MANAGEMENT ACCOUNTS & BUSINESS PERFORMANCE
Know How Your Pub Is Performing Before Year End
Year-end accounts tell you what happened. Management accounts help you understand what's happening now.
Asturias Consultants provides regular management reporting for pubs and hospitality businesses, turning your accounting information into figures you can actually use. We look at sales, gross profit, wages, overheads, cash flow and performance against budget so you can see where the business is performing well and where something needs attention.
A standard profit and loss report only tells part of the story. We focus on the figures that help you understand how the pub is actually trading and where profit may be slipping away.
Your reporting can include wet GP, food GP, wage percentage, sales performance, overheads, cash position and variance against budget, with clear commentary explaining what has changed and what needs looking at.
If wet GP drops, food margins tighten or wages start running ahead of sales, waiting until the year-end accounts arrive is too late. Regular reporting allows you to see those movements earlier and investigate what's causing them.
We compare performance against your budget and targets, helping you understand whether the issue is sales, pricing, purchasing, stock control, staffing or another cost within the business.
Your budget should be a working tool, not a document that gets filed away once the year starts. We compare actual performance against budget so you can quickly see where sales, gross profit, wages and overheads are ahead or behind plan.
Where there's a significant variance, we'll explain what's driving it and what action you may need to consider. This gives you a much clearer picture of whether the business is on track to deliver the result you planned.
You shouldn't need to be an accountant to understand your management accounts. We explain the figures in straightforward terms, drawing your attention to the areas that matter and what has changed since the budget was prepared.
The aim is to give you useful information to make decisions about pricing, staffing, purchasing, costs and the wider operation of the pub.
Want to Understand What Your Numbers Are Telling You?
Talk to us about the financial information you're currently receiving and what you'd like to understand better. We can show you how regular management accounts could give you greater control over your pub's performance.