this article we give you some tips so that your pub…

Cocktail and Bar Industry Trends for 2021

What are the current trends in the bar industry? 2020 has been a year that we will all remember, for better and for worse. The hospitality industry, however, has been one of the most affected and has had to reinvent itself. We don’t really know when we will be able to have a cocktail with…

5 ways to improve your restaurant inventory management

The ultimate goal of any business is to make as much profit as possible, this goal is no different in the restaurant industry and keeping track of your inventory gives you the best possible chance of increasing your profit margins. Tracking inventory can allow restaurants to quickly identify any stock problems and save money in…

The Best 10 Bar Inventory Apps in 2021

Managing a bar or a restaurant is not an easy job. In fact, managers have to juggle multiple responsibilities at once to keep the business thriving and one of the most important and time-consuming tasks is bar inventory. For many businesses in the hospitality field, managing bar inventory is crucial to the success of the…

5 effective ways to increase bar profits quickly

Bars and restaurants revenue vary widely from one establishment to another. But one thing is certain and it’s that any bar owner can boost his/her average profit margin with proper bar management techniques. It doesn’t take a rocket scientist to know that while many customers come for the food, it’s actually alcohol sales that have…

December 2020 updates

RapidStock web Version 10.25 New dark theme Added historical saving of product data Added csv export to the report page Add costing calculations and display to batch recipes Added the option to select variation when importing from the master database Add csv upload of sales for Veloce users Added a search field to the purchases,…

How to manage a bar inventory | Liquor inventory guide

Managing a bar inventory efficiently can be quite a challenge without the necessary knowledge and tools. For many businesses in the hospitality field, alcoholic drinks account for a significant amount of both revenues and costs so knowing how to manage your inventory is crucial to ensure the well-being of your business and optimize profits. Conducting…

Bartender training guide 2021

What is a bartender? It is often hard for customers to tell what it takes to become an excellent bartender. Also known as a barman or barmaid, this job requires proper training, a lot of passion and a continuous work on oneself. The bartender must be versatile and efficient to create a pleasant atmosphere and…

What is a KPI?

KPI means: Key Process Indicator Why are KPI’s so important for my bar or restaurant? KPIs are important because they keep measurable objectives at the forefront of decision making. It’s essential that objectives are well communicated, so when people know and are responsible for their own KPIs, It ensures that the business’s overarching…

10 KPI examples for your bar or restaurant

What is a KPI? Some say: -“If you can’t measure, you can’t manage” Read this article for our definition of a KPI Here’s a list of useful KPIs (Key Process Indicators) that can help you manage your bar or restaurant: Employee Labor Percentage Add up expenditures for all wages and salaries. Include bonuses, commissions, and…