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Infographic: Costs Behind A Cup Of Coffee

Infographic: Costs Behind A Cup Of Coffee

Your average cup of coffee has a lot of bills to pay. While the cost of the product itself is relatively cheap and has a big gross profit margin, the follow up costs really erode away a lot of the profitability.

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Business Tips: Restaurants, cafes and catering
Business

Business Tips: Restaurants, cafes and catering

I read a post on Quora recently where someone asked what the essential traits of  successful restaurants were. Many current and former restaurant owners, chefs and investors offered their advice. There were a number of common themes, as you might expect – good food, good location, good customer service, good online reviews etc. But one […]

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Newry Market being put to good use
Hospitality

Newry Market being put to good use

A few years ago I wrote a piece about how I felt we could help save the Cathedral and Creamery Quarters in Newry. Among the suggestions I had were making the most of Newry Market. I still maintain this is as really great facility. It just seems to have gone downhill over the years without […]

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The case for a Reduced Rate of VAT for Hospitality & Tourism
Business

The case for a Reduced Rate of VAT for Hospitality & Tourism

In the 41 years since VAT was introduced, it has gone from gone from raising £1.5bn per annum to over £100bn. In 1973, upon its introduction, it was set at 10% and now stands at double that. As the name suggests, the idea of VAT (Value Added Tax) is to tax the value businesses add […]

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