five ways to save money

At beacon we’re experts in saving you money!  Here are our top five tips to cutting your costs and improving your profit!

1) Keep an eye out for a bargain!

Most suppliers run regular price promotions, so keep an eye out for these.  Suppliers often use these to trial new lines or pass on savings from manufacturer for certain products.  They can be an excellent way of offering customers promotional ‘specials’ where you can save money and increase your profit margins by selling a dish at a preferential price.

If you’re a beacon member, log in to the site to see the latest money saving offers from beacon suppliers.  If you’re not sure of your log in details, just drop us an email or give us a call on 01904 695588.

2) Cost up your menus

Make sure that all your menus and drinks are regularly costed and priced correctly so that your current sales mix generates your target profit margin.

Re-engineer your menus or replace dishes that don’t earn you enough and train your team to ‘sell’ the higher margin products.  

3) Build good supplier relationships

Ensure you’re in regular contact with your beacon account manager to regularly compare prices and make sure you’re achieving the lowest possible pricing.

And make sure that your teams only purchase through the suppliers that you have nominated, at agreed contract prices.

4) Go green and save money

Going green makes great business sense.  There are a hundred and one things you can do today, at little cost, to make ‘greener’ business decisions and save money too.  From energy saving light bulbs, to reducing energy usage and much more.

Visit the beacon green hotel at www.beacongreenhotel.co.uk to take a 3D tour around a virtual hotel, discovering ‘green’ advice, hints and tips as you go.

5) Use your beacon directory!

If you’re a beacon member, look through your beacon directory and ensure that you’re trading through beacon central billing with all of your current suppliers – your service will remain exactly the same, except you will begin to earn Powerpoints on everything you buy, which can be claimed back as cash into your bank account.

To view your current Powerpoints balance, click the button above and log in to the site.  If you’re not sure of your log in details or would like another copy of the beacon directory, send us an email or give us a call on 01904 695588.

If you’re not yet a member, but would like to find out more about how beacon can save you money on your purchasing, click here.