Venners: stocktaking can promote transparency
Many of the failings identified in the Business and Enterprise Committee report can be addressed by a independent stocktaking programme, according to Venners.
The stocktakers believes that many operators have disregarded the proven business protocols of stocktaking and placed faith in EPoS and beer flow monitoring equipment.
"Reputable, independent stocktaking and auditing have always been able to provide a framework for ensuring fairness and transparency in dealings between landlord, lessees and other parties," said Venners managing director Trevor Heyburn.
"Furthermore, stocktaking and auditing should be self financing and provide a regular, independent health check on a business — checking that it is being run profitably, efficiently and to its maximum potential, thereby improving control, margins and profits for all parties.
"Regular sharing of such vital and independent information reminds and unites each party of their mostly common goals and identifies any obstacles to these, thereby fostering a more positive relationship and providing a framework ensuring fairness and transparency for all their business negotiations including rental calculations."
