Accounting Challenges and Solutions
Behind each business, there’s a great idea and behind each successful business, there’s great accounting management. Accounting is one of the most important parts of the business and can be crucial to its success. We have collected three most common accounting challenges and solutions, which can improve your overall accounting processes. Read the full article to enhance your business accounting potential.
Lightspeed Loyalty is now available in Malta
Progressive is excited to announce that Lightspeed Loyalty is finally available in Malta. Did you know, that the customer is 75% more likely to return to your retail or restaurant business, if it offers a loyalty program? We know how important it is to build a relationship with your customer, which is why we would like to introduce the many benefits to gain by having a Lightspeed loyalty program.
3 ways to increase hotel sales
There are many reasons why your hotel may be lacking sales: guests love the sea view rooms more than street view rooms, the competitors offer cheaper prices, guests choose their stay based on season etc. But is there anything you can do besides waiting for the winter to go away? We have collected 3 suggestions, which are seamlessly connected and should help you increase the overall sales.
How to manage the restaurant’s wine and beer stock
There’s nothing more disappointing for the guest than seeing the waiter come back to the table to say, that the chosen items are not available. Your restaurant’s team should be aware of the availability of all items, however, it is nearly impossible as there can be tens and even hundreds of wine bottles at the restaurant. Use your restaurant point of sale system (POS) to stay one step ahead of the stock availability.
5 not so hidden costs for a small business
Often some of the costs are left out because they are small and seem insignificant. Hidden costs can pile up like an iceberg and sink your business like the Titanic. They can make you think, that you’re business is more profitable than it actually is. What are these costs? We have collected 5 hidden cost categories, which could help you find your iceberg and break it.
What to consider before buying a new property management system
A hotel property management system (PMS) gives the opportunity for each hotel to reach higher service standards. It has replaced manual and inefficient task execution and now streamlines your daily routine. From managing basic tasks to helping you make business decisions, the hotel software has transitioned into a 24/7 employee. If chosen correctly, it can improve your service tremendously. With so many in the market, how to know which one is for you? Consider these 5 suggestions before making the final decision.
Attracting customers at the restaurant’s slow hours
Going out on a Friday night in Malta is very common and often it’s hard to find a space without a reservation. But what happens at the restaurant in the rest of the day? If your restaurant operates for a while, you’re familiar with the busier and less busy times by now. Unfortunately, you cannot stop your business only for a couple of hours because of no customers. Is there anything that you can do to eliminate the slow hours of the day? Take a look at our suggestions.
Last minute business finance management
2019 is here and with January coming to an end, it is the last moment to plan your finances for the year. Review the company’s existing financial situation to determine where your business requires improvements for the running year and many years to come. If you don’t have a plan yet, take a look at 3 of our suggestions, however, if you do, read through the list and tick, if you’ve covered them all.
What can the Maltese hospitality industry learn from the search engine giant Google?
Travel agencies have become practically obsolete- most book their flights and accommodation themselves, either directly from the service provider or use Google as their search engine to find the cheapest or most suitable options. Google has made it extremely easy to plan a vacation whether it’s a few days from now or a year in advance. What can the Maltese hospitality learn from it? We have collected 3 useful tips and tricks to borrow from the billion dollar business.
Free restaurant point of sale system Lightspeed? Yes!
What if we told you that you can use the restaurant point of sale system Lightspeed completely for free and contribute something to the ones less fortunate? “Carbon free dining” has partnered together with Lightspeed to change the world one tree at a time.