Monday 27 October 2014

Who's steering the pub sector ship?

I recently was speaking at an event for the Morning Advertiser to 20 pub companies BDM's and regional managers on how they could improve their service to landlords.

My reason for taking this opportunity was to demonstrate how, with some investment and TLC,  operators could grow their customer's [landlords] turnover and at the same time add a few pounds to their bank balance as well.

On average my programme will generate and deliver healthy profit over a twelve month period, but the problem or stumbling block to mirror this activity is that the pub co's business manager is time spent trying to juggle the requirements of some 45-60 outlets and overburdened with administration.

If large pub cos were to split compliance and property administration with focused development managers, whilst it may incur extra costs in the short term, having happy and healthy customers generating a decent profit would mean that from a time management perspective the papering over of the empty pub syndrome would abate.

Whilst I believe some debatable landlords have been allowed into the system without adequate training and due diligence, a dose of nurturing ,coaching and creating a vision and goal for the business,would create a more focused and passionate landlord who can see greater profits for all his/her hard work and create a decent future for themselves and their families.

A further issue is, at present there doesn't seem to be a father figure steering the sector in the right direction,and whilst great strides have been made in judicial systems, surely a long term strategy of training and growth would eradicate most of these financial nightmare cases.

The problem I fear is that whilst pub companies go round and round in circles on a repetitive strategy, nobody will take the bull by the horns and take a different route.

Find out how you can take a different route to financial freedom here with your own unique business growth training day .

                                        www.thepubspecialist.co.uk
                                                    Lester Pyatt
                                                   07931 238211